Mid Term
What if China actually welcomes the Trump administration’s tariffs?
China trade hardliners in the Trump administration, such as advisor Peter Navarro, have predicated their tariff campaign against China on the theory that hiking tariffs on more than $500 billion in Chinese exports to the United States (as proposed at the moment) will...
U.S. trade deficit climbs in July, deficit with China hits a record
Today, Wednesday September 5, the Department of Commerce reported that the U.S. trade deficit climbed to $50.1 million in July. (Economists surveyed by Bloomberg had projected a deficit of $50.2 billion.) That was up from $45.7 billion in June and the largest increase...
Special Report Update: 10 Best Stocks in 10 Sectors (Finally all 10 picks)
Sorry getting all 10 picks up took so long. But this Special Report is finally done. I've been arguing for months--and in two previous Special Reports that you can find on the JubakAM.com home page, "How to Invest in a Late Cycle Market" and "5 Place to Hide in this...
A bad day for European currencies
The pound is down today against the dollar on Brexit fears. And the euro is also lower against the U.S. currency on a surprise slump in German economic growth. Not good news for U.S. exports to Europe (which get pricier as the pound and euro fall) or for a global...
Is 10-year yield above 3% finally here to stay? U.S. Treasury raises targets for debt sales in second half of 2018
Yesterday the Treasury Department said that it will raise long-term debt issuance to $78 billion this quarter. That would be an increase from the $73 billion in sales last quarter and the third consecutive quarterly increase. The increased sales of Treasury debt are...
U.S. markets shrug at tariff worries but Asia slumps
U.S. markets shrugged off worries about a more serious U.S.-China tariff war after the Trump administration said it would push ahead with plans to impose 25% tariffs on an additional $200 billion in Chinese imports. That rate is up from an earlier proposal for a 10%...
Special Report: 10 Best Stocks in 10 Sectors (first 4 picks)
This Special Report is under construction. Sorry the process is taking so long. I badly strained my left hand in a fall last week and it's made typing difficult. But all clear now and I 'm pushing ahead with this as fast as I can to complete the full ten picks. I've...
Day ahead of Fed rate decision, inflation comes ion track for September interest rate increase
The Personal Consumption Expenditures price index for June climbed 0.1% at both the headline and core (excluding food and energy prices) levels. That was a tad lower than the 0.2% increase expected by economists surveyed by Briefing.com. (The PCE index is the Federal...
This market’s volatility puzzle–it’s as if investors and traders don’t think risk is climbing in the general market
Facebook (FB) falls almost 20%. Netflix (NFLX) tumbles 14%. Twitter (TWTR) is down 21% on earnings. Intel (INTC) finished today down 9%. And yet the CBOE Volatility Index (VIX), which measures the price that traders are willing to pay to hedge risk VIX, the so-called...
Is a dip in home sales a “canary in a coal mine” for economy?
Existing home sales fell 0.6% month-over-month in June to a seasonally adjusted annual rate of 5.38 million. The consensus among economists surveyed by Briefing.com called for an annual rate of 5.45 million units. The May sales rate was revised down to a 5.41 million...
Global debt hit a record $233 trillion in third quarter of 2017
There's good news and bad news in this analysis from the Institute of International Finance. The good news is that, thanks to growth in the global economy, the ratio of debt to gross domestic product fell for a fourth consecutive quarter in the third quarter of 2017....Jim’s Stock Alerts
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