Video Length: 00:04:02 U.S.-China trade tensions, potential Syria strike keep investors on edge Volatility continued to rattle markets the week of April 9, Eibel said—but broadly speaking, major indexes were trading higher than the previous week, with the S&P 500® Index up roughly 2% as of mid-morning on April 13. “There are still plenty of…
Even though the economic expansion has been going on for 9 years, we’re still discussing the economic problems millennials are facing. The biggest reason for this is because student loan debt doesn’t go away with improvements in the economy. It’s disconcerting to see millennials doing poorly in an economic expansion because they will be hurt even more…
Take your pick of the headline chaos today – from China (delaying deals), Comey (book bullshit), Rosenstein (recusal and rumors of being fired), Mueller (no fucking idea), Syria (US moves another ship into Med, Syria threatens response), and Russia (proof UK was responsible for chemical attack); to Fed speakers (worried about the yield curve’s flattening)…
Today was a surprisingly sleepy trading day. The weather was pushing 80 degrees here. Perhaps people were lured away from their offices to enjoy the outdoors. I know that I was. All of the tensions that have been causing markets to gyrate are still there, if but forgotten for a day. Let’s see what the…
There is a significant labor shortage in our country today primarily due to the retiring baby boom generation and compounded by Teens choosing to stay in school longer than ever. The Wall Street Journal recently reported that matching every unemployed person in the Midwest to a job would still leave 180,000 unfilled jobs. In spite of record demand for…
After selling off aggressively in the front of the week, USD/CAD rebounded as it became clear that no deal will be made at the NAFTA summit in Peru. According to President Trump, a deal is close and the U.S. concession on regional auto content puts them one step closer to an agreement. Mexico thinks a…
Facebook co-founder Mark Zuckerberg endured five hours of questions in the US Senate on Tuesday, at one point conceding what’s probably inevitable: tighter government oversight of social media in general and his firm in particular. “My position is not that there should be no regulation,” he said, trying to get in front of what appears…
What happens if you mix government and the digital revolution? The answer is Chapter 2 of the April 2018 IMF publication Fiscal Monitor, called “Digital Government.” The report offers some striking insights about access to digital technology in the global economy and how government may use this technology. Access to digital services is rising fast in developing countries,…
A “Typical” Correction? A Narrative Fail May Be in Store Obviously, assorted crash analogs have by now gone out of the window – we already noted that the market was late if it was to continue to mimic them, as the decline would have had to accelerate in the last week of March to remain…
