Breaking news, updates, and reports on current events.
by Shaun Richards The next two weeks look set to bring a situation you might not expect. After all Japan has built a reputation as the “leader of the pack” as the Shangri-Las would put it in terms of monetary policy easing. Except that it is now facing a situation where it looks set to … Read more
NEW DELHI—The hottest phones for the world’s next billion users aren’t made by smartphone leaders Samsung Electronics Co. or Apple Inc. In fact, they aren’t even smartphones. Millions of first-time internet consumers from the Ivory Coast to India and Indonesia are connecting to the web on a new breed of device that only costs about $25. The gadgets look like the inexpensive Nokia Corp. NOK +1.07% phones that were big … Read more
The U.S. Army has been quietly conducting a new classified operation involving at least 10 UH-60 Black Hawks in and around Washington, D.C., for months. This mission came to light after the service asked Congress to shift $1.55 million in funds from one part of its budget to another in order to support the operations … Read more
https://www.cbp.gov/newsroom/national-me…order-wall WASHINGTON – U.S. Customs and Border Protection has completed construction of approximately 50 miles of new bollard wall projects authorized by funding from fiscal years 2017 and 2018. Since January 2017, the Department of Homeland Security (DHS) and U.S. Customs and Border Protection (CBP) have received funding to support construction of up to approximately … Read more
Millionaire investors remain bullish on the stock market and economy, according to a survey conducted by E-Trade Financial and provided to CNBC. A majority of self-directed investors with $1 million or more in a stock trading account think stocks will continue to rise through the end of the third quarter 2019. Most of these affluent … Read more
by markyu007 Bridgewater’s Pure Alpha fund, which tries to follow and capitalize on macroeconomic trends, lost 4.9% in the six months ended June 30, the FT reports. The hedge fund, founded by Ray Dalio, reportedly suffered tough losses in January but has recoup some of that decline in July. The Pure Alpha fund was down … Read more
WSJ Article A deal, covering a portfolio of patents and staff valued at $1 billion or more, could be reached in the next week, the people said—assuming the talks don’t fall apart.
by takeasecond Data is from here Graph made with R and ggplot.
Netflix shares are down about 11 percent in after-market trading. The reason Netflix shares are falling is because international net additions were 2.8 million. Analysts thought that number would be 4.8 million. Netflix shares are tanking almost 11 percent after-hours following the company’s Q2 earnings report on Wednesday afternoon, but before you get wrapped up in false narratives, … Read more
Source: ThinkTankCharts @Twitter
Indian shares fell to their lowest since mid-May on Monday, dragged by banking bellwether HDFC Bank Ltd after it reported a slowdown in loan growth and a hit to asset quality. https://in.reuters.com/article/india-sensex-nifty-stocks/nifty-sensex-fall-hdfc-bank-plunges-as-bad-loans-rise-idINKCN1UH0EC
via NYT: WASHINGTON — Growing distrust between the United States and China has slowed the once steady flow of Chinese cash into America, with Chinese investment plummeting by nearly 90 percent since President Trump took office. Chinese foreign direct investment in the United States fell to $5.4 billion in 2018 from a peak of $46.5 … Read more
by SP JHK takes apart the up coming testimony of Mueller. And it ain’t pretty. Though Mr. Mueller’s final report asserted that the Russian government interfered in “a sweeping and systemic fashion” to influence the 2016 election, the 450-page great tome contains zero evidence to support that claim. Mueller’s conclusion was held up by two tent … Read more
via WSJ: It is unclear whether fine-tuning rates will be enough to revive decade-old expansions Central banks world-wide are poised to unleash some of the most aggressive monetary stimulus since the financial crisis a decade ago. But the circumstances are different now, with policies aimed more at breathing life into decade-old expansions rather than at … Read more
via forbes: Last week the Federal Reserve drained another $7 billion from the banking system. The Federal Reserve should not be executing monetary policy with an eye on the stock market. Most on Wall Street expect the Federal Reserve to cut the federal funds rate by 25 or 50 basis points on July 31. … Read more
by -Johnny- This is my view of SPY in the next coming weeks. The week of 8/5, that might be the most important date. This does not mean we can’t break down before then but the chart it pointing towards that’s the week. *Do not buy puts based off of that date.. As you can … Read more
Large June rise in private sector liquidity may reduce odds or delay necessary US #QE4. Not the backdrop for a weak USD. And China’s #PBoC already easing again. World economy set to weaken further over coming months. Yield curves beginning to steepen.act@liquidity.com for data pic.twitter.com/etL2h5QbAH — CrossBorder Capital/ GLIndexes (@crossbordercap) July 16, 2019 Chart: Producer … Read more
Netflix, FX and Annapurna Pictures are among the Hollywood companies that are parting ways with Peggy Siegal, a movie and television publicist who reportedly used her connections to get multi-millionaire and accused child sex trafficker Jeffrey Epstein into splashy premieres and parties. …She was let go following stories in the New York Times and the … Read more
