Tag Archive: economic outlook

Lower Rates Are on the Way

It’s no secret that the U.S. and global economies have hit some major bumps in the road in recent months. The ongoing U.S./China trade war is having a measurable impact on the economies of both nations, and thus far the war on trade appears set to continue for some time. The U.S. also last week announced a five percent tariff on Mexican goods to begin June 10th. Those tariffs are set to increase until Mexico takes action to stop the flow of illegal immigrants along... Continue Reading

Economy Looks Strong, But Looks Can Be Deceiving

Despite some recent bumps in the road, the economy has likely appeared to be fairly strong to the average onlooker. Looks can be deceiving, however, and perhaps the economy is not quite as strong as many have been led to believe. Look to the Experts Although there are many critics out there, some opinions may potentially carry more weight than others. When a former Fed Chairman speaks, it might be wise to listen. According to a recent article from MarketWatch, former Fed Chairman Alan Greenspan... Continue Reading

Could Crude Oil Be The Next Major Bullish Catalyst For Gold?

The decline in crude oil prices this past year was the subject of many financial media headlines and stories. After trading as low as the mid-thirties per barrel last winter, the oil market has come back, but not without some ups and downs. With several of the world’s largest oil producers possibly getting ready to implement a production freeze or even a production cut, black gold could potentially see further upside from current levels. In fact, the oil market could potentially rise substantially from current... Continue Reading

BOE Takes Action

The Bank of England yesterday took some preliminary measures to boost economic activity following the nation’s June 23rd vote to exit the European Union. These measures included an interest rate cut from .5 to a record low .25 percent along with some $10 billion in corporate bond purchases and $60 billion in government debt. And there may very well be more to come… While stocks were heavily sold-off initially following the Brexit vote, they have come roaring back, with some indices reaching fresh all-time highs.... Continue Reading

GDP Outlook Slashed

Investors have been cautious this week ahead of Wednesday’s latest FOMC meeting announcement. With no major surprises, the central bank elected to hold rates steady-at least for now-and eluded to the possibility of another rate hike in September. Kind of like kicking the can down the road… The Fed discussed improving conditions in the labor market and stated “Near-term risks to the economic outlook have diminished.” In other words, markets have recovered from the post Brexit freak out-for now anyway. The Fed has left the... Continue Reading