Category: United States

All SVB depositors will get their funds as US regulators seek to boost confidence

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Authorities in the United States announced a series of emergency measures that could be taken to boost confidence in the US banking system. The authorities are taking these measures to boost confidence in… Continue reading All SVB depositors will get their funds as US regulators seek to boost confidence

Disney Stock Price Falls 3% – Time to Buy DIS Stock?

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Disney (DIS) stock fell 3% yesterday and is now down 4% for the year, underperforming the markets by a wide margin. The stock has lost almost 19% from its 52-week highs and is… Continue reading Disney Stock Price Falls 3% – Time to Buy DIS Stock?

The Clinton Presidency Agenda


According to polls, the race to the White House is over. Clinton has won; Trump has lost. If that proves the case, US economic erosion will slow but imperial foreign policy may escalate, which has critical repercussions in Asia.

The polls reflect the new status quo. Despite her high unfavorability ratings, Clinton now has the support of every second registered voter, whereas Trump, with his high unfavorability ratings, can rely only on every third. As a result, Clinton’s likely voters nationwide amount to 45-50 percent, as against Trump’s 35-40 percent.

Is the U.S. Economic Recovery about to Speed Up?


This Great Graphic was tweeted by Alan Kruger (@Alan_Kruger). Drawing on official data and the Atlanta Fed’s GDPNow tracker for Q2 GDP (2.4%), it shows the current business cycle in the context of a four earlier cycles.

Until now, the recovery from the Great Financial Crisis was the weakest from the post-WWII last four contractions.  However, as Kruger points out assuming that the Atlanta Fed’s GDP tracker is accurate, this dour assessment will no longer hold.  It will surpass the recovery from the end of the tech bubble at the start of the century. 

Trade Balance Expands as Fed Turns Soft


Federal Reserve chiefs are reversing course on America’s economy as the country’s trade deficit widens with foreign nations.  In May, the trade balance deficit rose 9.9% to $41.1 billion, far above expectations as exports fell and imports rose. Total imports were up 1.6% from the prior month, indicating America’s continued dependence on foreign production to meet domestic demand.

U.S. Economy Weakens: GDP Estimates Chopped, Factory Orders Fall


Lower factory orders and a lower growth expectation show cracks in America’s already slow recovery.  Factory orders for manufactured goods fell 1% in May, according to a new report by the Census Bureau. That is a sharp reversal of April’s 1.8% growth for new orders of manufactured goods. Meanwhile, shipments were almost flat, down from the 0.4% increase in April.

Obama Presses for Trade with Mexico, Canada as Jobless Claims Rise


American policymakers are pressing for more trade with Mexico and Canada as more Americans lose their jobs.  Jobless claims rose 10,000 last week, above expectations and a 3.5% jump from the prior week. The Department of Labor study saw more Americans looking for work, causing the four-week moving average of jobless claims to remain steady.

Housing Market Weakness Stings Growth Optimism


Just as the U.S. Government and Federal Reserve are getting more optimistic about America’s growth prospects, new data shows the housing market may be topping out.

Pending home sales fell a shocking 3.7% in May, versus a 1.1% expectation and a sharp reversal from April’s 3.9% jump. The new study by the National Association of Realtors (NAR) saw pending home sales fall on a year-over-year basis for the first time since 2014, as tapped-out Americans struggle against persistent home price growth.

U.S. Economic Growth Improves Despite Plummeting Corporate Profits


Corporations are making less money than they used to, but America’s economic growth gained a bit of ground earlier in the year.  Corporate profits fell 4.3% on a year-over-year basis in the first quarter, according to a new study by the Bureau of Economic Analysis (BEA). Meanwhile, taxes on corporate income rose by $4.4 billion, as a shift towards higher tax industries caused government inlays to improve.