The Lessons for the Young Economist video series is the antidote to public school economics education.
Category: Economics
Americans are poorer: the United States Misery Index rises again
The problem for most Americans is that it is increasingly difficult to make ends meet despite record government spending, or because of its negative impact on inflation and taxes.
NewsWare’s Trade Talk: Thursday, August 8 | NewsWare‘s Trade Talk
S&P Futures are lower this morning as the market awaits this morning Jobless Claims report. JP Morgan CEO Jamie Dimon remain positive on economy, remains cautious on inflation hitting 2% in the Feds timeframe. Earnings from LLY came in better than anticipated, company also raised guidance. Warner Brothers (WBD) is writing down the value of its traditional tv networks by 9.1b. In Europe, stocks are lower, and oil prices are moving slightly lower after yesterday’s big gains.
NewsWare’s Trade Talk: Wednesday, August 7 | NewsWare‘s Trade Talk
S&P Futures are positive as global sentiment turns bullish after positive comments from a BOJ official. The BOJ official essential said that no immediate tighten action should be expected, the will reduce the market volatility caused by the carry trades. Seeing Positive earnings announcements for DIS, LPX & LRN. ABNB and SMCI were underwhelming. Markets could see another bout of volatility later this month with the Jackson Hole conference set to take place. In Europe, stocks are higher and oil prices are displaying strong gains.
NewsWare’s Trade Talk: Tuesday, August 6 | NewsWare‘s Trade Talk
S&P Futures are displaying a move higher this morning as Japan’s markets gained +10% overnight. No fundamental changes overnight, and Fed officials talked down the sensationalized stories related to a pending recession. Positive earnings announcements for CAT, H, OC. TAP & UBER this morning. Google lost lawsuit as judges calls in a monopoly. Russia top defense officials are said to be in Iran meeting with Iranian military leaders. In Europe, markets are moving between gains and losses. Oil prices are moving higher as Middle East tensions are elevated.
NewsWare’s Trade Talk: Monday, August 5 | NewsWare‘s Trade Talk
S&P Futures are seeing an aggressive move lower this morning with futures falling near 3%. Japan’s Nikkei index suffered a more than 12% decline on the day, setting the stage for a significant reset of global equity prices. Comparisons to the 1987 meltdown are unwarranted as that correction came with a unique issue of market quotes being the markets by hours. There is no near-term catalyst this week which will pull the market out of its current slide, consumer staples and healthcare stocks typically perform best during market selloffs. Continuing concerns on Friday’s jobs data, recession fears, along with comments that the Fed is behind the curve are often mentioned this morning. In Europe, markets are off by more than 2%. Oil prices are falling as demand concerns weigh significantly on prices this morning.
The Trigger For WWIII Just Arrived – What Are The Implications For Americans? – Alt-Market.us
By Brandon Smith If the year of 2024 has proven anything so far, it’s that our worries about the potential…
The post The Trigger For WWIII Just Arrived – What Are The Implications For Americans? appeared first on Alt-Market.us.
NewsWare’s Trade Talk: Friday, August 2 | NewsWare‘s Trade Talk
S&P Futures are falling due to indications of a weakening economy and corporate earnings results. This morning Non-Farms Payroll report is in focus and is expected to show a fall in employment data from last month. INTC delivered a highly negative earnings report yesterday and AMZN guidance was weak, AAPL’s report came in better than expected. This morning XOM beat while CVX missed. Yesterday’s weak PMI is causing markets to fall globally. Ahead of a pending change in monetary policy, companies are decreasing their investments. In Europe, markets are bearish on elevated selling pressure. Oil is higher as the situation in the Middle East remains tense.
NewsWare’s Trade Talk: Thursday, August 1 | NewsWare‘s Trade Talk
S&P Futures are higher in the pre-market as markets react to the positive earnings results from META. After the bell today we hear from AAPL, AMZN & INTC. Sentiment is positive as Fed officials appear set to being loosening monetary policy in September. A rate decision from the BOE it due today, Japan’s rate increase is strengthening the yen, causing Japanese equities to slide. Jobless Claims & Manufacturing PMI data on tap for release today. In Europe, markets are weaker due to downbeat earnings in the auto sector. Oil continues to gain on the threat of escalating tensions in the Middle East.
NewsWare’s Trade Talk: Wednesday, July 31 | NewsWare‘s Trade Talk
S&P Futures are higher in the pre-market as markets await todays statement from the Fed. HUM, BWA, DD, ANET, AMD & MSFT all delivered beats. After the bell today we hear from META, QCOM, ARM, LRCX & ETSY. Microsoft’s overall sales and profit growth beat expectations, but revenue in its cloud-computing business narrowly missed. Israel is thought to be behind a missile strike inside Iran that killed a Hamas leader overnight, which is causing oil price to move higher. Japan, South Korea and the Netherlands are said to be excluded from the list of countries being blacklisted for chip sales, final rules to be published next month. In Europe, markets are higher due to positive corporate earnings updates and indications that a stimulus plan from China will soon be released.