Weekly Economic Report
We fear that the US equity market may be out over its skis based on unreasonable expectations about monetary policy. Until the stronger than expected retail sales report came out, investors had almost four easings by the Federal Reserve priced into both fixed income and equity markets over the next year. At the recent mid-year monetary policy discussions with Congress, Powell essentially ... read more »
Weekly Economic Report
We were out west most of this week, attending the Global Interdependence Center’s 11th annual Rocky Mountain Economic Summit in Victor, Idaho, across the Teton pass from Jackson Hole, Wyoming. This is one of our favorite events all year, as it brings together an interesting and varied audience of economists, financiers, and entrepreneurs. read more »
Weekly Economic Report
Our immediate reaction to the widely anticipated Trump-Xi meet at the G20 is that it accomplished the absolute minimum necessary to produce a positive spin in media both in the US and China. Xi promised to buy more agricultural goods, reiterating promises already made but postponed before the meeting, boosting Trump in key states and reducing the need for further farm bailouts. read more »
Top 50 Brokers of 2013
McVean Trading & Investments was a part of Futures magazine's annual Top 50 Brokers list. read more »
For markets and his city, commodities trader Charles McVean looks ahead
Charles McVean is featured in the Commercial Appeal. read more »