Over the past few weeks we have been highlighting a number of indicators suggesting that the stretched bull market in equities is due for a correction. We weren’t sure what might spook the market, but today’s geopolitical events certainly qualify. After weeks of increased rhetoric between North Korea and the US, the UN applied heavy […]
US stocks retreat as N. Korea spurs geopolitical unease. Read story N. Korea threatens attack on Guam. Read story China urges calm over N. Korea. Read story N. Korea says it has released Canadian pastor. Read story The case for $5000 Bitcoin. Read story Can this US city go 72 hours without a murder? Read […]
Last year China sold over 28 million vehicles, more than any country in the world. China sold over 10 million more vehicles than the 17.6 million sold in the US. Of the 28 million vehicles sold in China in 2016, 507,000 were Zero Emission Vehicles (ZEV), which was a 53% increase from 2015. By contrast, […]
Wall St opens lower as investors pause after record rally. Read story Prosecutors seek 12-year sentence for Samsung boss. Read story Americans now have the highest credit card debt in US history. Read story Specter of coup, serge in violence haunt Venezuela. Read story The two industries that are getting the worst customer complaints. Read […]
Generally, the well-known trading adage “Sell in May and go away” works, as long as you re-enter the market at the right time. This year however, the markets have been strong and are higher today than they were in May, driven primarily by the strong rally in July. As we can see on the Seasonality […]
Dow opens at record after strong July jobs report. Read story The jobs numbers: Who’s hiring in America – and who’s not. Read story Former Facebook executive says society will collapse as robots will put half of humans out of work. Read story Gold falls, tracking weekly loss, as hiring strength in July boosts stocks […]
Trump: US-Russia relations at ‘dangerous low’. Read story Trump’s heated conversations with Mexico, Australia’s leaders revealed in transcript. Read story Venezuela election results ‘manipulated’ by at least 1 million votes, polling company says. Read story Small business hiring rises in July. Read story WikiLeaks releases documents on ‘Dumbo’ CIA tool allowing control of webcams. Read […]
If you are an American citizen who pays taxes, your liability of the total US debt now totals $1.05 million. When discussing the national debt, most people assume that the total national debt is the ‘official’ debt, which is sitting at $19.98 trillion, which in itself is an outrageous number. The current population in the […]
Mariam Webster’s definition of Complacency: marked by self-satisfaction especially when accompanied by unawareness of actual dangers or deficiencies : marked by complacency : self-satisfied a complacent smile The VIX volatility Index measures the market’s expectation of 30-day volatility. It is constructed using the implied volatilities of a wide range of S&P 500 index options. This […]
Oil rallied 3.3% today, marking the strongest single-day rally since late last year. Reasons given for the rally were that Saudi Arabia announced that they would cut August exports to 6.6 million barrels a day—a million barrels less than a year earlier. Also, Nigeria, which isn’t part of the production-cut agreement led by OPEC, promised […]