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December 18, 2017
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At its most recent meeting, the Federal Reserve raised interest rates. This was in line with expectations. Analysts warned the rate hike was coming for months. But the Fed delivered a surprising outlook for next year: Officials expect strong economic growth. We saw
It’s an amazing feeling to know I can make money anytime I want. It’s not that I have some super-rare skills, although ring announcing is harder than it looks. (I’m a boxing ring announcer in my spare time. Seriously.) But
Why would any central bank try to disguise the fact that it is being highly accommodative in its own money markets? That would be a strange place to start, made all the more so by the further observation the same
The countries of East Asia are worried about the coercive power of Beijing’s pocketbook. And perhaps they should be. China is flush with money, and as it continues to pour massive amounts of aid and investment into the region, it’s
It looks like the pigs in Congress are going to get their ‘tax reform’ for Christmas. Winning… The various stock and several bond markets are in a financial asset bubble, and certain stocks are surging higher in some fairly impressive
Written by Craig Basinger, Chris Kerlow, Derek Benedet, Shane Obata – RichardsonGMP Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by misconception. – George Soros With the rapid rise of
Top tickers for end of day: AAPL, MU, TWTR, RF, BAC and X.
A solid session across the board and all time zones, for the final week ahead of Christmas. The results heard on Friday that the US corporate tax could be reduced to 21% from high 30’s gave a huge boost to
