Odds for a Fed interest rate cut don’t move much overnight–but that’s because a huge move has already happened
The Federal Reserve's announcement that it would hold interest rates steady for 2019, that it would end its program to wind down the size of its balance sheet by $50 billion a month in September, and that it projects the economy will grow by just 2.1% in 2019 instead...
I’m selling Exxon Mobil out of my Dividend Portfolio as part of my annual portfolio rebalancing
I'm part way through the annual rebalancing of my Dividend Portfolio (with other portfolios to follow.) The initial stage of that process requires a close look at which of the stocks in the portfolio I'd like to keep for another year (based on their prospects for the...
The Fed’s increased worries don’t scare Goldilocks markets
Today, March 20, the Federal Reserve left benchmark interest rates at the current 2.25% to 2.5% range at the meeting of the Open Market Committee, but cut its forecast for U.S. economic growth in 2019 and voiced concern about slowing consumer and business spending....
Too much China noise and not much actual news
“Talks with China are going very well,” President Donald Trump said yesterday, March 19, at a press conference on Tuesday. Well, probably not. But who really knows. Which is making global financial markets rather twitchy. Yesterday a Bloomberg report the China was...
Is this the Trump administration’s economic wish list?
It's an extraordinary report--even if it's not clear what the Trump administration intends to do with it or about it In a report released today, March 19, President Trump's Council of Economic Advisers said that the U.S. economy would be unlikely to reach the 3%...
Dollar General is #10 (and last) pick for my Special Report: 10 Picks for the Earnings Recession–and I’m adding it to my Jubak Picks Portfolio
At a moment when all of brick and mortar retailing can seem to be suffering, Dollar General (DG) has announced that it will open 975 new stores in 2019 and remodel 1,000 existing stores. For 2019 capital expenditures are projected at $775 million to $825 million or...
It’s a FOMO market
"Fear of missing out" is driving this stage of the market rally. Fund managers were under allocated to equities at the start of the year and are now playing catch-up with the indexes. And since the consensus is that the Federal Reserve has the market's back, there's...
Is the Fed on hold of all of 2019? Market and economists differ ahead of Wednesday meeting
According to a Bloomberg survey of 32 economists, the Federal Reserve will remain on hold until September. Then it will raise interest rates one final time. And that will bring an end of the recent cycle of interest rate increases. The financial markets beg to differ....
Notes You Need for March 18: Brexit, Beyond Meat, Prada and China, Dollar General, Barrick Gold’s uncertainty, Macao gaming slows, FIS acquisition
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don't justify a full post. I've decided to start compiling these notes here each day in a kind of running mini blog that I'm calling Notes...After sliding to April, has Trump-Xi trade meeting slipped to June?
Over the weekend the South China Morning News reported that the proposed meeting between President Donald Trump and President Xi Jinping to sign an agreement ending the U.S.-China trade war may now be pushed back to June. That meeting had originally been scheduled for...
Trick or Trend: If there’s a lack of liquidity, what does that mean for financial markets?
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Sunday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. An...Download Jim’s eBook for Free
