It looks like Trump & Co could be right about DOW 30.000 .
Mtl JP 21:30:40 GMT - 01/05/2018
PAR 20:48 Donald J. TrumpVerified account
Dow goes from 18,589 on November 9, 2016, to 25,075 today, for a new all-time Record. Jumped 1000 points in last 5 weeks, Record fastest 1000 point move in history. This is all about the Make America Great Again agenda! Jobs, Jobs, Jobs. Six trillion dollars in value created!
That enthusiasm ... is infectious, ya ?
PAR21:52:02 GMT - 01/05/2018
Job numbers were poor , trade deficit ( which Trump seems to have forgotten ) is horrible .
All markets make record highs on Trumps tweets.
dc CB 00:57:36 GMT - 01/06/2018
Oh wait. read the FED 2012 transcripts....you know, the end of Obama's first term and as he was campaigning for his second. Before Trump was even near. much less thought about by anyone.
quotes via ZeroHedge:
**Powell 2012: "we look like we are blowing a fixed-income duration bubble right across the credit spectrum that will result in big losses when rates come up down the road. You can almost say that that is our strategy."
**The most stunning thing a Fed chair has ever admitted. Jerome Powell, Oct. 2012
Baby it's Cold Outside
Just a smidge South of the Mason Dixon Line - 9Deg F and dropping.
Stuff like this keeps you awake enough to throw another log on the fire. Free Heat...if'n U got the wooded aikerage. (aik--fell, cutup split,stack, thro in the stove)
America: ya they did that Without a ChainSaw..muscles and male Children.
Cities where joblessness is 3.5 percent or lower have also witnessed an impressive 4 percent year-over-year increase in earnings, said Ian Shepherdson, chief economist of Pantheon Macroeconomics.
Bob Peterson, the chief executive of Melton Truck Lines, said he had no choice but to increase pay for his 1,600 drivers this year.
“With unemployment this low, anyone worth their salt has got a job and probably a darn good one,” Mr. Peterson said. Melton operates in 48 states and has offices in five.
The tight job market has been especially tough on Mr. Peterson, because he requires a drug test for everyone who comes through the door. Many fail, especially after several states legalized marijuana for medical or recreational use.
“There’s guys and gals that like to smoke weed, but they can’t drive a commercial vehicle because it’s prohibited,” Mr. Peterson said. “Some people get here and we find out, oops, they have been smoking or injecting.”
He says he has to talk to 250 applicants to hire one employee.
And, indeed, average hourly wage growth is accelerating. In December, wages increased by 2.7 per cent on a year-over-year basis. At the start of 2017, the country’s tepid wage growth was a concern for economists and the Bank of Canada. That worry has largely dissipated for now and a number of increases to provincial minimum wage rates will only further drive wage growth. Hourly wage growth, combined with an increase in hours worked, bodes well for incomes in the year ahead, too, even if it ultimately adds to inflationary pressures. Scotiabank, for one, changed its interest rate forecast and is now calling for the central bank to hike rates later this month.
cad gov. investments co.
nw kw 17:34:57 GMT - 01/06/2018
upgrading school pays of cad wins.or immigration,
nw kw 18:20:54 GMT - 01/06/2018
cad gas rebate hit market,3y av. 3.00 utilities so bonds are cheap 3y out nat gas av.
utilities sector support, cheap, fed hiking?
Kl Fs 11:04:18 GMT - 01/07/2018
Why stop at 30k? Heck, make Dow 100k this year! If bitcoin can, dow can too. Yes we can.
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Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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