Major US Equity Indices Rally Huge Into Resistance Last Week; Likely To Be On Pins And Needles Until Georgia Runoff Outcome

posted in: Credit, Economy, Equities, Technicals | 0

US equities surged last week pricing in a divided government – a Democrat in the White House, Republicans in control of the Senate and Democrats of the House of Representatives. Major indices rallied right into important resistance. The focus now … Continued

Infrastructure Spending – Markets Pricing In Too Much Of Good News?

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“…I want to solve health care, jobs, border control, tax reform.” The above quote is from a weekend interview president-elect Donald Trump gave to the Wall Street Journal. The article also talks about his willingness to keep parts of the … Continued

Infrastructure Spending Plans High On Optimism But Low On Practicality?

posted in: Credit, Economy | 0

The two major U.S. presidential candidates share at least one common interest.  Both talk about the need to increase infrastructure spending. Democrat Hillary Clinton has a five-year $275-billion program.  Republican Donald Trump says he would spend at least twice as … Continued