Investors Might Be Underestimating Fed Rate Hikes, Don’t Panic.. Yet

Ever since September 2017 when the US Ten Year note was yielding a year over year low of 2.06%, it has traveled on an epic mean reversion, notching up near 2.55% less than four months later. Don’t worry, however. Capital Economics analyst Oliver Jones thinks that, while the trend might have a little further to run,… Please follow and like us:

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Walmart Joins Bonus Bandwagon with $1,000 Checks

Walmart, the nation’s largest employer, said Thursday it will raise its minimum wage to $11 per hour, expand maternity leave options for workers and give $1,000 bonuses to hourly employees, based on their years of service. The bonus announcement comes as corporations and small businesses prepare for a corporate tax cut and a reduction in taxes… Please follow and like us:

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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:

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Trump Praises Iranian Protesters, Assails ‘Brutal and Corrupt’ Regime

U.S. President Donald Trump praised Iranian protesters Tuesday, saying they were “finally acting against the brutal and corrupt” regime in Tehran, even as Iran’s supreme leader accused the government’s enemies of stirring the violent anti-government demonstrations. Trump contended in a Twitter comment that “all of the money” that his predecessor, former President Barack Obama, “so foolishly… Please follow and like us:

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Paul Krugman: Nobel Prize winner still pitching his discredited Krugmanomics

WASHINGTON, January 1, 2018: Trump Derangement Syndrome can make anyone, even Nobel Prize winners, sound stupid. The day after Trump won the nation’s 45th president, New York Times columnist and Nobel laureate Paul Krugman bold announcement was that the “disaster” of a Trump presidency was full of: “so many aspects that the economic ramifications are way… 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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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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Rising debt for youths in S. Korea

SEOUL – South Korea’s younger generation is facing rising debt while the older generation has less living costs, boosting worries about low birthrate amid an aging population, data showed on Thursday. According to data jointly released by Statistics Korea, the Bank of Korea and the Financial Supervisory Service, householders aged under 30 have an average debt… Please follow and like us:

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Economy Growing At Fastest Pace In More Than Two Years

Last quarter, the U.S. economy grew at its quickest pace since 2015, and the unemployment rate has remained steady at a 17-year low, leaving some economists to question why the Republican tax bill, which will likely only create a small boost, was necessary. The $1.5 trillion tax cut package passed by Congress this week slashed corporate… Please follow and like us:

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President Trump’s 2017 MAGA accomplishments

WASHINGTON, December 18, 2017: President Trump and his administration have generated an amazing number of wins for America and Americans. He is making good on his “MAGA” promise. The President’s lack of previous political experience has made his first-year rocky, to say the least. As Democrats, liberal media and political foes in both parties do everything… Please follow and like us:

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4 Big Signs of a Trump Economic Recovery

The economic numbers clearly have improved on President Donald Trump’s watch, with unemployment down and consumer confidence stronger. “We are just getting started,” @POTUS says. “Economic growth has topped 3 percent,” Trump said Thursday at a White House event while addressing his administration’s reduction in regulations. “Two quarters in a row, except for the hurricanes, we… Please follow and like us:

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Asian traders extend global rally after US jobs data, eyes on Fed

Most Asian markets rose Monday, tracking fresh records on Wall Street following forecast-busting US jobs data, as investors eyed the Federal Reserve’s latest policy meeting later this week. US data on Friday showed 228,000 jobs were created last month and unemployment held at a 17-year low, reinforcing the view that the world’s number one economy is… Please follow and like us:

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Forex Investors Buzz Week Ahead Dec 11 – 15

Forex Investors Buzz Week Ahead Dec 11 – 15 Bank of England will be deciding on monetary policy ECB will deliver its latest monetary policy decision Japan, analysts are eyeing Tankan’s quarterly business condition Next week, the most important event will be the Fed monetary policy decision. The ECB and the Bank of England will also… Please follow and like us:

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US Fed nominee Powell: Case for raising rates in Dec ‘coming together’

President Donald Trump’s pick to lead the US Federal Reserve said Tuesday there is a strong case for raising the benchmark interest rate at the central bank’s December policy meeting. In an unusually direct comment for normally-reticent central bankers, Fed governor Jerome Powell told the Senate Banking Committee, “I think that the case for raising interest… Please follow and like us:

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‘Many’ Fed members favor near-term rate hike: minutes

A majority of US central bankers favor raising benchmark interest rates in the near term, signalling the Federal Reserve is likely to tighten monetary policy next month, minutes from their last meeting revealed Wednesday. But sharp disagreements persist among policymakers over the dangers of inflation and the need to raise rates, according to the minutes of… Please follow and like us:

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