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Jobless claims rose by 45,000 in the past week, despite increased reopening of the U.S. economy. America may be starting to experience the impact of President Joe Biden’s economy-crushing policies as the nation seeks to rebound from the COVID-19 pandemic. [...]
There are a lot of really good things happening in America right now in response to the Chinese coronavirus crisis. We could highlight a laundry list of altruistic and kind acts that our fellow Americans are undertaking to help us [...]
The economy might finally be pulling out of the doldrums in the US, but it has a long way to go before it recovers. Much of the gains we have seen in GDP and the gains we will see in [...]
Survey Reveals Most Popular Trainer in 2011: Finances over Fitness Health and Wealth. Those are the two most popular New Year’s resolutions. In a survey by Allianz Life Insurance Company respondents were asked which 2011 resolution they are most likely [...]
The markets continue to rally to 52-week highs on the back of very positive earning releases and the impending passage of the tax bill. Shrugging off a downgrade of Spanish Sovereign Debt and a huge earning miss by a major [...]
Spreading Some Market Cheer I hope that you all enjoyed your holidays. Apparently you were in a good mood if the latest retail sales numbers are accurate. Of course the comparisons were to rather dismal numbers last year and even [...]
You know how when you don’t see a particular friend or family member for a while, and you run into them again you can’t believe how different they look or how things about them changed? This happened to me on [...]
Last week retail bell-weather Best Buy (BBY-NYSE) reported disappointing earnings. As the CEO Brian Dunn put it “store traffic is “choppy,” adding that “consumer spending is episodic … It appears that customers are operating on cues from the broader environment.” [...]
“Fed Signals Optimism over US Economy” blared the headline on the Financial Times’ front page this past week. Really? So, why are they also signaling that rates will be held down for the foreseeable future? The two statements just don’t [...]
Fred Hickey: “This is a tough market to navigate. On the one hand the world economy is a mess and completely imbalanced. Half of the world is too dependent on exports (mostly Asia) and the other half (US and parts [...]
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