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First Quarter GDP Revision Hints at Strong Second Quarter

US first quarter GDP for 2016 was revised up to show seasonally-adjusted growth of 1.1%, up from last month’s revised reading of 0.8%. The Commerce Department’s third reading came in higher than the expected revision of 1.0%, giving markets a

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Subprime Credit Scores Reach Lowest Level Since the Great Recession

The Wall Street Journal released a report showing that the percentage of adults Americans with subprime credit reached a new low in the wake of the Great Recession recovery. Subprime borrowers now make up only 20.7%, the lowest since Fair

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Net-Neutrality’s Market Effect

The US Court of Appeals for the District of Columbia Circuit just upheld a ruling that helped President Obama keep one of his 2008 campaign promises. During his re-election campaign, Obama promised to maintain net neutrality for the internet. Today,

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S&P 500 On Knife’s Edge Ahead of Federal Reserve Meeting

With the Federal Reserve voting members set to meet later in the week, risk assets and equities in particular are pulling back ahead of the critical decision which could give hints about the future of interest rates.  While the S&P

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Amazon Doubles Down on India

This week India’s Prime Minister Narendra Modi was at the White House meeting President Barack Obama to strengthen ties between the world’s two largest democracies. The two countries are in the midst of forging a larger scale political and economic

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Japanese GDP Upgrade Fails to Lift USDJPY

A stronger revised result for Japan’s first quarter gross domestic product was greeted with cautious optimism from markets, but still underscores the challenges facing Japanese officials as they attempt to restore the economy. Following nearly two decades of stagnation, the

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Trump’s Politics Hurting His Business

A recent research report from Pricenomics analyzed travel site Hipmunk’s data to show that bookings at Trump properties during the first quarter of 2016 were down -59.3% year-over-year. This drop in bookings shows that a global movement to boycott his

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Oil Prices Rise Ahead Of OPEC Meeting

After a whipsaw year for crude oil prices which saw the West Texas Intermediate blend fall below $30.00 per barrel for the first time since 2003, prices have been back on the rebound towards $50.00 per barrel after the wide

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