economy | Financial Buzz

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April 26, 2019 Weekly Wrap up LIVE from the floor of the NYSE

financial buzz04/26/2019

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On Monday existing home sales for March declined 4.9% to an annualized 5.21 million units and U.S. crude surged 2.7% to $65.70 a barrel after the Trump administration decided...

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Dow Jones Industrial Average Approaches 52 Week High

Christian Eggers04/24/201904/24/2019

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Although the talk of a trade war with China is said to have discouraged the market last year, the underlying momentum of the business cycle appears to be driving...

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April 18, 2019 Weekly Wrap up LIVE from the floor of the NYSE

financial buzz04/18/2019

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This week was shortened due to stock markets closing Friday for Good Friday. On Monday the Empire State manufacturing survey came in at 10.1, compared to the prior month’s...

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April 12, 2019 Weekly Wrap up LIVE from the floor of the NYSE

financial buzz04/12/2019

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On Monday factory orders for February declined .5% compared to the prior month’s unchanged result. The Trump administration threatened to place about $11 billion in tariffs on European goods...

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Credit Suisse Expects Apple iPhone Sales to Decline

Bryan Shin04/12/2019

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Apple, Inc.’s (NASDAQ: AAPL) business primarily revolves around its iPhone sales, as it drove nearly 60% of its revenue last year. However, Credit Suisse said that Apple is in...

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Algerian and Sudanese Economies and Exports

Christian Eggers04/11/2019

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I once asked my sister: “What country is immediately South of Sudan? The answer is, in fact, South Sudan. Last week in Regular Sudan, there were enormous waves of...

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April 5, 2019 Weekly Wrap up LIVE from the floor of the NYSE

financial buzz04/05/2019

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On Monday retail sales for February fell .2% compared to the prior month’s .7% gain. The PMI manufacturing index for March fell .6 point to 52.4 and the ISM...

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March 29, 2019 Weekly Wrap up LIVE from the floor of the NYSE

financial buzz03/29/2019

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On Monday investors digested the news that special counsel Robert Mueller found no collusion between the Trump campaign and Russia with respect to influencing the 2016 Presidential election. Oil...

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Cannabis Industry Developments in California

Nina Lee03/26/2019

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Over a year has passed since California’s recreational marijuana laws took effect. Since California has the nation’s largest state economy, there’s been a lot of interest in whether or...

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Social Impact, Simplicity and App-Focused Experiences: How Millennials are Changing the Investment Landscape

Yuxuan (Gumo) Chang03/26/2019

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The Millennial generation often makes headlines for their spending habits, difficult marketability and the so-called “killing” of various industries; however, the generation isn’t just ending old-school trends, they’re also...

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