Tops News- FedEx shares jump after hours as massive cost-cutting measures kick in
- Both mortgage rates and weekly mortgage demand are stuck in place, suggesting a slow summer housing market
- Your 401(k) is up, and a new report shows increased savings. But Americans need to do more
- Rivian secures up to $5 billion from Volkswagen, shares soar more than 50%
- YouTube dominates streaming, forcing media companies to decide whether it's friend or foe
- U.S. auto sales are expected to slow during the second half of 2024
- Harvard dropouts raise $120 million to take on Nvidia's AI chips
- WikiLeaks founder Julian Assange lands in Australia after U.S. plea deal
- Retirement 'super savers' tend to have the biggest 401(k) balances. Here's what they do differently
- New photos show Trump's 'haphazard' storage of classified documents, special counsel says
- Economic Calendar & News
- UK retail sales go into reverse this month, CBI survey shows
- Australia inflation jumps to 6-mth high in May, ramps up rate hike risks
- German consumer sentiment unexpectedly dips in July, finds GfK
- Australia CPI up more than expected in May at 4%, RBA jitters mount
- US business equipment borrowings up 11% in May, ELFA says
- US consumer confidence retreats slightly; house prices remain elevated
- Canada inflation surprisingly rises in May, markets trim July rate cut bets
- US house prices increase steadily in April -FHFA
- Australia consumers balance budget relief against rate risks
- Japan's business-to-business service inflation hits 2.5% in May
- Economy
- Trade feuds aside, Chinese firms are committed to the U.S. market, survey shows
- Fed Governor Bowman says she's still open to raising rates if inflation doesn't improve
- IMF chief says Europe looks like 'an ideas supermarket' for the U.S., calls for further integration
- Bank of England keeps rates at 5.25% in 'finely balanced' decision; traders lift bets for August cut
- Switzerland makes second interest rate cut as major economies diverge on monetary policy easing
- These groups help people of color and the LGBTQ+ community find a ‘radically inclusive space’ in the outdoors
- UK inflation falls to Bank of England's 2% target ahead of elections
- The Fed is 'playing with fire' by not cutting rates, says creator of 'Sahm Rule' recession indicator
- May retail sales rise 0.1%, weaker than expected
- Bank of Japan set to reduce JGB purchases, stands pat on interest rate
Monthly Archives: May 2017
Charts of the Day – May 31, 2017
As the big six Canadian banks finished reporting their Q2 FY2017 earnings, a recap is provided below. Amid raising household debt and sluggish oil prices, the Canadian banks delivered solid (not stellar) results. Note that any chart with a bank … Continue reading
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Charts of the Day – May 25, 2017
As the next FOMC meeting is approaching with another rate hike being highly probable, a chart is included below to show how the three “key rates” (Federal Funds rate, headline inflation rate, and unemployment rate) have evolved since 1950s. Note … Continue reading
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Charts of the Day – May 24, 2017
The U.S. dollar dropped on Wednesday, after minutes of the latest FOMC meeting indicating that the policymakers agreed to begin the wind-down process of the Fed’s massive holdings of Treasury debt and mortgage-backed securities on its balance sheet at some point this year. On … Continue reading
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AMJourney 
Market Commentary – May 26, 2017
U.S. equities finished mixed on Friday ahead of the long weekend as investors continued to digest a series of key economic data released throughout the week. The Dow Jones industrial average was slightly down by 2.67 points (-0.01%) to close at … Continue reading →