Thursday, February 21, 2019
Market Update
The market has still not confirmed the January rally. I believe the positive news about trade deals with China, if they actually do happen, are already priced in. The FOMC -- according to yesterday's minutes -- remains dovish, which to me means that they are seeing some beginning signs of weakness in the economy. Some of the disappointing news today included December durable goods orders, Leading Economic Indicators, existing-home sales, and the US Manufacturing PMI. Not all were horrible, but showed weakness. Sometimes Mr. Market has a mind of its own.
Subscribe to:
Post Comments (Atom)
How Much Do You Pay In Cell Phone Taxes?
A typical American household with four wireless phones paying $100 per month for taxable wireless service can expect to pay about $260 per y...
-
Vicky Alvear Schecter wrote in Medium | Poltics on Dec. 27, 2018 using her headline above. I thought it was pretty well written -- at le... -
Article from schwab.com Individual Retirement Accounts (IRAs) can be a great way to save for retirement because of the tax benefits they ...
-
As expected, the Democrats took control of the House, the Republicans kept the Senate. This is what the market expected, so there is no long...
No comments:
Post a Comment