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In This Issue

  • Forestry and Transportation
  • Gogebic Community College's Forstry Program
  • Growth and Development at Sawyer International Airport
  • POWER U.P. Conference and the energy challenges faced in the U.P.

Latest Articles in Economy

Can Oil Break Out Of Its Narrow Band Anytime Soon?
OPEC’s decision to hold a previously unscheduled meeting next month in Algeria sparked a massive price rally, adding about $8 per barrel to WTI and Brent in short order. But Goldman Sachs says that even if OPEC does agree to something in Algeria, such as a production freeze, the move would be “self-defeating.” It

Currencies: Narrowly Mixed Greenback In Summer Churn
The US dollar is going nowhere fast.   It is narrowly mixed against the major currencies.  The market awaits for fresh trading incentives, with much hope placed on Yellen's presentation at Jackson Hole at the end of the week.  Is it too early to suggest that the build-up ahead of it is too much?  First, to the

Best Buy And Toll Brothers Post Favorable Earnings Results
We continue sweeping up Q2 earnings season this week, the end of which will have produced results from 497 of the S&P 500. This morning, we see better than expected results from Best Buy  BBY and Toll

Brexit Will Not Be An Economic Armageddon After All
It seems that the panic surrounding Britain’s exit from the EU, especially by the so-called intelligentsia, elite politicians and financial gurus, was based more on narcissism than reality. A recent article in The London Daily Telegraph makes my point for me, probably better than I could. “Brexit boom: The five

Boom, Balance Or Bust: What's Next For Oil?
Oil prices have surged more than 20 percent in the last two weeks but there is quite a bit of disagreement over whether or not the rally can continue. The spark that created the bull market was the decision from OPEC to hold an unscheduled meeting in Algiers in September to discuss a production freeze. On the one

Currencies: Euro Can't Hold The Highs
Market Drivers August 23, 2016 EZ PMI hit 7 month highs RBNZ waters down further easing Nikkei -.61% Dax 0.74% Oil $47/bbl Gold $1343/oz. Europe and Asia: JPY Flash Manufacturing 49.6 vs. 49.5 EZ PMI 53.1 vs. 53.0 North America: USD New Home Sales 10:00 The EUR/USD rose to fresh multi-week highs rising

Take Your Eyes Off The Fed And Look At These Six Charts
As we head into the end of August, people continue to parse every word and move the Fed makes.  Yellen gives a speech later this week at Jackson Hole (at an economic conference hosted by the Kansas City Fed), where her predecessor Bernanke once lit a fire under asset prices by telegraphing another round of QE.  

Forex - 3 Main Opportunities And How to Trade Them
There may not be much in the way of market moving U.S. data this week but that doesn't mean there won't be opportunities in currencies.  The main event is Janet Yellen's speech at Jackson Hole on Friday and chances are she'll echo the hawkish views shared by Fed Presidents Dudley and Fischer.  Last week's Fed

Week Ahead: Which Earnings To Watch Each Day This Week
We are drawing to the end of earnings season. No longer do we have to deal with dozens, or even hundreds of companies all releasing their quarterly earnings reports at the same time. But that doesn’t mean that there is nothing interesting going on. This quarter has so far been marked by a diversity of results. It

Mergers & Acquisitions In Headlines
Futures are down again ahead of the market open this morning, following a Friday that was awash in red until climbing toward unched in the closing minutes of the trading week. The S&P 500 is currently at 4 points,