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Does Fed, market complacency make you nervous?

Does Fed, market complacency make you nervous?

“The U.S. economy is the star economy these days,” Fed chair Jerome Powell told the House Budget Committee today, November 14. “There is no reason to think that I could see that the probability of a recession is at all elevated at this time.” “Our forecast is, and our...
Tariff roll back or not? Markets certainly don’t know.

Tariff roll back or not? Markets certainly don’t know.

The uncertainty extends even to whether or not a Part 1 trade deal between the United States and China will even get signed in 2019. Yesterday, China’s Ministry of Commerce spokesman Gao Feng said negotiators had “agreed to remove additional tariffs in phases as...
The Fed interest rate pause that …

The Fed interest rate pause that …

Distresses? Refreshes? Isn’t important? Today, as expected the Federal Reserve cut the benchmark interest rate for the third time this year. The Fed lowers its benchmark rate 25 basis points to a range of 1.5% to 1.75%. At the same time the Fed signaled that it...
Implications of McDonald’s earnings miss

Implications of McDonald’s earnings miss

On October 22 McDonald’s (MCD) reported third quarter earnings of $2.11 a share. That was a big 11 cents a share below Wall Street expectations. Revenue of $5.43 billion for the quarter was up just 1.1% year over year and $40 million below Wall Street consensus....
Market soars on “news” of U.S.-China trade war truce

Market soars on “news” of U.S.-China trade war truce

We’ve been here before. We’ve had other days and other rallies on news, rumors, speculation that the U.S. and China would reach some kind of deal that amounts to a truce in the two countries’ trade war. We been disappointed in that story before when...
It’s a ping pong market over U.S.-China trade talks

It’s a ping pong market over U.S.-China trade talks

Overnight financial markets tumbled on fears that U.S.-China talks to end their trade war were looking at failure. Today stocks are up again as hopes for a so-called “mini-deal” have advanced as China signaled that it might be open to such a limited deal,...
Adding Taiwan Semiconductor Manufacturing to JubakAM.com Special Report 10 Long-term Picks for a Short-term Market as Pick #6 and to my long-term 50 Stocks Portfolio

Adding Taiwan Semiconductor Manufacturing to JubakAM.com Special Report 10 Long-term Picks for a Short-term Market as Pick #6 and to my long-term 50 Stocks Portfolio

It’s hard to get a handle on exactly how big the market called the Internet of Things will be. Bain Capital sats $520 billion by 2021. McKensey, another consulting company, says $11 trillion by 2021. The huge difference is a result of 1) what these...