Resources Reign 04-20-17

Many of our precious metal recommendations traded higher in the last week around geopolitical uneasiness and the rise in the price of gold to nearly $1,300 an ounce. However, gold fell again yesterday as speculators took some profits. Read more about Resources Reign 04-20-17

One Way Or Another, Fed Policy Should Tighten 04-06-17

Yesterday, the Federal Open Market Committee (FOMC) released minutes from its March meeting. As expected, the central bank plans to further tighten monetary policy, and not via interest rates alone. While it does plan to continue to raise the overnight lending rate, the Fed also appears to be readying to start to sell some of its $4.5 trillion in U.S. securities this year, which would decrease the money supply and pressure interest rates upward. Read more about One Way Or Another, Fed Policy Should Tighten 04-06-17

Opportunity and Pitfall 03-30-17

After cancelling a vote on the American Health Care Act due to insufficient support, Republicans haven’t given up. But there’s no doubt the first attempt at major legislation under the new president has exposed fissure within the Republican Party. It’s evident that despite controlling the White House and both houses of the Legislative Branch, passing any law won’t necessarily be an easy slam dunk.   Read more about Opportunity and Pitfall 03-30-17

Stocks, Oil, and Security 03-23-17

Potential Washington gridlock over the American Health Care Act (AHCA), intended to replace the Affordable Care Act (aka Obamacare), has negatively impacted the stock market this week. On Tuesday, both the Dow Jones Industrial Average and the S&P 500 fell more than 1 percent for the first time in five months. Yesterday, stocks recovered some losses, but today, the major indexes failed to hold on to early gains and finished slightly in the red.  Read more about Stocks, Oil, and Security 03-23-17

New Budget, Rates and Market Risk Rise 03-16-17

The Trump administration today released its first budget proposal for fiscal 2018. It calls for a larger military, a wall on the southern U.S. border and improved programs for veterans while it also seeks deep reductions in funding for foreign aid, medical research, the arts, climate-change research and other programs. Read more about New Budget, Rates and Market Risk Rise 03-16-17