Dollar suffers further losses as Fed fails to inspire

The dollar suffered fresh losses on Thursday as Asian investors followed their New York counterparts in shifting out of the unit, unmoved by another interest rate hike and an upbeat assessment of the world’s top economy. The greenback sank after the much-anticipated central bank meeting, which provided little to excite buyers, despite tentative hopes US lawmakers… Please follow and like us:

Read More

Obamacare replacement bill, French elections bugging stocks

WASHINGTON, May 4, 2017 – Drum roll, please. House Republicans seem to think they have the votes Thursday to pass their latest version of “Obamacare Repeal and Replace,” whatever that means these days. The problem with dismantling this overreaching legislative debacle, put in place years ago exclusively by Democrats, is the original Obamacare’s complexity and deliberate… Please follow and like us:

Read More

Stocks Soar As Consumer Confidence Grows

According to the conference board, consumer confidence is at a 16 year high. Many stocks have gone up today after the release of the report. Will this confidence last after the failure to repeal Obamacare? As stocks go up gold takes another beating….

Read More