New Aged Wealth

04/19/2021

New Podcast Ep. 2 "Educational sustainability and COVID-19"

Are schools keeping up with COVID protocol?

10/09/2020

This is GOLDEN, Our first video is up & we’re imagining if we had a few seats in the central banking system, how would we react to this pandemic & countries and their economies??? GREAT JOB Rodney Hunter

10/08/2020

We're discussing the Trade Gap

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $67.1 billion in August, up $3.7 billion from $63.4 billion in July. U.S. International Trade in Goods and Services Deficit Deficit: $67.1 Billion / +5.9%° Exports: $171.9 Billion...

10/05/2020

So we've talked about inequality measurement in the United States, to fully study the relationship between changes in the household distribution of income and growth in income.

To measure inequality, we need to decide on our measurement yardstick. That is, whose standard of living are we measuring and how are we going to measure it and update it over time? The various summary statistics are helpful if the measure is well defined. To truly understand inequality measurement, the following questions should be answered.

What: Which resource measure will be used?

Who: Whose income is being measured?

When: What time period is used, and which inflation measure?

Where: How do we adjust for differences by geographic location?

Why: What is the purpose of these measures?

How: Which summary statistics?

To measure inequality, we need to decide on our measurement yardstick. That is, whose standard of living are we measuring and how are we going to measure it and update it over time? The various summary statistics are helpful if the measure is well defined. To truly understand inequality measurement,...

02/26/2019

01/30/2019

The EURUSD moved higher in the European session, but in doing so, the pair reached the 100 day moving average at 1.14476, and found sellers leaning against the area. The high reached 1.1449. Little momentum on the break. Buyers turned to sellers!!

01/18/2019

https://on.mktw.net/2D9LFMo

With many of its supportive themes for the U.S. dollar dissipating as 2018 draws to a close, currency analysts are beginning to brace for a weaker buck in 2019.

01/07/2019

Upcoming Economic Events for Today - Good Morning America
For more events and real-time market data go to www.newagedwealth.com

01/04/2019

Bank of America / Merrill Lynch on where to for FX in 2019
https://www.forexlive.com/news/!/bank-of-america-merrill-lynch-on-where-to-for-fx-in-2019-20190103

OK, time for some real quick snippets from bank views for the coming year
BoA / ML are looking for a weaker USD this year
- stronger euro
- stronger yen

OK, time for some real quick snippets from bank views for the coming year  BoA / ML are looking for a weaker USD this year - stronger euro - stronger yen

01/03/2019

EUR/USD highs currently capped by 38.2 retracement level. While the focus of the currencies market has been on the flash crash, EUR/USD continues to do its own thing by ranging between the 1.13 and 1.15 handle still.

01/02/2019

EUR/USD was like this earlier before equities sentiment deteriorated further and Eurozone PMI prints did little to lift the doom and gloom rhetoric that surrounds the economy as we look ahead this year. That sent the pair down to a low of 1.1429 before tracking around

12/30/2018

After two oversized trading ranges, today saw up and down price action but the low/high trading ranges were more contained. The major indices are ending the session with mixed results.

The final numbers are showing:
The S&P index fell -3.24 points or -0.13% at 2485.61
The Nasdaq index rose 5.03 points or 0.08% at 6584.25
The Dow fell -77 points or -0.33% at 23061.79
For the week, the major indices ended up with modest gains.

The S&P index rose 0.74%
The Nasdaq rose 0.86%
The Dow rose 0.89%
For the month, the indices are still down big:
The S&P index is down -9.94%
The Nasdaq is down -9.94%
The Dow is down -10.18%
The large declines this month have sent the major pairs into the red for the year with one more day of trading:
The S&P index is down =7.03%
The Nasdaq is down -4.62%
The Dow is down -6.70%