With the release of yesterday’s report on October Personal Incomes and Outlays, we can now take a closer look at “Real” Disposable Personal Income Per Capita. At two decimal places, the nominal 0.39% month-over-month change in disposable income was trimmed to
December 1, 2017
If the GOP tax bill fails, how far over its skis is the current stock market? CNBC’s Jim Cramer says 500 points will come off the Dow instantly. Others more or less concur. Even Treasury Secretary Steve Mnuchin warned that
The fertilizer industry is showing signs of stability of late, taking succor from improved pricing and demand dynamics for certain major crop nutrients and a firming farm economy. While still-weak agricultural commodity prices remain a roadblock, strong usage in major
Domestic and geopolitical politics are seriously heating up; we’ve seen phenomenal bitcoin volatility all while the equity markets continue to grind higher and higher even after the quick pullback in trading today. That slippage reflects not only the delay in
Natural gas prices settled up modestly on the day, but seemed to sputter into the weekend as most gains came overnight with prices gradually declining through the day today. Prices seemed to bounce right off the $3.12 resistance level, unable
Talking Points: Gold price outlook hinges on Senate tax cut vote result Crude oil prices struggle despite output cuts extension Gold prices declined as a swell in risk appetite pushed Treasury bonds lower and sent yields higher alongside share prices. Not surprisingly, that undermined
Like any other market, there are many opinions on what a currency ought to be worth relative to others. With certain currencies, that spectrum of opinions is fairly narrow. As an example, for the world’s most traded currency – the
It’s forecasting time. Goldman Sachs strategist David Kostin called his 2018 outlook “rational exuberance” and he expects the S&P 500 to reach 2850 by the end of 2018. That’s a 9.5 percent rise from here. The driver will be corporate
