Weekly CEO News from Richard Ingram
November 9, 2017

A cut to the headline rate of corporate tax is the cornerstone of President Trump’s tax reform policy. The US has one of the highest rates of corporation tax at 38.9% (the federal rate combined with average state and local

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November 9, 2017

Passable?

Written by Posted in Finance Comments 0

DOW – 101 = 23,462SPX – 9 = 2584 NAS – 39 = 6750 RUT – 7 = 1473 10 Y + .01 = 2.33% OIL + .28 = 57.09 GOLD + 3.60 = 1285.40 Cryptocurrency Number of Currencies: 896 Total

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Mervyn King delivered a provocative and intriguing 2017 Martin Feldstein Lecture at the National Bureau of Economic Research on the subject of “Uncertainty and Large Swings in Activity”(July 19, 2017). A written version of the presentation is available in the NBER

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To the middle class… Video length: 00:00:08 Before we start, don’t forget the chaos in Japan overnight… Gold remains the biggest winner in the post-Saudi-chaos world… The Dow’s 7-day win streak is broken… Trannies were worst Trannies are now down

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Credit Card Debt Is Over $1 Trillion The consumer is at a crossroad. If wage growth accelerates in 2018, everything will be fine, but if the economy turns south, the consumer will be in a world of hurt. Some readers

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Nvidia Corporation (NVDA – Free Report) just released its third-quarter financial results, posting earnings of $1.33 per share and revenues of $2.64 billion. Currently, NVDA is a Zacks Rank #2 (Buy) and is relatively flat in after-hours trading shortly after

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Take a look at three trading ideas to prep you for the next trading session. Long Facebook (FB) Long Wynn Resorts (WYNN) Short Electronic Arts (EA)

ETH/USD Daily Chart Technical Outlook: Heading into the close of October we noted that the focus for Ethereum, “falls on the 275-312/20 range- look for the break for guidance with broader bullish invalidation now set to confluence support at 257.” The November opening range took shape

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Sitting atop this year’s performance gainers are leveraged ETFs. These are funds that use a combination of debt and derivatives to magnify their performance. Are leveraged ETFs right for you? Before tackling this question, let’s examine key trends within this arena.

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November 9, 2017

Bonds Away

Written by Posted in Finance Comments 0

Today would have been quite interesting, had it not been for the damned buy-the-dip crowd. One area, however, that’s really starting to break down is high yield bonds. Check this out: Indeed, the HYG and SPY are diverging quite nicely:

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