Breaking news, updates, and reports on current events.
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 🇻🇳
via @OddStats: That’s GOT to be GREAT news, right? Right? Here are the best Jan-to-Jun $SPX returns ever and then how it did the rest of the year.
While ISM Manufacturing looks ripe for another (material) drop next, cyclical equities don't care. Maybe as market participants seem to believe that Jerome Powell will save the equity momentum another day? Our weekly editorial here -> https://t.co/pRqwr57ZkM pic.twitter.com/24hK45bqUB — Andreas Steno Larsen (@AndreasSteno) June 28, 2019 stocks post best 1H in 20 years on rate … Read more
via @hks55: Dec 1928 big initial sell off. We had that Dec 2018. Q1 explosion higher 1929. We did that. Q2 1929 was sideways. We did that also. July and Aug 1929 last explosion higher. High early sep 1929. Down 50% by Nov.
Josh Sigurdson talks with Kingsley Edwards about the recent announcements by Facebook regarding their Libra cryptocurrency which many are projecting will be a digital dollar to Bitcoin’s digital gold. Young people are not buying this desperate move to remain relevant and the background is sketchy to say the least. Considering Facebook’s behind the scenes … Read more
by Chris Kimble Are investment grade bonds peaking? Some conditions suggest its possible, says Joe Friday! This chart looks at Investment Grade Bond ETF (LQD) over the past 10-years. LQD has moved sharply higher since the lows in December of 2018. The rally has LQD testing its 2015 and 2016 highs. While testing these highs its optimism … Read more
Ford is getting ready to cut 12000 jobs in Europe by the end of 2020. The regulations are hurting auto manufactures. Pending homes sales tick up, which means the rate freeze is helping, once the rate cut is initiated and stimulus is reintroduced the [CB] economy will stabilize. Trump has been tweeting out the economic … Read more
The [DS] is pushing free health insurance for all migrants, they just showed their hand. The Mueller testimony is a propaganda stunt and is planned to keep the real questions away from Mueller. Trump’s attorney uncovers more evidence on Clapper. The Supreme Court has blocked the citizen question from the census. AOC stages photos on … Read more
via Zerohedge: More American renters now believe that owning a home is “financially out of reach”, according to the WSJ. In a new survey set to be released by Freddie Mac, just 24% of renters said it was “extremely likely” that they would ever own a home. This is 11% lower than four years ago. Of those surveyed, … Read more
by visualcapitalist Today’s tech founders have unique insights into the evolving arena of innovation and are keenly aware of why some companies succeed more than others. Many have worked with multiple startups and have gone on to invest in successful tech unicorns. This week’s chart comes from First Round’s State of Startups 2018 survey, in which 529 founders … Read more
BY JOHN RUBINO In his latest report, commodities analyst Marin Katusa lays out the case for a sea change in gold’s relationship to the overall market. Here’s hoping he’s right: Gold Just Had Its Biggest One Day Influx EVER On Friday June 21st, the largest gold focused Exchange Traded Fund (GLD) saw over $1.5 billion flood into the … Read more
