Saturday Night Quarterback (on a Sunday) says, For the week ahead expect…
... a quiet, holiday shortened week on U.S. markets--with the possible exception of China news. The Thanksgiving calendar, which puts the start of the Federal Reserve's quiet season ahead of the December 11 meeting of the bank's Open Market Committee on Saturday...
Could that be a debt ceiling/budget deal I see?
The White House and congressional Democrats are nearing a deal to raise the debt ceiling for two years and fund the government, CNBC, the Wall St Street Journal and other sources are reporting today. The deal would suspend the debt ceiling limit for two years and put...
Special Report: 10 Best Picks for the Last Six Months of 2019
This isn't  time for investing as usual. As whacky as the first half of 2019 has been--the Federal Reserve embraces interest rate cuts, the U.S. and China descend further into a trade war, the U.S. economy turns in better than 3% growth but fears for a slowdown in...
Saturday Night Quarterback says, For the week ahead expect…
...the data calm before the February 28 data storm. Scrambling to recover from a government shutdown that delayed the collection and processing of economic data, the Bureau of Economic Analysis has announced that it won't release the first report on fourth quarter...
Trick or Trend: Separating the macro movers from the macro noise
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Saturday 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. Of course,...
President Trump to sign spending bill to avoid shutdown but will declare national emergency to secure funding for The Wall
At 3:26 p.m. Washington time Senate Majority Leader Mitch McConnell interrupted a speech by Iowa Senate Chuck Grassley on biofuels to announce that President Donald Trump would sign the deal worked out by the House and Senate to fund nine departments of the federal...
Joint Congressional committee reaches deal to keep government open; market climbs on assumption that President will sign
Congressional negotiators have reached a deal that would avoid another partial government shutdown when temporary funding runs out on Friday. Getting this through both houses of Congress seems likely. President Donald Trump has said he isn't happy with the deal but a...
Saturday Night Quarterback says (on a Sunday), For the week ahead expect…
... investors to get more and more nervous as the clock ticks down to a Friday deadline for avoiding another government shutdown. And although Friday, February 15, is the day that temporary government funding runs out for 9 federal departments and associated agencies...
Why I can’t put away my bear market worries #4: Consumer sentiment is becoming more negative
Most of the recent sentiment surveys show the same result: While sentiment about current conditions--AKA the present--remains strong, sentiment about conditions 6 to 12 months out is sliding in a pessimistic direction. The recent Bloomberg Consumer Comfort index,...
Trump administration economists double estimates of shutdown costs
Yesterday, President Donald Trump' economic advisers more than doubled their estimate of the damage to the U.S. economy by the shutdown of parts of the U.S. government affecting some 800,000 federal workers. The Council of Economic Advisers now calculates the shutdown...
How will the President Trump wild card play out in the stock market this week?
Maybe that should be "wild cards." First, there's President Donald Trump's threat to shut down about 25% of the government on December 22 if Congress doesn't include $5 billion for his border wall in its bill to fund such government units as the Department of Homeland...Download Jim’s eBook for Free
