Industrial Production Up

Stocks struggled for direction yesterday vacillating wildly with investors trying to digest a slew of mixed economic reports, earnings reports, and some good news on trade negotiation between the US and China. The US Census Bureau said that retail sales sank 1.2% in...

slowed to 1.6% from 1.9%

U.S. stocks extended gains yesterday, with the Nasdaq on track to exit bear market territory, after President Donald Trump said he may let a China trade-deal deadline “slide” if the two sides were making enough progress in their meeting this week in Beijing. The cost...

January small-business optimism

U.S. stock indexes closed at their highest levels in 2019 yesterday after lawmakers reached a tentative deal to prevent a government shutdown and as optimism grew over a potential trade deal between the U.S. and China. The number of job openings in the U.S. surged at...

consumer credit has risen

Stocks struggled to find direction yesterday with investors focused on US/China trade negotiations kicking off this week in Beijing. If a deal isn’t worked out ahead of the March 1st deadline tariffs on Chinese goods will increase to 25%. For the first time ever,...

Trade Rules

US Stocks finished mostly unchanged last week with earnings season coming to an end, investors are now focused on trade negotiations between the US and China. Investors are also focused on Washington and the looming second government shutdown possibly starting on...

Friday Trade Jitters

A few details on productivity. The U.S. Labor Department released a few details from its fourth-quarter report on worker productivity. Manufacturing productivity increased 1.3% in the fourth quarter (higher than 1.1% third-quarter growth), while third-quarter nonfarm...