by SmartTipsConsultants | Aug 18, 2018 | Economic News
Major U.S. companies including Walmart and Cisco are confirming positive GDP macro data by posting their strongest financial results in many years. The reports indicate broad-based strength in the domestic economy. Walmart said Thursday that it had generated its...
by SmartTipsConsultants | Aug 16, 2018 | Economic News
U.S. retail sales rose more than expected in July as households boosted purchases of motor vehicles and clothing, suggesting the economy remained strong early in the third quarter. The Commerce Department said on Wednesday retail sales increased 0.5 percent last...
by SmartTipsConsultants | Aug 15, 2018 | Economic News
Chinese investors in public funds will likely increase their investments in fixed income products in the next five years, while allocation to stocks will remain relatively low, according to John Ott, Shanghai-based partner at Bain. The country’s high net worth...
by SmartTipsConsultants | Aug 14, 2018 | Economic News
ADNOC Distributions, UAE’s biggest fuel retailer, told CNBC there is good progress on expansion in the region. The company, which debuted on the Abu Dhabi Securities Exchange at the end of 2017, posted a net profit of 581 million dirhams ($158.2 million) over...
by SmartTipsConsultants | Aug 13, 2018 | Economic News
Current U.S. bond yields are not reflecting deteriorating price stability. A strongly growing U.S. economy and a tame inflation are now beyond reach. The pace of Fed’s monetary tightening is unacceptably slow. Wall Street’s bond trading last week ended up on an...
