Earnings Calendar for the week ahead (all times ET)

by yohansolo20 Monday Earnings: Citigroup, Wintrust Financial, J.B. Hunt 8:30 a.m. Empire state survey 8:50 a.m. New York Fed President John Williams Tuesday Earnings: Goldman Sachs, J.P. Morgan, Wells Fargo, Johnson & Johnson, Charles Schwab, Domino’s Pizza, CSX, United Airlines, First Republic Bank, First Horizon, Commerce Bancshares, Canadian Pacific Railway 8:15 a.m. Fed Governor Michelle Bowman … Read more

Microsoft Teams overtakes Slack with 13 million daily users. And they’re growing faster

Microsoft Teams overtakes Slack with 13 million daily users – Microsoft is finally revealing exactly how many people are using its Slack competitor Microsoft Teams. The software maker says that more than 13 million people are using Microsoft Teams daily, along with more than 19 million weekly active users. This is the first time Microsoft … Read more

Negative Bond Yields, an explanation

This is from this Bloomberg article The Black Hole Engulfing the World’s Bond Markets A bond can have a modestly positive coupon when issued by a government, institution or company, but once it starts trading, high demand by investors can push its price up — and therefore its yield down — to such an extent that … Read more

Major U.S. Economic Announcements – Week of 7/15

by Scottyzredhead   This is what we have to look forward to next week (Times are in EST): Tuesday, July 16th • (8:30am) Retail Sales Numbers for the month of June – (Previous Month +0.5%) • (9:15am) Industrial Production Numbers – (Previous Month +0.4%) • (10am) Business Inventories for May – (April Growth +0.5%) • (10am) NAHB … Read more

Things could get very ugly for world economy

things could get very ugly for world economy pic.twitter.com/I7FrZ9c5Vt — Alastair (@StockBoardAsset) July 12, 2019 so much for the 2h19 rebound pic.twitter.com/LIq9ifbjPv — Alastair (@StockBoardAsset) July 11, 2019 April 1, 2019: "Fed’s Kashkari Says It Isn’t Time to Cut Rates" – WSJ July 11, 2019: "Fed’s Kashkari: Quarter Point Cut Would Not Be Enough Of … Read more

Singapore Sends an Alert to the Investing World

via Yahoo: (Bloomberg Opinion) — Temasek Holdings Pte is bringing back into vogue a six-year-old doomsday idea: secular stagnation. The concept of a persistent downturn that doesn’t respond to easy money featured in the Singapore state investment firm’s annual report for the first time since 2016, one of three possible troubling scenarios alongside a hard … Read more

The Fed Appoints Itself Bubble-Sustainer in Chief

by Alexander Trigaux, Editor, GoldSilver.com   Federal Reserve chairman Jerome Powell has utterly given in to external market pressure to pump air into The Everything Bubble… Fresh off his capitulation in December to stave off The Great Recession Part 2 by ceasing the Fed’s rate-raising, now he is greasing the rails toward 0% interest rates again, an … Read more

Why Deflation Is a Real Risk in the Coming Years

via livewiremarkets: If bond yields were the litmus test it would be easy to believe that inflation in most countries is at zero or below. Bonds should provide investors with a real return from the income yield, but this is not the case. The graph highlights the steady downward trend in benchmark 10-year yields over the … Read more

The Economics Of South Park

Authored by Emmanuel Sessegnon via The American Institute for Economic Research, People love South Park. In an age where shows attempt to avoid controversy at all costs, South Park co-creators Trey Parker and Matt Stone practically go out of their way to find it.  When asked by the Huffington Post which group they have angered the … Read more

Liquidity Crisis at Woodford Equity Fund Is Symptomatic of Systemic Problem, Bank of England Warns

$30 trillion of assets globally are held by similar open-ended funds. By Nick Corbishley, for WOLF STREET: The Bank of England warned on Thursday that “financial stability risks are increasing” from giant open-ended funds, which are estimated to hold some $30 trillion in assets globally. These funds are vast sources of financing for the real economy but … Read more

“Where the American Dream Goes to Die”: Changes in House Prices, Rents, and Incomes since 1960 by Region & Metro

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter How out-of-whack is the discrepancy in growth between incomes, rents, and house prices? The “San Francisco Housing Crisis,” as it’s called on a daily basis, is an extreme. But housing costs in major urban areas in the US have been eating up more and more of household incomes, as house prices … Read more

Left’s Death Threats against Mini-AOC

by Martin Armstrong The peaceful left has made death threats against Ava and her family for her imitation of AOC. Her family posted this on Twitter and announced that they have deleted all posts because the right to freedom of speech does not exist if you disagree with the left.  

When this happens, the stock market goes up 100% of the time

by Troy The market expects a Fed rate cut soon as the stock market pushes to new highs. Today’s headlines: Fed rate cut AAII sentiment Volatility of volatility Using copper to trade stocks Are bonds and interest rates reversing? Go here to understand our fundamentals-driven long term outlook. For reference, here’s the random probability of the U.S. stock … Read more