Why the Summer Looks Safe for Stocks This Year
“Sell in May and go away” echoes are bouncing off the walls this time of year, and it is worth a look where this trend comes from in order to determine where it may…
Economy
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Tax Reform Delay Will Harm US Economy: CEOs
A recent survey of U,S, CEOs by Business Roundtable found 90% believe that delaying tax reform will harm the U.S. economy.
As FOMC Holds Rates Steady, Views Remain Strong on Jobs Ahead of Friday’s Labor Report
Despite the Federal Reserve keeping its target fed funds rate on hold at a target range of 0.75% to 1.00%, all eyes are waiting for Friday’s key employment report from the Labor Department. Janet…
State Department Warns on European Travel, Threatening Summer Tourism
This year, summer vacation travel from the United States to Europe could be undermined by alerts from the U.S. State Department.
Why a Weak GDP Report Matters to Bulls & Bears Alike
Investors should keep in mind that first-quarter GDP reports have had problems for years, regarding how the numbers are actually calculated and with some seasonal factors.
Over Half of US Counties Had No Murders
More than half of the counties in the United States had no murders committed in the most recent year for which the data are available. Just 2% of counties had about half of all…
Why a Weak Durable Goods Report May Be Ignored
The first quarter of 2017 was marked with strong consumer confidence, solid spending and even better than expected corporate earnings. That did not translate into a very strong durable goods report for the month…
US Finally Free of Major Drought
After years in which California appeared to be a candidate for a century or more of drought, America is finally free of the worst measure of drought.
US Tornadoes Surge Toward Record
There have been 570 tornadoes so far this year, a spike that takes the number well above average. With an increase in unsettled weather, the figure could break the record for tornadoes in a…
10 Points to Consider About the Proposed Trump Tax Plan
The two unavoidable things in life are death and taxes. Depending upon how you view things, there might at least be less of a tax burden under President Donald Trump’s newly proposed tax plan.…
Should Lower Consumer Confidence Act be a Red Flag for Stock Market Bulls?
The past few months have been quite positive for the equity markets. The driving forces include promises of a more pro-business and tax-friendly regime, but one issue that had been acting as a key…
Ocean and Great Lakes Economy Grows Faster Than US Total
Measured by inflation-adjusted GDP, the ocean economy has grown by more than 15% since 2007 compared with a less than 6% increase in total U.S. GDP.
Why France’s Economy Matters So Much: France by the Numbers
Western financial markets got a major boost on Monday morning, as Macron topped Le Pen in the French elections, with a coalition expected to give Macron a formal victory next month.
Being Young Is Not What It Used to Be
The U.S. Census Bureau has released a report on how 18 to 34 year olds today are different from the same age group 40 years ago. For one thing, they're better educated; for another,…
Over 20% of US Corporations at Risk of Default Should Rates Rise — IMF
Special from ZeroHedge While the market has been generally euphoric over Trump’s proposed fiscal agenda (even if in recent weeks it increasingly looks its implementation will be indefinitely delayed), one adverse side effect which…