Dow Says Goodbye to GE

GE Loses Spot on Dow

For the first time in 110 years, General Electric will not be a member of the elite Dow Jones Industrial Average. S&P Dow Jones Indices announced on Tuesday that the iconic maker of light bulbs and jet engines will be replaced in the 30-stock index by Walgreens Boots Alliance...

By | June, 20, 2018|Categories: Articles, Featured|Tags: , , , , , |0 Comments

The Truth Comes Out

DOJ Report Blasts Comey

The Justice Department’s inspector general on Thursday painted a harsh portrait of the F.B.I. during the 2016 presidential election, describing a destructive culture in which James B. Comey, the former director, was “insubordinate,” senior officials privately bashed Donald J. Trump and agents came to distrust prosecutors...

By | June, 15, 2018|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments

FED Hikes Rates

Fed Raises Rates, Signals More on the Way

The Federal Reserve raised interest rates on Wednesday and signaled that two additional increases were on the way this year, as officials expressed confidence that the United States economy was strong enough for borrowing costs to rise without choking off economic growth...

By | June, 14, 2018|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments

Summit: “Very, Very, Good”

A New Beginning?

US President Donald Trump shook the hand of North Korean leader Kim Jong Un Tuesday morning local time, an extraordinary display of diplomacy that reflects an unprecedented gamble for two brash leaders' intent on making their mark on history. The men greeted each other with extended hands in front of a row of US and North Korean flags...

By | June, 12, 2018|Categories: Articles, Featured|Tags: , , , , , , |0 Comments

3M INDICATOR FLASHING YELLOW

Danielle DiMartino Booth

New orders hold most-favored-indicator status for forward guidance on US economic growth. If you drew a heat map of the US, you’d find really hot spots for new orders in the Philly Fed District and a great swath of Midwest flyover states like those covered in the Kansas City Fed manufacturing survey...

By | June, 11, 2018|Categories: Articles, Featured|Tags: , , , , , , |0 Comments