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In This Issue

  • Business Person Of The Year
  • U.P. Business Growth
  • Eleven Michigan Hospitals Awarded For Excellence
  • Support To Rebuild Soo Locks
  • Increase In Visitors This Season

Latest Articles in Economy

Dow Down Below 25,000 Mark In Pre-market Trade
The three main stock market indexes in the U S are down this morning in fact the Dow has again dipped below the psychologically pleasing 25 000 mark in today s pre market Yet the small cap Russell 2000 index although it is also down marginally ahead of today s opening bell remains

Preparing for A Summer Swoon
A while ago, I worked for a short time as a financial advisor for a major Wall Street firm. I quickly learned that that was not the place to pursue my vision of “pulling back the curtain” on the practices and thought processes of the dealing room. That was not all I learned, though. I learned a lot about protecting

The Fed Is Driving Down Oil Prices
The U.S. dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world. The U.S. Federal Reserve announced another rate hike a few days ago, which helped edge up the dollar to a new high for the year. The

Will Cryptos Hold Up In A Major Financial Crisis?
After an epic run in 2017, much of the hoopla surrounding cryptocurrencies seems to have faded, with the majority of price movements now being driven by news and events rather than pure speculation. Long-time investors in the space will no doubt begin to ponder whether it makes sense to hold crypto now as a

Weekly Market Preview: Four Stocks To Watch For the Coming Week
U.S. equities ended Friday’s trading session lower, though a glass-half-full view would be encouraged by the fact that, not only did stocks close well off the lows of the day, it implies that investors aren’t (yet) spooked by mounting trade tensions between the U.S. and China. Another stone was cast between the two

New Highs For Nasdaq And Russell 2000
Market participants were hopeful for another strong week as of Thursday s close which brought fresh new highs to the Nasdaq and Russell 2000 Small Cap Index But we woke up this morning with futures down triple digits including the Dow looking to open 170 points from where it ended

Inflation Is Grabbing Hold
This past week the Consumer Price Index hit 2.8 % year-over-year growth, the producer price final demand index rose to 3.1 % year-over-year, import prices were up 4.3 %, and the FOMC directed the federal funds rate to be increased a quarter point. It seems like yesterday that pundits were worried about deflation.

ECB, Retail Sales And More
More Goldilocks than Goldilocks this may be the best way to describe the current economy not only here in the U S but around the globe as well This morning brought forth some new data for the markets to digest Jobless Claims Retail Sales and a new policy speech by European Central

Technology “bubble” fears don’t hold up
Upon hearing of his obituary Mark Twain famously quipped The reports of my death are greatly exaggerated A similar rebuke could be used for those claiming that technology stocks are back in bubble territory While technology stocks are having another stellar year in an otherwise

Dodd Frank Rollbacks Are Behind Us; What's Ahead?
Kurt Schacht, JD, CFA, Managing Director, CFA Institute Just a decade after the global financial crisis threw the United States into a recession that devastated the markets and sapped retirement accounts, Congress freed thousands of smaller banks from what were widely viewed as onerous regulation as part of the