Tag Archive: trump

More Symptoms of Economic Trouble

Today, the Institute for Supply Management reported that its manufacturing purchasing managers index fell in February to the lowest level since November 2016. Not coincidentally, it is not the only economic indicator to decline to the lowest levels since that time. Could this mean more symptoms of economic trouble? Of course, November 2016 was when Donald J. Trump was elected President in a victory that caught many off-guard. Since he has been in office, Trump has enacted significant legislation. His administration has performed significant deregulation,... Continue Reading

How About 55% Declines for Stocks?

Love him or hate him, President Trump has accomplished a great deal in his first two years in office. Stocks are near record highs, unemployment is near a 50-year low and the economy is seeing real growth. Trump, who has never been one to shy away from voicing his opinions, and he recently tweeted: ‘Had the opposition party (no, not the Media) won the election, the Stock Market would be down at least 10,000 points by now. We are heading up, up, up!’ – President... Continue Reading

The War on Rates

The stock market has had another trying week, as the Dow Jones Industrial Average dropped some 900 points in a span of just two days. There are certainly a number of headwinds currently at play, including the ongoing war on trade, a stronger dollar and various geopolitical issues. Without question, however, the primary catalyst for this week’s stock selling appears to be the notion of higher interest rates. The Fed and its plans to normalize monetary policy have been the topic of significant debate in... Continue Reading

Are Hikes Beginning to Hurt?

The subject of the Fed and its plans to continue with gradual rate hikes has been the topic of considerable debate in recent months. Thus far, the central bank has stuck to its guns and moved ahead with more hikes. In fact, the central bank has another hike planned before the end of the year and currently has three more penciled in for next year. It’s no secret that the Fed has drawn some criticism. Even President Trump has weighed in on the issue. The... Continue Reading

Back to Business

With the Labor Day Holiday weekend now in the rear-view mirror, investors will likely look to get back down to business as the month of September gets under way. With increasing trade volumes may also come an increase in market volatility. Investors appear to have gotten quite complacent in recent months as stocks have treaded water not far from previous all-time highs. This complacency, however, could lead to a significant market decline if a bearish catalyst gets the ball rolling. A primary area of concern... Continue Reading

The Risk of Recession is Rising

The gold market has been quiet as a lack of any fresh, bullish catalysts combined with low summer trading volumes takes a toll. Despite higher stocks, a stronger dollar and a robust appetite for risk, however, the yellow metal could potentially find a bottom any time now. Although current market dynamics may not be seen as being bullish for gold, those very dynamics that are currently weighing on gold could potentially change, and change quickly. Underneath all of the current economic optimism, risk appetite and... Continue Reading

Will The Fed Provide More Clarity?

The Federal Reserve is set to complete its latest policy meeting on Wednesday afternoon. Although no action is expected from the central bank at this meeting, the markets are expecting the bank to reiterate its previous stance. The next action from the Fed is very likely to occur in September, with another possible hike later in the year. Some have recently, however, called into question the need for another two hikes this year. Recent data suggest that the U.S. economy is humming along nicely, and... Continue Reading

Now is Not the Time to Be Complacent

Stocks continue to show signs of strength, and market volatility remains quite low. Investors seem quite confident in the market and the economy, and appetite for risk remains robust. Given the relative calm that has been seen for some time now, many investors are likely growing too comfortable in the market’s ability to keep moving higher. It is times just like this when the market could decide to deliver a jolt to overly optimistic investors. Now is not the time to be complacent. Although the... Continue Reading

Things Could Get Dicey

Global markets have exhibited a large degree of calm in recent weeks. That prevailing sense of calm, however, could potentially be hit by some tidal waves in the week ahead. Over the next several days, there are several major issues that have the potential to be market-moving. Over the weekend, the G7 meeting in Canada could make a splash as tensions are running high over global trade. The issue of global trade and the potential for a significant trade war have been a major source... Continue Reading

A Double Whammy

The gold market is seeing some strong upside on Thursday as geopolitical risks and the Fed both fuel buying. In a move that was far from a surprise, President Donald Trump has officially cancelled the upcoming summit with North Korean leader Kim Jong Un. “I was very much looking forward to being there with you,” Trump said in the letter to the North Korean government. “Sadly, based on the tremendous anger and open hostility displayed in your most recent statement, I feel it is inappropriate,... Continue Reading