Cheering Growth.

July 30, 2018

The growth numbers for the U.S came in Friday and it was as a whopping 4.1%. The number exceeded expectations, or did it?

Bumbling Stumbling Market.

July 27, 2018

The day started with the news that Facebook had set a record. A record that most would not wish to have, the single largest fall by a stock in American history.

All Hail Trump.

July 26, 2018

Looks like Trump got his way with trade relating to Europe. Both Trump and the EU’s Juncker agreed to work towards eliminating trade barriers and Trump agreed not to tax cars whilst the detail is being worked.

Aid for All.

July 25, 2018

One can now understand why Trump was so keen to exit the WTO or at least cause dissension.

Trumpeting Again.

July 20, 2018

Hardly a day passes by without Trump saying something that is somewhat controversial. Today was no different with Trump chastising the Federal Reserve and Jerome Powell for raising rates.

Let’s Party ‘Til 2024!

July 19, 2018

That’s what Larry Kudlow, Trump’s economic adviser said today. Well, at least he said no recession on the horizon to 2024.

With Friends Like These …

July 17, 2018

I must be reading an Orwellian novel, at least a revamp of the fabulous book 

Someone lost the Dummy!

July 6, 2018

Markets were somewhat roiled today by comments out of the ECB. Guess what, the ECB may now no longer be a captive buyer.

We all need a holiday.

July 4, 2018

Markets in the U.S. closed early in anticipation of the 4th July Holiday. In fairly light trading, the equity market slipped and bonds rallied.