China's PMI back towards Feb lows where the world saw green shoots. pic.twitter.com/Kwu4DX2WCe — Teddy Vallee (@TeddyVallee) October 31, 2019 China’s Factory Shrinks at Sharper Pace, Services Weaken as Risks Grow Factory activity in China shrank for the sixth straight month in October and by … Chinese listed #steel makers see profits slump 30%-70% in … Read more
In 8 of the 9 times Chicago PMI has printed today's level it came with a Recession. pic.twitter.com/WtgIMkYu94 — Not Jim Cramer (@Not_Jim_Cramer) October 31, 2019 Worst Chicago PMI since 12/2015. But that's okay. This isn't a pre-#recession period. It's a "mid-cycle correction" right? You know, 124 mos. into the longest expansion in history – … Read more
Authored by Laura Frost via BondVigilantes.com, Financial markets can be a scary place for investors. The US economy is now in its longest expansion on record, the world is seeing record level of total debt and now even some corporate bonds have negative yields. If you’ve carved a pumpkin, got your Halloween costume and been to … Read more
Crisis-hit Boeing faced fresh safety concerns Thursday, as the firm admitted cracks were found in up to 50 of its popular 737NG planes following worldwide inspections. Boeing had previously reported a problem with the model’s “pickle fork” — a part which helps bind the wing to the fuselage — prompting US regulators to order immediate … Read more
by Lance Roberts Just recently, CNBC ran an article touting the call of “Billionaire Investor Ron Baron” of the Dow reaching 650,000 in just 50-years. Billionaire investor Ron Baron sees the Dow at 650,000 in 50 years https://t.co/oPElm0nrHT — CNBC (@CNBC) October 25, 2019 As noted in the article: “Speaking from his annual investment conference in New York, Baron predicted … Read more
by Dave Kranzler of Investment Research Dynamics The degree to which Elon Musk manipulates GAAP accounting in awe-inspiring. That the various regulators in charge of protecting investors allow Musk to commit accounting fraud is shocking. Note: The commentary below is an excerpt from the latest issue of the Short Seller’s Journal. It’s based on Tesla’s earnings press release. In the … Read more
David Moadel, Released on 10/30/19 David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master’s degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help … Read more
by Shaun Richards Some days an item of news just reaches out and grabs you and this morning it has come from the increasingly troubled Hong Kong. We knew that there would be economic consequences from the political protests there but maybe not this much. The Census and Statistics Department (C&SD) released today (October 31) … Read more
https://twitter.com/RealSaavedra/status/1189714480483176449
Scientific and technological progress often brings plenty of benefits for the average person, but sometimes, there are unintended consequences. As modern vehicles become more advanced, these consequences have become more clear than ever. A recent report from Ars Technica highlights some of the issues associated with renting or buying a “connected vehicle” from a third party. In … Read more