Big news from small businesses

This is the effect of a pro-business White House means to the US economy.

Main Street’s businesses are looking at a far brighter future, according to the latest survey taken by the National Federation of Independent Businesses.

Small business posted its second highest optimistic score in the history of the survey in February with a reading of 107.6. Continue reading

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Phantom inflation will see a Fed do one and done in ’18

Since Jan. 26th more than 2,100 points have come off the Dow using Thurs. closing price. Dow futures suggest another 200 points at the open, but it’s early.

Across that same time frame, bitcoin has remained flat, down roughly $150, with much churn along the way. Continue reading

Gold, bitcoin loving the sturm und drang of markets

Before you could figure out how the market would react this morning to flat retail sales for the holiday quarter, Dow futures were up bigly on Wednesday.

Then before you could look up the definition of inflation this morning, the market was down “bigerly” on the Consumer Price Index report. Continue reading

2018: $40K bitcoin, more C-Suite resignations

I would like to welcome 2018 and write what I believe we will see in the business and economic headlines this year.

The first caveat is with President Trump on Twitter there is no way you can be too outlandish in predicting what may happen in 2018. The president can open up a number of cans of worms with less than 100 characters. Continue reading

No buying retail’s Christmas miracle

This holiday season’s feel good story is that retail is back for the US consumer.

Stories abound on the renewed consumer confidence and how that translates into growing sales, which rose 4.9% from Nov. 1 through Christmas Eve, compared with a 3.7% gain in the same period last year, according to the Mastercard Continue reading