Tourism intrigues me in economic terms, because it’s a larger industry than many people realize. It’s also treated as an export industry, in the sense that if a German tourist comes to the US, the spending is essentially in economic terms an export of “services” produce in the US and consumed by a non-American–even though…
Note: The NYSE has suspended their NYSE Member Firm margin data as of December 2017. We have replaced our Margin Debt data with FINRA data, which includes data for all firms, not just NYSE member firms. The New York Stock Exchange previously published end-of-month data for margin debt on the NYX data website, including historical data going…
Here is the article used in today’s video: The Dollar’s Fast Decline And Silver’s Acceleration To $500 Or More
Shares of Fitbit (FIT) are falling after a Morgan Stanley analyst downgraded the stock citing struggles to stabilize revenue and a resumption of cash burn. ANALYST DOWNGRADE: On Monday, Morgan Stanley analyst Yuuji Anderson downgraded Fitbit to Underweight from Equal Weight and lowered his price target for the shares to $4 from $5. New smartwatches…
Oil prices held onto gains made during the Asian trading session on Monday afternoon in London, bolstered by a decline in U.S. production that was reported at the end of last week. On Thursday Baker Hughes announced that the number of U.S. active drilling rigs fell by seven last week, to 797. Oil prices were…
In the last trading session, U.S. stocks climbed as technology stocks regained momentum. Among the top ETFs, investors saw (SPY – Free Report) gain 1.39%, (DIA – Free Report) rise 1.31%, and (QQQ – Free Report) move higher by 1.83% on the day. Two more specialized ETFs are worth noting as both saw trading volume that was far outside of normal….
“Every time you get late-cycle going into the front-end of a recession, you have a massive rally in commodities.” “Inflation is Inflationary” Steve Blumenthal, CIO and Executive Chairman of CMG Capital Management took notes at John Mauldin’s 2018 economic conference. He presented his notes in Jeffrey Gundlach, “Inflation is Inflationary”. Blumenthal’s opening snip caught my attention….
AR/VR startups raised a record over $3.6 billion from VCs and corporates in the last 12 months to the end of Q1 2018. Over three-quarters of a billion dollars was invested in the first 3 months of this year alone. A fundamental transition in the fundraising market towards AR from VR, as well as the…
Well that re-escalated quickly… All major US equity indices are now negative for the year…
