The myth of the gig economy

From MarketWatch: The gig economy may not be nearly as large as the all hype it receives would suggest — that’s according to a report the Bureau of Labor Statistics published on Friday which estimated that 1.6 million people, or about 1% of …

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Is the party over for Global Dow?

Is the party over for Global Dow? pic.twitter.com/dnwpoK3usm — Alastair (@StockBoardAsset) October 2, 2018 you probably do not want to look at this small caps chart pic.twitter.com/NtW0CwWNow — Alastair (@StockBoardAsset) October 2, 2018 https://twitter.com/hks55/status/1047237312776720384 https://twitter.com/OccupyWisdom/status/1047317500294299648

Global stocks rallying after Italian coalition government makes concessions to EU and US Fed Chairman Powell calls outlook for domestic US economy “remarkably positive”

by QuantalyticsResearch US Stocks Global stocks are rallying this morning following news that the Italian coalition government is seeking a lower budget deficit after CY2019 & positive comments made by US Fed Chairman Jerome Powell about the outlook for the US …

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Useful sources for you to keep track the health of the economy and stock market

These guys have some dank charts: https://fred.stlouisfed.org Here are a few neat ones: https://fred.stlouisfed.org/series/HTRUCKSSAAR https://fred.stlouisfed.org/series/PERMIT https://fred.stlouisfed.org/series/UNRATE https://fred.stlouisfed.org/series/T10Y2Y https://fred.stlouisfed.org/series/RECPROUSM156N https://fred.stlouisfed.org/series/FEDFUNDS https://fred.stlouisfed.org/series/TOTALSA also this https://www.advisorperspectives.com/dshort/updates/2018/09/28/recessionalert-weekly-leading-index-update   h/t WilliamNyeTho

MASSIVE Discrepancy Between Google and Yahoo on Enbridge P/E Ratio

This is unbelievable: For the exact same stock… Yahoo says 28.49 P/E https://ca.finance.yahoo.com/quote/ENB.TO/key-statistics?p=ENB.TO While Google says 168! https://www.google.com/search?tbm=fin&ei=01CyW6qwBOjXjwSAjqfICg&q=enbridge&oq=enbridge&gs_l=finance-immersive.3..81l3.1782.2686.0.2781.10.8.0.0.0.0.338.985.0j1j2j1.4.0….0…1.1.64.finance-immersive..6.4.984.0…0.3cP3iTfa8IY#scso=_11CyW6Ub6duPBLGqp7gF1:0     h/t JeremyJacobson

September Carmageddon for Ford and GM

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Ford drops to 4th place. Industry sales in the red for the year. But FCA sales jump. GM stopped giving out monthly numbers of new-vehicle deliveries earlier this year, and switched to quarterly releases. Today it reported its …

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