Since the 2008 economic crisis, obtaining higher returns only through traditional investments (SPY) (SPX-INDEX) (IVV) has become quite difficult.
The October 2017 jobs report showed the unemployment rate declining to 4.1% and 261,000 jobs added. Corporate earnings have also shown impressive growth this year.
The Fed’s outlook could be a hawkish twist to the current monetary policy scenario. If the economy accelerates, the chance of faster rate hikes improves.
The ADP January jobs report, which offers insight into employment trends, was published on January 31.
The Conference Board CEO Confidence Index was reported to have increased from 59 in the third quarter to 63 in the fourth quarter, which means 63% of the respondents have a positive outlook.
The Conference Board LEI is expected to use only forward-looking indicators in its economic model, but there’s one exception to this condition.
The S&P 500 Index closed 2017 ~19.4% higher and is on track for further gains, backed by tax cuts and impressive corporate performances.
Non-defense core capital goods exclude aircraft and defense purchases and are a proxy for spending by industries.
Financial markets were relieved after President Trump’s State of the Union address. Global markets rebounded from steep declines on Tuesday.
In his first State of the Union speech, President Trump didn’t have any surprises for the markets. Financial markets were anxious before the speech.
The US Bureau of Economic Analysis’s recently released advance estimate for 4Q17’s GDP indicates that the US economy grew 2.6% during the quarter, considerably lower than 3Q17’s growth of 3.2%. While…
The US Bureau of Economic Analysis released its advance estimate for the US GDP (gross domestic product) in 4Q17, estimating that the US economy grew at a rate of 2.6%.
Multiple factors drove the yen higher last week, but the major factor was the hawkish statement from the Bank of Japan.
The British pound (FXB) posted its sixth consecutive weekly gain against the US dollar last week, which ended January 26, 2018.
The S&P 500 index (SPY) posted solid gains last week, helped by impressive earnings reports and a well-received speech by President Trump at Davos on January 17.
The global markets trended higher in the week ended January 26, 2018, despite confusing messages from global leaders at Davos and the central banks of Europe and Japan.
Digital assets based on DLT (distributed ledger technology) allows users to initiate and verify their own transactions without any central authority such as banks.
Shorting of bitcoins is currently done through unregulated exchanges. However, given bitcoin’s huge volatility, shorting becomes a risky affair.
Blockchain technology holds a lot of promise due to its many advantages such as transparency, faster transactions at lower costs, and a reliable system.
The founders of bitcoin have set a limit of 21 million bitcoins that can be mined over a period of time. Of those, 16.8 million are already in circulation.