Real Estate, Stock Market, Business and Economic U.S. Market Trends in 2018

At FAS CPA & Consultants we are committed to bring extra value to our current and prospective clients. This year, we are including a new feature in our blogs – quarterly reports to investigate, digest and present the economic, investment and real estate market trends in 2018. If you haven’t yet subscribed, now would be a… Please follow and like us:

Read More

Asia markets extend rally as Hong Kong eyes record

Asian traders continued their blistering start to the year on Monday with most markets rising and Hong Kong within spitting distance of its record high, while the euro extended its gains against the dollar. Wall Street once again provided a strong lead on the back of optimism about corporate earnings in light of Donald Trump’s tax… Please follow and like us:

Read More

China’s US surplus jumps as trade with world picks up

China’s trade surplus with the United States expanded last year, raising the possibility of fresh blowback from President Donald Trump who has often bashed Beijing over the issue and fanned fears of a trade war. The increase came despite a tumble in China’s global surplus as domestic demand spurred a rally in imports. The figures on… Please follow and like us:

Read More

In A “Synchronized” Global Economy, China’s Numbers Are Worrisome

In a January 10 research piece, Capital Economics points to key dots that are not often connected, which is nothing new for the independent research provider. In a global economy, historically geographic regions have exhibited a degree of noncorrelation. For hundreds of years, the economic ripples occurring in China were gently felt in the US. But… Please follow and like us:

Read More

Pickups, SUVs and crossovers dominated strong auto sales in 2017

Robot vehicles might rip apart the business model of the car industry in the coming years, but for now, automakers are still selling lots of cars and light trucks. U.S. sales for 2017 are expected to come in at 17.2 million vehicles, to be adjusted slightly up or down this week as more companies report their… Please follow and like us:

Read More

10 Data Points Investors Should Be Watching Now: JPMorgan’s Kelly

There are multiple economic and financial numbers investors can monitor in 2018 to get a sense of the market environment. David Kelly, chief global strategist for JPMorgan Funds, offers his own list of the top 10 data points he recommends investors watch this year. In his inaugural weekly note for 2018, Kelly says the list is… Please follow and like us:

Read More

Donald Trump signs tax cuts into law, also signs bill to keep government open

President Trump signed a hard-won $1.5 trillion tax-cut bill into law Friday, also signing a temporary funding bill to keep the government open and a $4 billion missile defense bill. Mr. Trump signed the measures at the White House shortly before departing for Florida for the Christmas holiday. The most sweeping tax overhaul in decades cuts… Please follow and like us:

Read More

Foreign Stock Markets Seen as Hot Investment in 2018

A confluence of global synchronized growth, accommodative money policy and positive political reform in Europe should lead to continued double-digit returns for foreign equities in 2018, according to the Northern Trust CIO Bob Browne. “We feel positive on European growth, Abenomics is certainly working in Japan, and we’re not expecting a hard landing in China,” Browne… Please follow and like us:

Read More

Investors look to 2018 for increased growth as the IPO market returns to pre-crisis level highs in 2017

– By deal number, 2017 is the most active year for global IPOs since 2007- IPO activity in all regions up double digits; Asia-Pacific dominates global activity- 2018 outlook: IPO activity levels expected to rise with a busy year ahead and mega deals on the horizon LONDON, Dec. 12, 2017 /PRNewswire/ — Global IPO activity surged… Please follow and like us:

Read More

South Korea’s per-capita GDP to top $30,000 in 2018: Goldman Sachs

South Korea’s per-capita gross domestic product (GDP) is expected to surpass $30,000 in 2018 on brisk exports of chips and other positives, Goldman Sachs said Tuesday. “Unless there is any big change in South Korean and global export conditions, South Korea’s per-capita GDP will likely break the $30,000 level next year for the first time,” Goldman… Please follow and like us:

Read More

Commentary: Time for China, Japan to Join ‘Developed’ Nations at WTO

By Robert Romano China ($11.2 trillion) and Japan ($4.9 trillion) combined make up 21 percent of the world’s Gross Domestic Product, according to the World Bank, having benefited from preferential treatment in global trade deals, and are still being treated as “developing” nations under world trade rules. At institutions such as the World Trade Organization (WTO),… Please follow and like us:

Read More

Canadians have mixed feelings about free trade with nation: Report

Canadians see both opportunities and challenges associated with a possible Canada-China Free Trade Agreement (FTA), according to the results of public consultations by the Canadian government. Canadians recognize the significant opportunities for Canadian businesses and consumers offered by the Chinese market, and the importance of China for the future of the global economy, according to a… Please follow and like us:

Read More

Global GDP growth forecast at 3% in 2018: Conference Board

NEW YORK – After exceeding expectations in 2017, the global economy is projected to carry forward its current momentum to generate a 3 percent growth rate through 2018, the Conference Board said in its latest Global Economic Outlook 2018 on Monday. “Global growth has finally left the starting gate since the global economic and financial crisis,”… Please follow and like us:

Read More

Qatar investigates UAE plan to devalue its currency

Qatar has opened an investigation into claims of an alleged plot by the UAE to weaken its currency in the early stages of the Gulf diplomatic crisis, according to a government spokesman. Qatar was alerted to the issue in July and re-examined it following recent media reports, said Sheikh Saif bin Ahmed Al Thani, director of… Please follow and like us:

Read More

US Fed chief: a central banker who can make markets tremble

The head of the US central bank, due to be named Thursday afternoon by Donald Trump, holds vast sway over the global economy, and can make markets tremble with the slightest comment. Trump is expected to name current Fed Governor Jerome Powell, who has the advantage of being a Republican like the president, to replace Janet… Please follow and like us:

Read More