Nightly Business Report – December 19, 2018 Tonight on Nightly Business Report, the Fed hikes interest rates and lowers its forecast for future rate hikes but that didn’t alleviate investor angst.
Brett F. Ewing on CNBC Street Signs
Fed has ‘put themselves in a box,’ shouldn’t hike today: Strategist “We don’t feel there’s any reason to hike today,” Brett Ewing, chief market strategist at First Franklin, told CNBC’s “Street Signs Europe” on Wednesday. “I think the Fed has put themselves in a box and guided the market into this hike.”
Don’t buy FAANG, there are better options: Brett Ewing
Don’t buy FAANG, there are better options
Brett F. Ewing on Reuters TV
Stocks fell Friday despite a strong October jobs report. First Franklin Financial’s chief market strategist tells Reuters’ Fred Katayama stocks are still in a correction phase.
Brett Ewing on Money Radio: Fed Preview
Brett Ewing on Money Radio
China isn’t prepared for a trade war with America.
China Will Lose The Trade War With America, And That’s Good For Its Citizens China isn’t well prepared to fight a trade war with America. For a couple of reasons. One of them is that its economy is slowing, as it faces the “middle income trap,” and the Lewis turning point. The income trap is a situation where a country’s growth …
Wall Street has Other Things to Worry about Besides Trade Tariffs
“The question will be whether Trump will accept reduced tariffs and a gradual change in the joint-venture rules in China for a PR win or if he will push for more real change that Xi cannot immediately give,” says Ewing.
Brett Ewing on Nikkei CNBC Japan
Barring a FED misstep, we continue to believe we are in a global economic expansion that started in 2016. This expansion has been given pause by trade wars and a rising dollar, both of which we expect to stop sometime in the second half of the year and give way to the continuation of the expansion.