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The scramble for China continues

The scramble for China continues

Google is joining the scramble for China. The Silicon Valley-based search giant bought a 1 percent stake in JD.com (JD), China's No. 2 e-commerce company. JD's products will soon appear in on Google Shopping results for users in U.S., Europe and non-Chinese parts of...

Here come the central banks

Here come the central banks

Now that the North Korean summit is finished, attention turns to major central bank meetings on both sides of the Atlantic. Both are expected to push interest rates higher. The U.S. Federal Reserve gets things started at 2 p.m. ET today. Forecasts across the board...

Don’s Notebook May 29, 2018

Don’s Notebook May 29, 2018

In today’s Morning Market Briefing, presenter Fausto Pugliese of CyberTrading University cautioned about “forcing” trades today since he expected a slower market following the Memorial Day market holiday. “Do not be aggressive today” was his warning. The S&P Core...

Don’s Notebook May 9, 2018

Don’s Notebook May 9, 2018

Don’s Notebook May 9, 2018 Producer prices open three straight days of inflation data. Today’s announcement, the Producer Price Index (PPI) of the Bureau of Labor Statistics (BLS) is a family of indexes that measures the average change over time in the prices received...

Don’s Notebook May 4, 2018

Don’s Notebook May 4, 2018

Payrolls rose 164,000 after an upwardly revised 135,000 advance,  according to the Labor Department data announced earlier today. The jobless rate fell to 3.9 percent, the lowest since December 2000, after six months at 4.1 percent. Average hourly earnings increased...

Don’s Notebook May 3, 2018

Don’s Notebook May 3, 2018

Don’s Notebook May 3, 2018 March looks to have been a very good month for the trade balance, the month when tariffs and trade wars first hit the news. The trade deficit fell in March to $49.0 billion with the Chinese deficit, narrowing to $25.9 billion from February's...

Markets seem to be climbing a wall of worry

Markets seem to be climbing a wall of worry

This article is not a recommendation and is intended for educational purposes only. "Stocks climb a wall of worry." Most of us have heard the expression. Now it may be playing out before our eyes. After all, we've had worries. Trade wars with China. Presidential...

Don’s Notebook February 16, 2018

Don’s Notebook February 16, 2018

The strengthening recovery across U.S. equities — the S&P 500 Index capped its best five-day run since 2011 yesterday — continues to set the tone for global benchmarks.