VIA US UNCUT by Lacey McLaughlin Congress actually did something productive today: diverting billions of dollars in Wall Street subsidies to help repair America’s infrastructure. On Thursday the House approved a five-year, $305 billion bill that will lower dividends from the Federal Reserve to finance highway and transit improvements. As much as $9 billion in Wall Street […]
Domestic Economic Indicators 2/2/15-2/6/15 Monday 2/2 Personal Income and Personal Spending Personal Spending fell 0.3% which miss expectations of a 0.2% decline Personal Income rose 0.3% which was better than expected For the full year personal income is up 2.5% which is the biggest increase since 2006 PCE (Personal Consumption Expenditure) […]
Monday February 17th -U.S. markets were closed for Presidents Day Tuesday February 18th New York Fed Manufacturing Survey -fell to 4.48 down from 12.51 the month before -was expected to fall but only to around 8 -new orders were near 0 but anything above 0 shows expansion -this survey is used to forecast the […]
One of the most talked about investments of the past year has been Gold, demand sliding 15% in 2013 while it’s price dove north of 25% within the same period. So far in 2014, Gold has bounced off its heavy support level and multi-year low of 1200 to finish +9.5% the first month and a […]
The December 25th debut of The Wolf of Wall Street is ravaging movie go-ers across the world, who are still internalizing Martin Scorsese’s genius rendition of real life 90’s Wall Street mogul Jordan Belfort. The film stars Leonardo Dicaprio, in blest form, who teams up with the storied director to play the part of young Belfort. If you have gotten out to see the movie, you […]
For the week of 2/10, data continuing through 2/14. This is the complete filing of economic data posted within the United States: Tuesday 2/11 Wholesale Inventories -rose less than expected in December -increased 0.3% -inventories are a key component of GDP changes = goes into calculation of GDP -many believe lower than expected because current level […]
After a week of uncertainty the Dow Jones Industrial Average, an exhibition of the 30 strongest American outputs has made its way back to safe grounds. In not even a week since the deviant side of the market sunk 7%, it has taken back 650 points. This a blunt recovery from January; which saw further Fed tapering, lackluster US manufacturing […]
In a few short months one of biggest shows on earth will be touring the country of Brazil. The FIFA world cup will take place in 12 hot cities within the country and looked at with a proper lense, this has the potential to be the fuel that the country needs to gain momentum and compete with other […]
On the state of domestic markets: The last week was a euphemism for the last month(6 months really) in equity investing, which has been filled with worry and questions. With the theme of overpriced equities holding true, many investors fear that the 7% pullback over the last month is the beginning of the end… that is, the end of an insolent […]
Bitcoin is a bit of an enigma. Luring the slow to wit investment reader into believing its viability. Let’s not forget that it lost half its value in one day in early December and still has the sharpest of money managers completely baffled. As its price rises after endorsements by companies like ZYNGA, who after […]
