Trade wars made the Great Depression great. When countries needed to cooperate, they imposed tariffs. This reduced trade and increased unemployment in each country. Tariffs are the traditional tool of trade wars. A tariff is a tax one country imposes
January 12, 2018
The Intercept’s article today on Aflac is “filled with hyperbole, which reduces the credibility of the claims being brought,” Evercore ISI analyst Thomas Gallagher tells investors in a research note. The analyst admits, however, that it is unclear to know
The Chart of the Day belongs to Galectin Therapeutics (GALT). I found the pharmaceutical stock by using Barchart to sort today’s 52 Week New High list first for the highest Weighted Alpha, then again for technical buy signals of 80% or more. I then used the
As can be shown on the following Year-to-date percentage gained/lost graphs, U.S. Major Indices and Sectors extended their gains into Friday’s close, except for Utilities and Consumer Staples. However, they did so on rising volatility, as shown on the following SPX:VIX Daily ratio chart. As
Stocks continue to be on a tear while the dollar just experienced its fifth straight week of declines against a broad range of currencies, hitting a 3-year low against the euro. Make America Great Again (better known as MAGA) isn’t
“You said it was good,” my 8-year-old son said as he walked off. He had just recorded a few sentences for a casting call. He is no actor, but my wife wants to give him the opportunity and see if someone
When we reported Wells Fargo’s Q3 earnings back in October, we drew readers’ attention to one specific line of business, the one we dubbed the bank’s “bread and butter“, namely mortgage lending, and which as we then reported was “the biggest
The rebound in the precious metals sector continues. Friday, Gold pushed to another new high, near $1340/oz. Gold stocks led by the HUI Gold Bugs Index and GDX also made a new high with juniors and Silver right behind. The
