Is the Rally Over?

The Beginning of the End?

A gloomy October on Wall Street turned darker Thursday, as heavy selling overseas and failed intraday rallies in the U.S. sent major stock indexes to another stinging retreat. The Dow Jones Industrial Average tumbled 546 points, leaving the blue-chip index down 5.2% after two days of volatile trading that has been marked by sharp declines in the last hours of the day...

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

Debt Ceiling, Economy, & Markets

With Former White House Communications Director Anthony Scaramucci

Today on The Bubba Show, Bubba welcomes Anthony “Mooch” Scaramucci, formerly part of the Trump administration and CEO of Skybridge Capital. Bubba and Anthony discuss his time at the White House, the economy, and more...

Danielle DiMartino Booth

If you’re looking for hard guidance in today’s Federal Open Market Committee statement, I’d suggest you tamp your enthusiasm. Janet Yellen has orchestrated the slowest tightening cycle in history, defying even the ‘measured’ pace at which Alan Greenspan tightened which culminated in the housing bubble bursting. The last thing Yellen wants to do at her last FOMC meeting is stir any pot...

By | January, 31, 2018|Categories: Articles, Featured|Tags: , , , , , , , , , , |0 Comments

Danielle DiMartino Booth

For the time being, happy days are still very much here. Average what the Atlanta Fed and New York Fed are forecasting for economic growth in the just-ended fourth quarter and we’re talking about full year growth of 2.7 percent. But it gets better. There’s an increasing chance we’ll have 12 months of GDP growth at a 3-percent rate by the time the books close on the first quarter. Any upside from here will make Republicans giddy with excitement...

Wall Street and Main Street Farther Apart

The Stock market continues to rally, having its biggest up week of the year, making new highs in the DOW. S&P and Nasdaq. The Russell is not far behind, but had the best performance last week gaining 2.4%. The NYSE as the broadest proxy for US stocks. That index, now at 12,080, has a top target of 12,000...

By | September, 18, 2017|Categories: Articles, Featured|Tags: , , , , , , , , , , |0 Comments

Times…They Are a Changin’

Is the Clock Ticking on this Market?

It seems as though the market was out partying too hard this Labor Day Weekend as the Dow Jones Industrial average recorded its biggest one-day drop since August 17th, falling 234.2 points to close at 21.753.31, with United Technologies and Goldman Sachs contributing the most to the losses...

By | September, 6, 2017|Categories: Articles, Featured|Tags: , , , , , , , , , , , , |0 Comments

BOND MARKET SAYS DATA NOT GOOD

The Mysterious Bond Market

The bond bull market is staging its biggest leap forward this year, much to the dismay of Wall Street forecasters. Even after a late-July Federal Reserve meeting made it clear that policy makers would begin reducing the bank's $4.5 trillion balance sheet...

The Battle Over Toothpaste

Procter and Gamble Proxy Fight

U.S. consumer products giant Procter and Gamble Monday became the target of potentially the largest-ever proxy fight. Nelson Peltz's Trian Partner, owner of $3.3 billion P&G shares, announced preliminary plans to seek a board seat for the activist investor at the company...