What has Happened to Trump Trade?

On November 8, 2016, America elected a new president. That the choice was Donald Trump created tremendous controversy in political and social circles, but economic markets rallied around the news. The message that the Trump campaign brought to the people resonated far and wide. Make America Great Again is more than a catchphrase, it is an undertaking to drain the swamp, bring industry back to the United States, repair healthcare, cut taxes, and boost the military. These ambitious undertakings have ...

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Wall Street

How Long will the Wall Street Rally Last?

2017 is now well underway and equities traders on Wall Street could not be happier. The Dow Jones Industrial Average has broken through the critical 21,000 resistance level and by 1 March was trading at 21,073.70. Not to be outdone, the S&P 500 index is hovering around 2,384, while the NASDAQ composite index is holding steady at 5,876. These numbers are significant in many ways. For starters, the Dow is trading at record levels. Over the past 1 year, the premier blue-chip index – the Dow 30 ...

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Is Low Unemployment Good For the Stock Market?

When the unemployment rate is very low, it is often due to the economy doing very well. In fact, very low unemployment often translates to already high stock prices and for investors buying at that particular stage in the cycle is often detrimental to their portfolio returns. What we know about the stock market is prices are dependent on the business fundamentals, meaning what the business has done since its inception in addition to the future opportunities and future profits. As North American investors ...

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Public Perception Fuels Economic Trends

Economic analysts use a number of metrics to determine the health of financial markets. Depending upon the area investigated, the data includes spending trends, outstanding debt, import/export balance and a host of variables specific to various economic sectors. While each of the measurements furnishes insight into financial health, consumer confidence is one of the most accessible indicators, providing a broad understanding of public perception. The way people feel about money and their financial ...

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