While equities in the US have lost a little steam over the past few weeks, US large caps still remain in an intact upward trend: Mid-Caps and Small-Caps have taken a brunt of the softness due to a weak US dollar and uncertainty around a…
Much has been made of President Trump’s expectation to implement his pro-growth agenda, which certainly contributed to the run-up in equities starting immediately after the election. However, recent market strength seems to result more from positive corporate earnings than anything else, which, on balance, is…
GDPNow’s Latest Q2 Forecast = 3.4% As of June 2, 2017 Source: Atlanta Fed GDP Q2 2017 = 1.2% (Percent Change from Preceding Period) As of May 26, 2017 Corporate Profits After Tax = $1.735.8 Q1 2017 (Billions of Dollars, Seasonally Adjusted…
US large caps ( 1.4%) and US small caps ( 1.1%) managed to bounce back from last week’s debacle of the Trump – Russian “collusion”. Europe (-0.3%) wasn’t so sanguine, as Trump’s visit to NATO was akin to a landlord showing up to collect overdue…