American Household Wealth Falls $1.49.3 Trillion Losing $3.0 trillion in Stocks in Q1 2022

Americans’ household wealth took a hit in the first quarter of 2022, it fell to $149.3T. Stock prices fell sharply off record highs after the Federal Reserve began talking of QT and raising rates to combat inflation. Global economy slackness from the Russian invasion of Ukraine and Chinese Covid lockdowns also impacted asset prices negatively. Still Household Net Worth was up $12.706 TN (9.3%) over one year and $37.830 TN (33.9%) over three years – in history’s greatest inflation of … Continue reading “American Household Wealth Falls $1.49.3 Trillion Losing $3.0 trillion in Stocks in Q1 2022”

How Effective Are President Trump’s Tweets in Moving Market Expectations.

President Trump is a proficient tweeter, but is he an efficent tweeter. If you trade you are well aware of the affect and volatile reaction. However do the tweets move the markets as much as you think? Goldman did a study and shared the results. What moves the markets?

As Russia Probe Drags on Putin Says Hasn’t Decided if Running Again

Apparently Russian President Vladimir Putin has not decided he will run for re-election in March 2018. For a guy who hasn’t relinguished any power since he headed the KGB this seems doubtful.  Also today Senate Intelligence Committee head Burr said “Can certifiably say no vote totals were affected as a result of Russia”