Recent Posts

Kudlow says progress in US-China trade will happen ‘very quickly’

Joshua Roberts | Bloomberg | Getty Images Larry Kudlow, director of the U.S. National Economic Council, speaks to members of the media outside the White House in Washington, D.C., U.S., on Tuesday, Nov. 13, 2018.  Trade negotiations between the U.S. and China will yield immediate results that will come even …

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Costco downgraded as members-only retailer faces higher sales hurdles

Daniel Acker | Bloomberg | Getty Images A woman shops at a Costco Wholesale Corp. store in East Peoria, Illinois. Tougher sales comparisons and food price deflation at Costco will cut into performance in 2019, according to Citigroup, which downgraded the membership-only retailer to neutral on Monday. Citi analyst Kate …

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To make the bullish case for 2019, Wall Street looks to the mid-1990s

It’s been a hard-fought and often-frustrating year for stocks. A gaudy display of corporate-profit growth, a huge tax cut, an acceleration in the U.S. economy and record share buybacks have been enough to push the S&P 500 only a few percent into the green for 2018 — after two separate …

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