Global Economics & Investing

By Michael Hartley CFP® | A curated collection of articles about economics, investing, and personal finance. Www.dkeadvisorsolutions.com

Can America's Economy Keep Up With Its Debt?

Here’s a view of America’s economic future that may amaze you; it certainly floored me. Over the next decade, America’s credit standing is likely to …

Economy

BOJ's Kuroda warns against premature plan of stimulus exit

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Friday the central bank should not prematurely announce plans for withdrawing its massive monetary stimulus as doing so could confuse markets.<p>"When the time for an exit (from the ultra-easy policy) comes, the BOJ will communicate its …

Haruhiko Kuroda

World stocks post best week in two years, dollar climbs

NEW YORK (Reuters) - The dollar rose and stocks around the globe rallied for a sixth straight session on Friday to post their best week in more than two years, but a U.S. indictment over alleged Russian meddling in the 2016 presidential election cooled gains on Wall Street.<p>The 37-page indictment of …

Stock Markets

ECB sees market volatility contained to stocks: Coeure

SKOPJE (Reuters) - The European Central Bank is not overly concerned by the recent bout of volatility in global markets as the adjustment has been orderly and the impact has been largely contained to equities, ECB board member Benoit Coeure said on Friday.<p>Speaking to reporters in Skopje, Coeure …

Economics

Swiss watchdog to treat some cryptocurrency offerings as securities

ZURICH (Reuters) - Many digital currency issues, known as initial coin offerings (ICOs), will be treated as securities under regulatory guidelines published on Friday by Switzerland, which has become a global leader in the hot fundraising method.<p>ICOs allow start-ups founded on cryptocurrency …

Cryptocurrency

US home construction jumps 9.7 percent in January

WASHINGTON (AP) — Groundbreakings on new homes jumped 9.7 percent last month to the highest level since October 2016, welcome news for a housing market struggling with a shortage of homes for sale.<p>The Commerce Department said Friday that housing starts came in at an annual pace of 1.33 million in …

Housing

Goldman Sees the Power of BOE Tightening Increasing Through 2018

Bank of England interest-rate increases could have a more powerful economic effect in 2018 as the U.K. gets a boost from global growth, according to …

Mark Carney

Turkey stocks higher at close of trade; BIST 100 up 0.25%

Turkey stocks higher at close of trade; BIST 100 up 0.25%<p>Investing.com – Turkey stocks were higher after the close on Friday, as gains in the Sports, …

Stock Markets

Dow posts best weekly gain since 2016 election, erases half of correction losses

The Dow posted its best weekly gain since the 2016 presidential election, a rebound that follows its biggest downturn in two years and signals that recent investor jitters over inflation have eased.<p>This past week's gain of 4.3% for the Dow Jones industrial average comes after a volatile period …

Stock Markets

The IMF Warns Trump’s Tax Cuts Could Trigger a Global ‘Race to the Bottom’

Last October, the International Monetary Fund released a paper arguing that inequality was undermining global economic growth — and thus, contrary to …

Christine Lagarde

Basic income plan proposed in the UK where everyone under 55 gets $14,000

Everyone in Britain under the age of 55 should be entitled to £10,000 ($14,127) from the government, a leading think tank has proposed.<p>The report, …

John McDonnell

Importing steel and aluminum is reportedly about to get much more expensive

The Department of Commerce is reportedly set to recommend some serious tariffs on aluminum and steel imports. <i>Axios</i> reported Friday that these …

Pat Toomey

Dollar Regains Ground Ahead Of Fed Minutes

<b>Higher US inflation fails to spark dollar revival</b><p>The US dollar depreciated across the board versus major pairs despite consumer prices rising more …

Economics

S&P 500 Earnings Update: Forward Estimate Growth Now Over 20%

This link may be the best summary of this week's earnings "action", but Factset notes pointedly that "A record number of SP 500 companies are issuing …

Investing

South Africa: the economic challenge

<b>South Africa's new president, Cyril Ramaphosa, will have a daunting in-tray, including a formidable economic agenda to tackle.</b><p>Growth under Jacob Zuma's leadership has been weak and unemployment is painfully high.<p>It is one of the most unequal countries on the planet - the legacy of apartheid is …

South Africa

Oil gains in weekly recovery on equities rebound, weak dollar

NEW YORK (Reuters) - Oil prices edged up on Friday as a rebound in the global equities market and a weak dollar supported crude's recovery from last week's slide.<p>Global stocks rallied for a sixth straight session to post their best week in more than two years. The dollar (.DXY) rose on the day but …

Oil

Dollar set for another weekly loss, euro at three-year high

NEW YORK (Reuters) - The dollar limped back from a three-year low against a basket of currencies on Friday but still marked its fifth weekly loss out of seven weeks this year, driving the euro up to its highest level since December 2014.<p>The U.S. currency has been weighed down by several factors …

Economics

South Africa Sees Fresh Start for Economy, With the Same Challenges

In the nearly quarter-century since apartheid ended in South Africa, the dominant African National Congress party has lost some of its moral authority as a vessel for lifting the fortunes of black people. To judge from furious street protests that have swept the nation, the party devolved in the …

South Africa

U.S. stock investors shrug off higher yields, for now

NEW YORK (Reuters) - Spooked one week, sanguine the next.<p>Some stock investors are drawing optimism from the market's ability to move upwards in the face of loftier yields - even though those higher yields were partly blamed for last week's violent selloff.<p>Those investors are optimistic about …

Stock Markets

Explainer: Rising U.S. inflation and what it means for markets

(Reuters) - U.S. financial markets have been roiled recently by something neither the economy nor investors have had to contend with for the better part of a decade: concerns they may soon have to reckon with rising inflation.<p>The S&P 500 (.SPX)(.INX) is down more than 7 percent from its lifetime …

Economics

Japan's economy grows at 0.5 percent annual pace in Oct-Dec

TOKYO (AP) — Japan's economy grew at a slower than expected 0.5 percent annual pace in the October-December quarter, as strong exports failed to fully compensate for relatively weak domestic demand.<p>The preliminary data released Wednesday show Japan has managed eighth straight quarters of growth, …

Economy

Economists Expect a U.K. Interest Rate Hike in May

Economists who were slow to predict the first Bank of England interest-rate hike in a decade last year now expect the next one to come in May, but …

Economics

Dollar weakens despite rise in interest rate expectations

NEW YORK (Reuters) - The U.S. dollar fell on Wednesday despite a report of stronger-than-expected inflation data and an increase in interest-rate expectations, raising the possibility that the currency is in a period of secular downturn.<p>"We are in an environment where the dollar is weakening …

Economics

Bond market braces for T-bill deluge after U.S. budget deal

NEW YORK (Reuters) - Bond traders and investors offered a lukewarm embrace this week to an expected surge in U.S. government debt supply in the coming weeks following last week's budget deal that will raise federal spending by almost $300 billion over the next two years.<p>The jump in Treasury bill …

Economy

How major US stock indexes fared Tuesday

U.S. stocks rose for the third day in a row Tuesday, led by banks, retailers and technology companies. The rebound over the last few days follows a harrowing drop of more than 10 percent over the previous two weeks.<p>On Tuesday:<p>The Standard & Poor's 500 index climbed 6.94 points, or 0.3 percent, to …

Stock Markets

U.S. inflation expectations dip after run-up: NY Fed survey

© Reuters. FILE PHOTO: Illustration photo of a U.S. Dollar note<p>NEW YORK (Reuters) - U.S. inflation expectations edged lower last month, dulling a …

Economics

China May Go Soft on Financial Risk Curbs to Shield Economy

© Bloomberg. Pedestrians walk along an elevated walkway in the Lujiazui Financial District in Shanghai, China, on Monday, Sept. 4, 2017. The Chinese …

Economy

Dalio Says ‘We’re Past the Top’ in Bonds, Sees Rising Risks of a U.S. Recession

Billionaire hedge fund manager Ray Dalio said the risks of a recession in the next 18 to 24 months are rising and bonds are past their peak.<p>In a …

Markets

Dow Jones Jumps More Than 400 Points, Still Recovering After a Big Correction

(NEW YORK) — Stocks powered higher Monday, sending the Dow Jones industrial average up 410 points, as the market clawed back more of its massive …

Stock Markets