There’s a Bear in China!

There’s a Bear in China!

And it’s not a panda. The Shanghai Stock Exchange (SSE) Composite Index, which reflects the performance of all shares that trade on the Shanghai Stock Exchange, dropped into bear market territory last week, reported CNBC. The Index has fallen more than 20 percent from...
What Time Is It?

What Time Is It?

The  may be the pocket watch of economic indicators. It’s been around for a long time and it’s often right, but not always. The yield curve is the difference between the interest paid on two-year government bonds and 10-year government bonds. In normal circumstances,...
The World is in Debt!

The World is in Debt!

The world is in debt. The April 2018 International Monetary Fund (IMF) Fiscal Monitor reported global debt has reached a historically high level. In 2016, debt peaked at 225 percent of global gross domestic product (GDP) (the value of all goods and services produced...
Here We Come A Tax-Reforming!

Here We Come A Tax-Reforming!

The reconciliation of Congressional tax reform bills proceeded apace last week, and Congress is expected to vote on the measure early this week. If tax reform passes, Dubravko Lakos-Bujas, head of U.S. equity strategy with JPMorgan, thinks we may see value stocks...
Should You Worry About Interest Hikes?

Should You Worry About Interest Hikes?

Should You Worry About Interest Hikes? Last week’s U.S. employment report was better than expected. The United States added 235,000 jobs in February, which was a few more than economists had forecast. It may seem counterintuitive, but the positive economic data helped...
Employment & Probability of a Fed Rate Hike

Employment & Probability of a Fed Rate Hike

Statistics means never having to say your certain… and that was certainly true last week. The employment report, which was released on Friday, was a bit short on jobs. Analysts had predicted employers would add about 162,000 new jobs during May, according to...