Economy and Trends

ECB Follows China’s Lead Creates New Stimulus

In a surprise move, the European Central Bank announced a new stimulus package at its policy meeting on Thursday. The ECB announced no changes to the rates and it signaled that it will hold interest rates where they are for the rest of 2019. This is almost a complete reversal from what the bank’s stated policy was just three months ...

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Has President Trump Cried Wolf One Too Many Times?

It is clear that President Trump pays a great deal of attention to the stock market. He has made numerous comments about the market over the last few years, and usually it is regarding how well it is doing. Personally, I like the fact that he is aware of what is going on in the market, being that I am ...

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Global Economic News Paints a Gloomy Picture

The last few days have been busy ones for global economic reports. Most of the reports have pointed to a global economic slowdown, with the U.S. being one of the few countries that have produced positive surprises. Bloomberg host Jonathan Ferro stated this morning, “Global growth is looking soft, Europe is looking terrible, China looks dreadful, and the United States ...

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Global Economic Uncertainty Weighs on U.S. Economy

We have been reporting for the last several months that economic confidence in the small business realm has been waning. This has also been confirmed in big business via the latest industrial production report by the census bureau. Overall orders for durable goods, manufactured products intended to last at least three years, rose a seasonally adjusted 1.2% in December from ...

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Income Inequality is what made America Great

Don’t take my word for it. Just ask anyone who has come to America from a socialist country. The irony of income inequality is lost on those who propose the likes of the “Green New Deal.” I will not name names, because you already know the usual suspects. I will group them together for purposes of this story and simply ...

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The Hypocrisy of Socialists and Taxes

I’m not sure if freshman Rep. Alexandria Ocasio-Cortez (AOC) was around during the Reagan era and the economic notion of supply-side economics, but I’m pretty sure her partner in crime against capitalism, Elizabeth Warren was. I don’t know what either of these women studied in school, but I can assure you it was not economics. Who is Elizabeth Warren to ...

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Fed Hint of More Dovish Stance Enough for Investors

The Federal Open Market Committee concluded its two-day meeting on Wednesday afternoon with the announcement that there would be no change to the target rate at the present time. That was what pretty much what everyone expected—no rate change in January. The stock market reacted in a positive manner despite the Fed doing what was expected, but it was more ...

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What you need to know about the Housing Market in 2019

As one might anticipate, projections for real estate values and the market, in general, are scattered like stars in the sky. So many thoughts and statistics it is hard to know where to begin. My experience is that real estate brokers are somewhat synonymous with stockbrokers in regard to their involvement in the efficient market of information. Maslow’s hierarchy will ...

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