Donald Trump hails economy after first year

President Trump marks his first year in office Saturday riding a wave of strong economic news, including a record-high stock market, a low unemployment rate and computer giant Apple’s decision to bring back hundreds of billions of dollars from overseas and create 20,000 U.S. jobs, spurred by Republican tax cuts. For the past year, Mr. Trump… Please follow and like us:

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Wall Street on Cloud Nine since Trump’s election

The bronze sculpture of a bull that stands near the New York Stock Exchange serves as a symbol of Wall Street’s power perhaps this year more than ever. Since President Donald Trump took office a year ago, the principal US stock indexes have gained by leaps and bounds, hitting a record string of records. “I have… Please follow and like us:

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Trump Rally: The 2018 Sequel? Dow breaks 25,000, heads higher

WASHINGTON, January 6, 2018: During the last two weeks of December 2017, we and our portfolios were essentially out of action. From the looks of it, most investors deserted the field as well, save for a small but intrepid band of tax-loss sellers, shorts and permabears, all of whom enjoyed hammering the market down whenever they… Please follow and like us:

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Dow hits 25,000 points for 1st time on US hiring data

The Dow shot above 25,000 points for the first time Thursday as strong US private-sector hiring data extended a stocks rally already boosted by the recent US tax reform. US stocks opened 2018 in full-throttle bull market mode, bidding stocks up and continuing the succession of records seen last year, especially following the massive tax cut… Please follow and like us:

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Stock market up 25 percent in 2017. Gains to continue in 2018?

WASHINGTON, January 2, 2018: The value of the U.S. stock market as measured by the Dow Jones Industrial Average, has increased more than 25 percent in 2017. As 2018 begins, it looks very much like the bull market will continue, possibly posting a yearly gain possibly similar to that of the year just concluded. Although analysts… Please follow and like us:

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Trump economy: False predictions from the left

ANALYSIS/OPINION: Since the day Donald Trump was elected president in November 2016, the Dow Jones industrial average has risen by some 35 percent, making the last 14 months one of the greatest bull market runs in history. Some $6 trillion of wealth has been created for Americans – which is very good news for the 55… Please follow and like us:

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Trump’s MAGA evidenced in 2017 economy

Those seeking unemployment benefits are down. The stock market has been flirting with an unprecedented 25,000 point milestone. Industry is expanding. All since President Trump took office. So is it cause and effect from his policies? Probably in large part. But that’s both good and bad. ZeroHedge reported the booming economy has triggered a $2 trillion… Please follow and like us:

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Speculative bounceback stocks for 2018: GE and Navient

Please hold. T WASHINGTON, December 29, 2017: Following up on my previous column here are a few more stocks I’d have to label as speculative bounceback stocks. Our previous list included generally well-known, stable companies that might be safer and more reliable bets for a decent bounce back up in early 2018. Read also: Year end… Please follow and like us:

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Anti-Trump, Brexit doomsayers: We were wrong

Historically, it seems, the prospect of a freer economy in which business owners have fewer restrictions and workers keep more of their wages brings out the harbingers of doom. It was no different when British voters chose to leave the increasingly suffocating European Union and Americans elected businessman Donald Trump. Out came the predictions of a… Please follow and like us:

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Asia markets swing as traders focus on Fed meeting

Asian markets swung in and out of positive territory on Wednesday as investors brushed off another record close on Wall Street and looked ahead of the Federal Reserve’s latest policy meeting. The Dow and S&P 500 clocked up another day of all-time highs, lifted by financials ahead of an expected interest rate hike by the Fed,… Please follow and like us:

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It Ain’t Over Till It’s Over: 4 Trends Driving REIT Valuations

It has been an eight-year run for equity real estate investment trusts, returning almost 450% to investors, or roughly 20% per year. The broader equity market has also been on a tear, returning roughly 350% during the same period. Relatively easy monetary policy persists, credit spreads remain tight and the U.S. economic expansion is almost 100… Please follow and like us:

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5 Predictions for the Future of Investing

The CFA Institute recently solicited video submissions about the future of global investing, an irresistible lure to those inclined to share predictions from their “crystal ball.” My submission highlighted five disruptive forces influencing the future of global investing, starting with many people’s favorite topic, artificial intelligence: 1. Artificial intelligence, big data and machine learning will be… Please follow and like us:

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Is now (at a market high) a bad time to invest?

The stock market is on a tear. As the Dow has soared through 20,000 and 22,000 and now past 24,000, you have considered (repeatedly) whether you should have more money in the market. But let me guess: Your next thought is, “Nah, the market is too high. After all, we’re supposed to buy low and sell… Please follow and like us:

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Dow soars as Wall Street bears retreat to their caves

WASHINGTON, November 16, 2017 – After days of battering by resurgent bears, Wall Street’s bulls have returned, at least for the day. The rampaging bears are heading back to their caves to hibernate this morning, as the Dow rockets ahead for a 200 point gain (+.83 percent) as of Thursday noon, ET. Other major averages are… Please follow and like us:

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Sharpe ratios near 80yr extremes

A central theme of Bank of America’s equity analysis this year has been the ‘melt-up’ trade. At the beginning of the year, Michael Hartnett, BAML’s chief investment strategist, wrote in a note to clients that “Our tactical view: after a January/February wobble, we believe stocks & commodities will have one last 10% melt-up in [the first… Please follow and like us:

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