AbbVie Inc. (ABBV) discovers, develops, manufactures, and sells pharmaceutical products worldwide. The company was created in 2013 when Abbott Laboratories split into two companies – Abbvie and Abbott. Abbvie continued raising dividends to shareholders for the five years since becoming a separate
September 13, 2018
The constant battle between Financials and Tech stocks for market leadership continues with most financial stocks slipping lower today to key support levels. In tonight’s video, I walk you through the broader XLF then pinpoints key levels in leading stocks
As you may have noted the inflation figures missed estimates to the low side with core CPI and PPI across the board coming up light. Inflation from this tight labor market and booming economy is so frightened of the technocrats at the Fed that it
A Treasury report shows the budget deficit exploded higher in August. The Treasury blames a holiday calendar. The Monthly Treasury Report does not look pretty. The US government ran a $214 billion budget deficit in August of 2018 compared with a $107.7
Cushing, OK, delivered what it could for the CPI. The contribution to the inflation rate from oil prices was again substantial in August 2018. The energy component of the index gained 10.3% year-over-year, compared to 11.9% in July. It was
Data Courtesy of Trade Alert
Following the late US headline that US/China trade talks were likely to resume, all Asian indices opened firm. The positive stance was reflected across all markets, but mainly assisting China – as you would expect. Hang Seng performed the most
iStock.com/amanalang Inflation Running at the Fastest Pace Since 2011 Inflation in the U.S. could become a much bigger problem. If you aren’t feeling it yet, give it some time. Don’t ignore it. Inflation could impact the wealth and buying power
Hurricane Florence brings back memories of last year’s devastation when a host of hurricanes wreaked havoc in parts of the United States. A hurricane season typically starts in June and lasts through November during a year, gathering strength in August
With less than three weeks to go until the end of the quarter, the profit warnings are starting to emerge, and today none other than JPMorgan warned that its Q3 trading revenue would be down compared to 2017. Speaking at
