|Day's Range||127.36 - 162.26|
Jeremy Granthan's GMO Asset Allocation Team has released its latest 7-Year Asset Class Real Return Forecasts Continue reading...
U.S. markets and stock ETFs retreated Friday after China said it will execute retaliatory tariffs and President Donald Trump ordered U.S. companies to get out of China in response to Beijing's threat. On Friday, the SPDR Dow Jones Industrial Average ETF (DIA) fell 2.0% and the SPDR S&P 500 ETF (SPY) declined 2.1%. Market losses deepened after Trump went on Twitter in response to China's plan to add tariffs on $75 billion more in U.S. goods, the Wall Street Journal reports.
U.S. President Donald Trump has never been shy of sharing his feelings about Federal Reserve Chairman Jerome Powell. Just a couple of hours after China threatened to again retaliate to new U.S. tariffs with its own set of tariffs on $75 billion worth of U.S. imports, Trump once again slammed Powell and the Fed in a series of tweets. Speaking Friday at the annual Jackson Hole symposium, Powell said the central bank was prepared to provide more stimulus if a global economic slowdown hurts the U.S., but stopped short of signaling the start of a more aggressive easing campaign.
Fed Chair Jerome Powell reiterated that the Fed is committed to doing what it needs to do in order to “sustain the expansion.” Powell made the speech at the Fed’s annual symposium in Jackson Hole, Wyoming.
In its recent FOMC minutes, the Federal Reserve has used language that suggests its decision-making is affected by what's happening in the financial markets.
U.S. markets and stock ETFs struggled mid-Thursday as weaker-than-expected manufacturing data and uncertainty over the Federal Reserve’s outlook weighed on risk assets. On Thursday, the SPDR Dow Jones ...
Today, IHS Markit released the US manufacturing PMI (purchasing managers’ index) data for August. The manufacturing PMI hit 49.9, down from 50.4 in July.
A global economic growth slowdown is well underway as corporate sentiment and investment, as well as global trade and manufacturing, have fallen to multiyear lows.
Investment company MM Capital LLC (Current Portfolio) buys SPDR S&P; 500 ETF Trust during the 3-months ended 2019Q2, according to the most recent filings of the investment company, MM Capital LLC. Continue reading...
The turnaround this year, prospects for a bear market, the problem with rising global and domestic debt, and some risky market trends, including the rise of indexing Continue reading...
Senior Investment Strategist Steve Lipper details 3 sectors at the intersection of quality and value where he is finding opportunities Continue reading...
U.S. markets and stock ETFs climbed Wednesday as strong earnings numbers out of the retail segment helped mitigate fears of a slowing economy. On Wednesday, the Invesco QQQ Trust (NASDAQ: QQQ) increased ...
Amid the trade war, weakening economic indicators, and the yield curve inversion, Jeffrey Gundlach believes the Fed has lost control of interest rates.
President Trump is considering a payroll tax cut plan to boost the US economy. Is the tax cut really necessary? The plan could increase consumer spending.