Economy and Government Policy

  • This contrarian indicator says the S&P 500 is set to … Yahoo Finance - Fri, Dec 2, 2016 3:36 AM SGT
    This contrarian indicator says the S&P 500 is set to surge 19%

    Is the S&P 500 about to rise 19%?

  • One narrative will define the stock market in 2017 Yahoo Finance - Thu, Dec 1, 2016 2:49 AM SGT
    One narrative will define the stock market in 2017

    The stock market in 2017 will be all about corporate taxes. The election of Donald Trump to the White House has turned the focus of strategists across Wall Street to the impacts of an expected corporate tax cut. Trump pledged that he would bring the corporate tax rate down to 15% from its current 39%. And for a corporate …

  • OPEC and the Fed — What you need to know in markets … Yahoo Finance - Wed, Nov 30, 2016 6:47 AM SGT
    OPEC and the Fed — What you need to know in markets on Wednesday

    The Organization of Petroleum Exporting Nations, more commonly known as OPEC, is set to announce, well, something on Wednesday. OPEC is expected to make an announcement on whether or not it has agreed to a production cut at some point during the day. Current OPEC production is running at about 34 million barrels per  …

  • Everything we're hearing from US consumers right … Yahoo Finance - Tue, Nov 29, 2016 11:34 PM SGT
    Everything we're hearing from US consumers right now is great

    On Tuesday, two data points reinforced the strength of the consumer, with third quarter personal consumption revised higher while November’s consumer confidence reading from The Conference Board rose to the highest level in nine years. In the third quarter, personal consumption rose 2.8%, better than the 2.1% previously …

  • GDP and consumers — What you need to know in markets … Yahoo Finance - Tue, Nov 29, 2016 7:15 AM SGT
    GDP and consumers — What you need to know in markets Tuesday

    A third quarter GDP revisions and much-anticipated consumer confidence reading will headline the morning. At 8:30 a.m. ET, the second estimate of third quarter GDP is set for release and Wall Street economists expect the measure to show the US economy grew at a rate of 3.1% during the quarter.

  • Business leaders in Texas are fired up about Trump Yahoo Finance - Mon, Nov 28, 2016 11:55 PM SGT
    Business leaders in Texas are fired up about Trump

    Donald Trump speaks on June 16, 2016 at Gilley’s in Dallas, Texas. Business leaders in Texas are looking forward to the Trump administration. The Dallas Fed’s latest Texas manufacturing report released Monday showed a sharp rise in business activity and optimism during November.

  • JOBS WEEK IS HERE: What you need to know this week … Yahoo Finance - Mon, Nov 28, 2016 12:25 AM SGT
    JOBS WEEK IS HERE: What you need to know this week in the US economy

    Jobs week is here again.

  • American consumers seem pretty excited about Donald … Yahoo Finance - Wed, Nov 23, 2016 11:14 PM SGT
    American consumers seem pretty excited about Donald Trump

    The first post-election economic numbers are in, and we’re learning that US consumers are excited about Donald Trump. “The initial reaction of consumers to Trump’s victory was to express greater optimism about their personal finances as well as improved prospects for the national economy,” said Richard Curtin, chief economist …

  • Data dump on deck — What you need to know in markets … Yahoo Finance - Wed, Nov 23, 2016 8:33 AM SGT
    Data dump on deck — What you need to know in markets on Wednesday

    On Wednesday, the final full trading day of the week, we’ll get a number of economic data reports and we’ll see if the post-election rally pushes forward. In focus will be the report on durable goods orders and consumer sentiment. In a note to clients out Tuesday, Joe LaVorgna and the economics team at Deutsche Bank outlined …

  • Stocks just reached a tech-bubble era milestone. Who … Yahoo Finance - Wed, Nov 23, 2016 1:27 AM SGT
    Stocks just reached a tech-bubble era milestone. Who cares?

    On Monday, the Dow, the S&P 500, the Nasdaq, and the Russell 2000 each hit an all-time high on the same day. Stock market historians will remember that this final trading day of the millennium came just a few months before the beginning of the tech bubble bursting and the beginning of a US recession. Naturally, many investors …

  • Donald Trump could trigger the 'great unwind' … Yahoo Finance - Tue, Nov 22, 2016 9:48 PM SGT
    Donald Trump could trigger the 'great unwind' in markets

    It’s finally happening: Money is moving out of bonds and into stocks. In a note to clients out Monday, Deutsche Bank strategist Andreas Bruckner and team asked whether that the election of Donald Trump could trigger the “great unwind” in markets, or the movement of money out of bonds and into stocks. On Monday, stocks …

  • It's 1999 in the stock market — What you need to … Yahoo Finance - Tue, Nov 22, 2016 7:21 AM SGT
    It's 1999 in the stock market — What you need to know in markets Tuesday

    On Tuesday, the latest report on existing home sales is set for release and should show a 0.7% decline from the prior month. “We expect existing home sales to edge slightly lower, to 5.43mn in October from 5.47mn in September,” write analysts at Barclays. In corporate earnings, Campbell’s Soup (CPB), Barnes & Noble (BKS), …

  • WEEK AHEAD: What you need to know in markets ahead … Yahoo Finance - Sun, Nov 20, 2016 9:32 PM SGT
    WEEK AHEAD: What you need to know in markets ahead of Thanksgiving

    Thanksgiving is on Thursday in the US, and as a result we’ll have just three-and-a-half trading days, a welcome break to markets that have been in a bit of frenzy following the presidential election. Quick update: The US economy is already pretty great. President-elect Donald Trump famously made the cornerstone of his …

  • Change of fortunes? Dollar hits 13-year high; Fed rate … ZUU online - Sat, Nov 19, 2016 10:28 AM SGT
    Change of fortunes? Dollar hits 13-year high; Fed rate hike rumoured to be sooner

    Expectations of a more dovish Federal Reserve stance and sustained low US interest rates have become the consensus in US and Asian equity markets over […]

  • The S&P 500 is closing in on a new record high Yahoo Finance - Fri, Nov 18, 2016 7:14 AM SGT
    The S&P 500 is closing in on a new record high

    The broader benchmark S&P 500, however, was still a bit off its record close reached back in the summer. On Thursday, the S&P 500 closed at 2,187.12, just less than 0.1% off its record close of 2,190.15. Earnings season is more or less over but Friday will feature a few more reports out of the sector with Foot Locker …

  • RAOUL PAL: History shows there's a 100% chance … Yahoo Finance - Fri, Nov 18, 2016 4:52 AM SGT
    RAOUL PAL: History shows there's a 100% chance of a recession for Trump

    Raoul Pal is the author of Global Macro Investor, a newsletter read by top hedge fund managers. Closely-followed former global macro fund manager Raoul Pal is forecasting a 100% chance of a recession for president-elect Donald J. Trump. Pal authors The Global Macro Investor, a research letter read by some of the most …

  • Fed's Kashkari: There's a 67% chance we'll … Yahoo Finance - Fri, Nov 18, 2016 4:22 AM SGT
    Fed's Kashkari: There's a 67% chance we'll have another financial crisis

    What are the chances we have another financial crisis in the next 100 years? According to research out of the Minneapolis Fed, about 67%. “Our analysis says there’s still a 67% chance we could have another financial crisis [in the next 100 years],” Kashkari told Yahoo Finance.

  • Walmart and inflation — What you need to know Thursday … Yahoo Finance - Thu, Nov 17, 2016 6:26 AM SGT
    Walmart and inflation — What you need to know Thursday in markets

    The biggest corporate news of the week is due up on Thursday, and that’s earnings out of Walmart (WMT). The economic calendar is also busy with inflation, the US housing market, and the US labor market all in focus. Retail behemoth Walmart is set to report earnings before the bell Thursday, and the company should give …

  • Inflation, manufacturing, and Snapchat — What you need … Yahoo Finance - Wed, Nov 16, 2016 6:49 AM SGT
    Inflation, manufacturing, and Snapchat — What you need to know Wednesday in markets

    Inflation, housing, and the manufacturing sector are all in focus on Wednesday. Earnings season also rolls on with a near replay of Tuesday’s home improvement and retail earnings reports coming from Lowe’s (LOW) and Target (TGT). The busy week of economic data will continue on Wednesday, with the October report on producer …

  • The US economy's dominant force is far stronger … Yahoo Finance - Tue, Nov 15, 2016 9:51 PM SGT
    The US economy's dominant force is far stronger than expected

    The October report on retail sales came in way stronger than expected, while earnings out of home improvement retailer Home Depot (HD) topped expectations. “Retail sales show no adverse election impact,” Capital Economics’ Paul Ashworth said. The Census Bureau’s October report on retail sales showed sales rose 0.8% over …

  • Housing, sporting goods, and department stores — What … Yahoo Finance - Tue, Nov 15, 2016 6:34 AM SGT
    Housing, sporting goods, and department stores — What you need to know Tuesday

    The Census Bureau’s October sales report as well as earnings from Home Depot, TJX, and Dick’s Sporting Goods will dominate the news flow. In October, retail sales are expected to rise 0.6% over the prior year, according to Wall Street estimates compiled by Bloomberg. Inside this report investors will also focus on readings …

  • What’s next for the stock market jolted by Trump's … Yahoo Finance - Tue, Nov 15, 2016 1:12 AM SGT
    What’s next for the stock market jolted by Trump's win

    “We believe that rising earnings and multiples will push equity returns into the double digits from our previous high-single-digit baseline,” writes RBC chief equity strategist, Jonathan Golub. “Equities should rally given the aforementioned backdrop, including better earnings, higher multiples, and the benefit of lower …

  • WEEK AHEAD: American retail in focus Yahoo Finance - Mon, Nov 14, 2016 4:40 AM SGT
    WEEK AHEAD: American retail in focus

    Election week has come and gone. Donald Trump has been elected president of the United States.

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