Having legged higher at the opens of Asia, Europe, and US markets, WTI is extending gains overnight on middle-east tensions...
Brent is trading above $62 amid anti-corruption drive led by Saudi Crown Prince Mohammed bin Salman, which may consolidate his control in OPEC’s largest oil producer, and WTI has pushed above $57 as producers such as Nigeria, Saudi Arabia signal they support a potential extension of OPEC output cuts.
Is the world's richest man starting to get a little concerned that his $90 billion fortune in Amazon stock might just be fully valued? Well, judging by his SEC disclosures from last Friday, Bezos provided investors with roughly 1.1 billion reasons why the answer to that question may be a resounding 'yes'.
Authored by Jim Quinn via The Burning Platform blog,
Donald Trump tells me our best days are ahead. Once his tax cut plan is passed, the future will be so bright I’ll have to wear shades.
Something truly massive happened in early 2017.
That “something” was the market shifted from deflation towards an inflationary outlook.
If you don’t believe me, you can see for yourself.
Inflation expectations broke out of a multi-year downtrend. Not only that, but they have since continued higher, bouncing of support.
Investing in the markets is like playing poker, and this was a massive “tell” that the market had changed.
The next big “tell” came when yields on the 10-Year Treasury broke out of a downtrend.
Authored by Lance Roberts via RealInvestmentAdvice.com,
On Friday, I touched on the proposed “tax cut/reform” bill introduced by the House Ways and Means committee which is chaired by Congressman Kevin Brady. Some of the key highlights of the “House plan” are as follows (courtesy of Zacks Research):