So even though Trump might not be 100% right when he says the US is ‘booming like never before’, he might get something close to it if he just says it over and over again.
This morning, Breville Group Limited [ASX: BRG] enjoyed a substantial increase in their stock price, following the release of their financial results ending 30 June 2018. The stock sits at $13.05 a share at time of writing, an increase of $1.41.
Where does the Composite sit today? Just below 3,000. There have been highs and lows along the way. But over a nine year period, the Composite is up just over 35%. It pales in comparison to the S&P 500’s 239% return, or the ASX 200’s 100% return over the same time.
There can be little doubt that the US economy is strong right now. What’s harder to work out is whether stock prices have factored this in, or whether the bull market has more left in the tank.
The International Monetary Fund (IMF) officially added the Chinese yuan to its basket of currencies comprising its SDR. This has enormous long-term implications for the US dollar...
The markets see Trump as an enemy of Mexico. But as it turns out, in terms of Mexico’s exports, Mr Trump may turn out to be the best friend Mexico has right now.
It’s important we continue to monitor what’s happening in the US economy, because it does lead the world in and out of recession. Despite what some of the analysts are saying, there are still some positive signs coming from the world’s largest economy.
Many people believe that the rest of the Argentine economy is just as corrupt and risky as its football business. I disagree...
For five years now Dr. Paul Krugman has argued that increasing U.S. government spending is vital to the US economy's recovery. And for five years he's been dead wrong.