by TacAirlifter Here’s a weekly tracker for economic announcements/updates to guard against (or prepare) our portfolios (or whatever the hell you call the pot of money you work with): Note – all times are in Eastern Standard Time Monday, Jul 1 – Fed Reserve Vice Chair Richard Clarida speech (2:15 AM): “The Federal Reserve’s Review of … Read more
German lender is said to plan global cuts as from early July Equities cuts expected to be part of broader job dismissals https://bloom.bg/2FEEL2B DB is up over 2% on this announcement. Ford was up over 2% on yesterday’s job cut announcement… That’s expected to be nearly 20,000 jobs (not all USA). Add that to … Read more
https://finance.yahoo.com/news/u-dominates-second-quarter-global-052411365.html NEW YORK/LONDON (Reuters) – Mega deals set the pace for mergers and acquisitions (M&A) globally in the second quarter of 2019, as large U.S. companies defied trade row jitters and seized on strong equity and debt capital markets to agree on transformative combinations. Global M&A volume reached $842 billion in the second quarter, down … Read more
via @NorthmanTrader: By going full freak mode printing a new all time in M1 money supply, the biggest one month jump in years. Many times the biggest jumps in M1 come when markets are under stress. but hey….it keeps working…
by east_off Quick background. I got my first credit card by accident. I thought I was filling out a “loyalty card” at Cabelas. Ended up being a line of credit. I was 23. 4 short years later and married with a baby girl, I find myself with $16,000 in credit card debt. I actually saved … Read more
House Democrats will vote Thursday on a clean Senate-passed bill to address the border crisis, marking a blow to Speaker Nancy Pelosi (D-Calif.) and liberal lawmakers who had demanded additional protections for migrant children. Rep. Henry Cuellar (D-Texas), a border lawmaker, announced the plan as he emerged from an emergency meeting in Pelosi’s office in the Capitol. … Read more
by chartr pple has a lot of cash saved up and sitting around, but yesterday it dipped into its piggy bank to buy a self-driving car company. So what else could Apple afford to buy? To put into context just how much spare change Apple has, here are 4 companies that Apple could theoretically buy … Read more
via UPFINA: With the disappointing new home sales report we discussed in a previous article and the disappointing headline durable goods orders reading we will discuss in this article, the U.S. economy has seen a continuation of economic reports not meeting estimates. As you can see from the chart below, the U.S. economic surprise index is at -68.1 … Read more
via @Trinhnomics: Well, well, well, the usual suspects: a) NIRPers hunting for yield & in this case GROWTH ➡️🇯🇵is the #1 global creditor so it gets to age gracefully & deployed the MOST CAPITAL GLOBALLY, yes, the Japanese funding 🇻🇳
