According to Sentier Research, median household income in the United States rose to $62,685 in August 2018, a 0.4% increase over its July 2018 estimate of $62,450. The following chart shows the nominal (red) and inflation-adjusted (blue) trends for median household income in the United States from January 2000 through August 2018. The inflation-adjusted figures are presented in terms…
According to Sentier Research, median household income in the United States rose to $62,685 in August 2018, a 0.4% increase over its July 2018 estimate of $62,450. The following chart shows the nominal (red) and inflation-adjusted (blue) trends for median household income in the United States from January 2000 through August 2018. The inflation-adjusted figures are presented in terms…
All eyes were on the Federal Reserve Bank last week. As expected, they confirmed a September Fed rate hike – the eighth since December 2015 . This 1/4 point increase brings the Fed Funds rate to 2-2.25%. Even after such a dramatic move higher from the zero-bound level, the rate is still very accommodating to…
All eyes were on the Federal Reserve Bank last week. As expected, they confirmed a September Fed rate hike – the eighth since December 2015 . This 1/4 point increase brings the Fed Funds rate to 2-2.25%. Even after such a dramatic move higher from the zero-bound level, the rate is still very accommodating to…
Oil prices continue to rally. “We are moving into a world where you have lower inventories, lower spare capacity and less protection for buyers,” says John Driscoll, chief strategist at JTD Energy Services. “So $100 a barrel has become more likely, whether we get there or not, it might be a little early to say,” he…
Oil prices continue to rally. “We are moving into a world where you have lower inventories, lower spare capacity and less protection for buyers,” says John Driscoll, chief strategist at JTD Energy Services. “So $100 a barrel has become more likely, whether we get there or not, it might be a little early to say,” he…
Gold prices ended Monday’s session down $3.45 an ounce, pressured by a firmer dollar and keener risk appetite in the world marketplace. The dollar has been supported by expectations the Federal Reserve will continue to raise interest rates. U.S. stock indexes and bond yields jumped at the start of the week on news of a…
Gold prices ended Monday’s session down $3.45 an ounce, pressured by a firmer dollar and keener risk appetite in the world marketplace. The dollar has been supported by expectations the Federal Reserve will continue to raise interest rates. U.S. stock indexes and bond yields jumped at the start of the week on news of a…
USD/JPY 4 hour Source: Admiral Markets MT5 with MT5 USD/JPY motive wave – Accessed 2 October 2018 at 5:00 AM GMT The USDJPY currency pair is making a small consolidation zone at the -100% Fibonacci target near 114, which is a new decision zone for a bullish breakout or a bearish bounce. The candlestick patterns will confirm the immediate direction, but ultimately, the trend remains bullish…
USD/JPY 4 hour Source: Admiral Markets MT5 with MT5 USD/JPY motive wave – Accessed 2 October 2018 at 5:00 AM GMT The USDJPY currency pair is making a small consolidation zone at the -100% Fibonacci target near 114, which is a new decision zone for a bullish breakout or a bearish bounce. The candlestick patterns will confirm the immediate direction, but ultimately, the trend remains bullish…
