Truth in Wealth Building

Listen to the Radio Show Now
Listen to the Radio Show Now

The yield curve continues to flatten

The Federal Reserve released its latest Beige Book. It showed continued to report steady growth overall. Trade concerns were starting to pop up, including rising steel costs. Labor market tightness continued to be an issue, especially for highly skilled workers, but wage and price pressures remained limited. (LPL) China continued buying Treasuries in February. Some…

Continue Reading

Earnings roll in

Hillsboro based Phoseon Technology, maker of semiconductor light for industrial applications, will expand its factory by more than 50%. Their work force has grown from 125 to 175 over the past two years. (OregonLive) Market breadth appears to be in favor of the bulls. There are signs that the 2018 bottom for U.S. equities has…

Continue Reading

Extra innings for tax filing

Gross domestic product (GDP) in China rose +6.8% in the first quarter. (AP) China’s central bank announced a surprise cut in bank reserve requirements, reducing the amount of cash most commercial and foreign banks must hold in order to pay back loans obtained via the central bank’s medium-term lending facility. The move is intended to…

Continue Reading

It’s Tax Day!

Earnings season kicks into high gear this week with about 15% of the S&P 500 reporting. Consensus expects S&P 500 earnings to increase 18% year over year, with increases in all 11 S&P sectors. Stocks tend to hold up well when military actions are contained. Historically, market reactions to contained military conflicts have tended to…

Continue Reading

A new week – earnings in focus

Money was outflowing from stock mutual funds and ETFs three weeks in a row (according to ICI data). Last time we saw that was right before the US election in 2016. Could this be a piece of sentiment that is flashing an extreme reading? AAII says its survey shows stock market bears are at their…

Continue Reading

Fear Friday the 13th?

Year to date, the MSCI Emerging Markets Index has returned 1.8%, ahead of both the developed international equity benchmark, which has returned 0.5%, and the S&P 500 Index, which has lost 0.6%. It’s still unclear if announced tariffs will be imposed, and there is no doubt risk of market disruption from a trade war with…

Continue Reading

1 2 3 96