Weekly Economic Report
Concerns about North Korea dominated the markets this week with heated rhetoric between the President’s “fire and fury” and North Korea’s threats against the US installations on the island of Guam. Much like the earlier nuclear threats from Iraq under Saddam Hussein or Iran under the Ayatollahs, the immediate and direct risk to the US from North Korean nuclear capabilities ... read more »
Weekly Economic Report
The annual gathering of creative thinkers on economics, finance and policy known as Camp Kotok was held over the past five days at Leen’s Lodge in Grand Lake Stream, ME. This event always coincides with the release of the August employment report – and there is often a clustering of attendees ready to comment at the data’s release on Friday morning. read more »
Weekly Economic Report
When we get a new quarter of GDP data we like to look first at profits and secondly at sector balances to see if they can tell us where we are in the economic cycle. The 2.6% growth rate for the first quarter was roughly as expected, but downward revisions to the first quarter and 2016 redrew the recent path for the economy. Profits have been decent, averaging 8.9% of GDP. read more »
Weekly Economic Report
A series of recent meetings and announcements from China are illuminating the path President Xi will follow in his upcoming second – and perhaps not final -- five years in office. Heading into the allimportant 19th Party Congress, economic statistics continue to run stronger than expected – both the headline measures that investors deride and more verifiable industry and sector ... 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 »