Markets Reach New Highs, But Why?

Markets Reach New Highs, But Why?

Thursday the Dow hit its 7th straight record close, despite the news that Special Counsel Mueller has impaneled a grand jury in the Russia election tampering probe. While many are attributing the market’s gains to president Trump’s administration, this divergence calls that into question. As does the reality that President Trump’s approval rating has hit new lows with disapproval ratings reaching new highs while the market has continued to rise.

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Once Again the Fed Overestimates the Strength of the US Economy

Once Again the Fed Overestimates the Strength of the US Economy

Looking at the moves in the stock market, one would likely think all is right with the world and the US economy is back on track after bobbing and weaving around 2 percent GDP for much of the last several years. That is until we got the most recent reading on the health of the […]

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Falling Prices

Looking out into the future, markets and economies will driven in large part by falling prices in a few major areas: Falling Oil Prices Crashing Prices and Excess Capacity in Commodities Diverging Monetary Policies and the Strong Dollar Falling Oil Prices Last week oil fell to $36/barrel, going below $40 for the first time in six years. […]

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