Category Archives: Speculator

August Correction?

Category: Newsletter, Speculator, Stock Market | No Comments

Our June outlook was for continued gains throughout July until the Federal Open Market Committee (FOMC) meeting July 30th when a rate cut would be announced. With the market fixation on the Bullish high odds prospect of a Fed Funds rate cut to 2.25 percent, there were no news events…

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The Empire Falls: Economy Stumbles

Category: Newsletter, Speculator, US Economy | No Comments

Since 2001 the New York Federal Reserve has compiled a manufacturing survey of the NY Empire State. It moves in step with most other Fed district surveys and provides a good measure of the industrial sector.  After rising from a near recessionary collapse in early 2016 to historic growth and optimism in 2017 and 2018, the Empire…

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