via MarketWatch: The number of U.S. companies whose bonds have a BBB credit rating is rising, and the risk of them being downgraded to “junk” is increasing, as they report pinched profits and lower revenue growth, Goldman Sachs analysts said in a weekly note to clients. While Goldman analysts don’t expect a deluge of downgrades … Read more
Today's #Treasury GCF #Repo hit 2.46%. Might not seem like a lot given what we've seen this month, but… It's the largest 1-day month end "turn" for that index in over a decade. Despite.. Everything. #NotGood https://t.co/6vd6CLkMfH#rates #market #bonds https://t.co/sMWtgnhC3U pic.twitter.com/5GB7PlKyGO — Monday Morning Macro (@MacroMorning) September 30, 2019 Quite the ride for funding spreads … Read more
by TraderStef via CrushTheStreet (connect with TraderStef via Twitter or at TraderStef’s website) FIRE is a lifestyle choice that has captured a decent amount of media attention. I purposely juxtaposed the title of this article with what the FIRE acronym is supposed to represent, with an image that may elicit a stereotypical thought that may be in opposition to FIRE in the … Read more
BREAKING: CHIEF LAW ENFORCEMENT OFFICIAL WORKS TO ENFORCE LAW: Attorney General Barr Personally Asked Foreign Officials To Aid Inquiry Into CIA, FBI Activities in 2016. Attorney General William P. Barr has held private meetings overseas with foreign intelligence officials seeking their help in a Justice Department inquiry that President Trump hopes will discredit U.S. intelligence agencies’ … Read more
NYC restaurant industry jobs evaporate after $15/hr wage sets in. Last December, the final phase of increasing the minimum wage in New York City to $15 per hour went into effect. (Well, at least the last stage for now.) It was considered a huge victory for the Fight for 15 crowd and, presumably, a big … Read more
On Monday, a federal judge dismissed a lawsuit filed by four states against the IRS, thwarting four blue states’ challenge against a new $10,000 cap on the deduction for state and local taxes, also known as SALT. Those states — New York, New Jersey, Connecticut and Maryland — sued the Treasury Department, Treasury Secretary Steven … Read more
by Xeven A President is the Chief diplomat of our nation. He was acting in official capacity during a scheduled official communication with the Ukrainian President. All conversations that occurred during that diplomatic event were not political. Campaigning, campaign were not mentioned. He was not acting in anyway to support a campaign which Biden is … Read more
by fuzzyaces WeWork has been all over the news lately and I thought it would be an interesting pause to actually take a deep dive into their financial statements to really dig in and see what made this another one of silicon valley’s unicorns. One comment at the outset is that I’m going to side-step … Read more
by takeasecond Data comes from here. Graph was made with R using ggplot2 & fiftystater packages.
