Category Archives: stock market

Uncertainty Over Oil

The price of oil futures has seen extreme volatility in late October till now. Brent which is still up 9.11% year to day is down 13.75% in the past month trading at $72.52 per barrel. While West Texas Intermediate or … Continue reading

Posted in commodity, macro-economic, Macro/Sector News, Oil, OPEC, stock market, Uncategorized | Leave a comment

EU Could Charge Facebook With a $1.83B Fine

Facebook’s violation in a new policy issued by the European Union could potentially leave the social media giant to pay $1.83 Billion in fines. The policy law, known as GDPR, is forcing hundreds of companies to change the way user … Continue reading

Posted in Euro, Facebook, stock market, Technology, Uncategorized | Leave a comment

Elon Musk Settles with SEC

Elon Musk of Tesla has reached an agreement with the SEC after they charged him with securities fraud. The lawsuit is a result of an August tweet by Musk that claimed he will be taking Tesla private at $420 per … Continue reading

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U.S. Consumer Confidence Brightens

U.S. consumer sentiment, published by University of Michigan survey every month, is at 100.8 – one of the highest number recorded in recent years, representative of a 6.0% year over year change. An index number of 100 represents the conditions … Continue reading

Posted in Consumer Confidence, Consumer Spending, dollar, dollar general, Fed, Federal Reserve Bank, Forecasts, GDP, Global News, Global Trade, Macro/Sector News, stock market, stocks, Uncategorized | Tagged , , , , , , , , , , | Leave a comment

Indexes at All-Time Highs – Fear at All-Time Lows

The markets broke their previous highs on Friday and continue to juggernaut through the beginning of the final quarter of 2017.  Auto sales have risen at the fastest pace of the year. Expected corporate tax cuts from the Trump presidency … Continue reading

Posted in Consumer Confidence, Macro/Sector News, Rate Hike, stock market, tax, Trump | Tagged , , , , , | Leave a comment