Weekly Economic Report
The highly contested midterm elections are over and the results produced something for everyone. Our strongest takeaway is that Red states became more red and Blue states became more blue, as the country continues to filter itself into two distinctly opposed camps. read more »
Weekly Economic Report
Another blockbuster employment report signals that the economy continues to grow at over 3% -- well in excess of potential – ensuring that the Federal Reserve will raise interest rates again in December. We expect increases in March and June as well, in line with their earlier indications that there will be three hikes in 2019. read more »
Weekly Economic Report
Equities markets had another rocky week, but there is no consensus as to why US stocks are now near correction levels. A cacophony of voices is blaming everything from the Federal Reserve, to deficits, to tariffs, to peak earnings, to algorithmic trading, to international instability, etc…. Bottom line, while everyone agreed that the market rose late last year due to tax cuts (compounding ... read more »
Weekly Economic Report
The big news this week was that the US budget deficit for FY2018 had grown by 17% to $779 billion. The anticipated deficit for FY2019 pushes $1 trillion. 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 »