Category Archives: Macro/Sector News

Senate Passes Tax Reform Bill

In a vote that went down to the wire (51-49),  Senate Republicans managed to muster up enough support to get the Tax Reform Bill passed. This controversial proposal will be the biggest tax overhaul the country has seen in decades, … Continue reading

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The Economy Is Humming, but Businesses Aren’t Borrowing

The rate of 12 month loan growth at U.S. banks in the third quarter hit its lowest level since the end of 2013. This marks the sixth consecutive quarter of decline for this measure of loan growth. The growth rate … Continue reading

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Inflation Worries as December Rate Hike Approaches

The Federal Reserve plans to stay on track to increase short-term interest rates however, inflation remains persistently weak. The last rate increase occurred in June from 1% to 1.25%. Inflation is expected to remain below the 2% annual target which … Continue reading

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Oil Climbs on OPEC Expectations

Oil prices gain on Friday after nearly a week of losses, based on signs that Saudi Arabia plans to support an extension on OPEC’s deal to continue cutting global production. Crude rose $1.41 or 2.6% to $56.55 a barrel on … Continue reading

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The Future of Oil Demand

Contrary to popular belief, taking into account electric cars and other forms of renewable energy, OPEC (The Organization for Petroleum Exporting Countries) forecasts global demand for oil increase into 2040. In the short term, OPEC expects global annual demand growth … Continue reading

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Strong Growth in US Economy Despite Increasing Costs

Ever since the 2008 financial crisis, the US economy has struggled to grow substantially. Within the past year, S&P 500 companies have shown signs of increased sales as well as increased spending. This is largely in part due to the … Continue reading

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Broadcom Ltd. Plans Unsolicited Takeover for Qualcomm Inc.

On Friday, November 3rd, Broadcom Ltd. announced that it would plan an unsolicited takeover approach to its rival chip maker Qualcomm Inc. The bid was expected to be worth $100 billion in value – it would be paid for with … Continue reading

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