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:

Read More

With tax cuts boosting consumer spending, the U.S. is poised for another good year

Stocks have just accomplished a Houdini – scorching to record highs while escaping volatility. The S&P 500, which accounts for 80 percent of the value of publicly traded U.S. companies, just scored an unprecedented 14 consecutive monthly gains. Investment professionals will tell ordinary folks a year like 2017 simply can’t repeat. Gains will slow or the… Please follow and like us:

Read More

The Next Bear Market Around The Corner?

By TimeMoney.com Get The Full Ray Dalio Series in PDF Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues JoaquinAranoa / Pixabay With the S&P 500’s total return positive for 14 months, some investors don’t think a bear market is… Please follow and like us:

Read More

Bull Market Should Run Another 3 Years: Goldman

Goldman Sachs says the bull market in U.S. stocks should continue for another three years. In its latest market outlook, Chief U.S. Equity Strategist David Kostin is forecasting a 15% gain in the S&P 500 over that period with a target of 3,100 by the end of 2020 and a 7% gain in the index this… Please follow and like us:

Read More

Warren Buffett Won a Decade-Old $1M Bet

Warren Buffett Won a Decade-Old $1M Bet In 2007, Warren Buffett challenged finance professionals in the hedge fund industry to accept a bet that Buffett described in his 2016 letter to shareholders of Berkshire-Hathaway (see p. 21-21): In Berkshire’s 2005 annual report, I argued that active investment management by professionals – in aggregate – would over… Please follow and like us:

Read More

US job gains disappoint, unemployment holds at 4.1%

The US economy’s job creation ability disappointed in December, despite solid hiring in manufacturing and construction, according to government data reported Friday. But with the country believed to be near full unemployment, the jobless rate still held steady at its 17-year low of 4.1 percent. Employers added just 148,000 new hires in the final month of… Please follow and like us:

Read More

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:

Read More

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:

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

Innovative Securities: Higher Risks May Come in 2018

Innovative Securities: Higher Risks May Come in 2018 BUDAPEST, Hungary, Dec. 29, 2017 /PRNewswire/ – We are living in the decade of bullish markets. Because of record returns (and low interest rates) retail money floods the market. What could next year hold for the investors after all this? Innovative Securities’ prognosis tries to answer. In 2017,… Please follow and like us:

Read More

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:

Read More

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:

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

Goldman: Investor Animal Spirits Will Continue To Drive Stocks

As 2017 draws to a close, Goldman Sachs’ Top of Mind research newsletter takes a look back at the trends that have shaped this year in its December issue. The continued bull market has been one of the stand-out trends of 2017. Heading into the year, few analysts were predicting further gains, as President Trump’s mixed… Please follow and like us:

Read More

MS: FAANG Hot Streak Coming To An End

Facebook, Apple, Amazon, Netflix, and Google (Alphabet) have been the market’s top stocks in 2017, but what does next year hold for these tech behemoths collectively known as the FAANGs? According to a recent research note from analysts at Morgan Stanley, collectively the FAANGs have added 4.3 percentage points of market capitalization to the S&P 500… Please follow and like us:

Read More