Month: December 2017

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  US tax reform vote coming soon but it sounds like it's a formality

  Collins and Corker will support the bill The S&P 500 hit a record and futures point to another 10 points higher at the open. The[...]
  2017-12-18 20:47:15

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  South Africa ruling party to select new leader shortly

  Vote due at 5 pm local time Results of the ANC's leadership vote are due at the top of the hour. The ruling party has[...]
  2017-12-18 20:47:08

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  US stocks open with strong gains

  Major indices race higher on tax reform confidence The major stock indices have strong gains in the first 1/2 hour of trading; The gains are[...]
  2017-12-18 20:47:08

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  NAHB housing market index 74 vs 70 expected

  Housing sentiment survey from the National Association of Home Builders - Highest since 1999 - Prior was 70 (revised to 69) I think US housing is[...]
  2017-12-18 20:47:08

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  Ramaphosa appears to win ANC leadership in South Africa

  Media reports Opposition leader tweeted "it's a boy!" in the contest between Ramaphosa and rival candidate Dlamini-Zuma, who was the ex-wife of Jacob Zuma. Copyright[...]
  2017-12-18 20:47:08

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  The accountants are already finding loopholes in the tax bill

  Forget about that $10,000 cap on deductions in state and local taxes Workarounds are in the works for the $10,000 limit on state and local[...]
  2017-12-18 20:47:08

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  Parts of a passenger train fall off bridge in Washington state

  Amtrack derailment A major emergency appears to be underway in Washington State. An Amtrack passenger train has derailed while crossing an overpass. Looks like an[...]
  2017-12-18 20:47:08

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  European indices end the day with impressive gains

  10 year yields are unchanged to lower. GBP is the strongest. The USD is the weakest. The European major stock indices are ending with impressive[...]
  2017-12-18 20:47:08

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  Ramaphosa narrowly wins South African ANC leadership race

  Cyril Ramaphosa wins The new leader of ousted leader Jacob Zuma's party is Cyril Ramaphosa, who is one of the richest people in the country.[...]
  2017-12-18 20:47:08

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• 
  Nasdaq ticks above 7K for the first time

  Trades up 0.94% at 7002.91 Another milestone for the US stock market.  Technically, the price of the Nasdaq index moved above a topside trend line[...]
  2017-12-18 20:47:08

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