Morgan Stanley (MS) Earnings Breakdown

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by hyousef333   – Fourth Quarter Net Revenues of $8.5 Billion and Earnings per Diluted Share of $0.80 – Record Full Year Net Revenues of $40.1 Billion and Net Income of $8.7 Billion; Earnings per Diluted Share of $4.73 – Compensation expense of $3.8 billion decreased from $4.3 billion a year ago on lower net … Read more

Boom Fizzles: Shipments Fall for 1st Time Since Transportation Recession

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But freight rates remain red hot. Freight shipment volume across all modes of transportation – truck, rail, air, and barge – in December declined about 1% from a year earlier, according to the Cass Freight Index, the first year-over-year decline since the transportation recession of 2015 and 2016, and the latest mark … Read more

Corrupt Atlanta Democrat Collapses in Court as She’s Sentenced to 2 Years Behind Bars

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Katrina Taylor-Parks pleaded guilty to conspiring to accept bribes while she was former Atlanta mayor Kasim Reed’s deputy chief of staff Prosecutors said Taylor-Parks accepted $4,000 in bribes from a vendor Taylor-Parks was in court Monday afternoon for her sentencing  A federal judge ordered her to serve 20 months in prison and pay $15,000 in … Read more

Dems MORTIFIED As Black Conservative Movement for America LAUNCHES #CantBullyUs Campaign

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Cassandra Fairbanks for the Gateway Pundit reports, The Black Conservative Movement has launched a #CantBullyUs campaign to combat the hate directed at black Trump supporters from members of the Democratic Party. https://www.youtube.com/watch?v=XjhRVgsQEnw Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019… It's been 400 years since slavery started in the U.S. and the Democrats still think they own us. "We are … Read more

Credit Suisse: “Sell Into This Stock Rally”

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via Yahoo: Get out while you can. In a note to clients, analysts at Credit Suisse (CS) said they still expect 5% upside for the key global markets, but “advise selling developed markets into the rally rather than continuing to build positions.” The S&P 500 (^GSPC) is up 4.4% so far in 2019 and 11.3% since its … Read more

Home Buyer Abandons Major Downpayment in Savage Hong Kong Selloff 2 Hong Kong housing market fiascos demonstrate how sentiment has declined.

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via thestreet: How bad is sentiment in the Hong Kong property market? Bad enough that one residential buyer has just walked away from a house purchase and lost a $4.6 million deposit. And bad enough that troubled Chinese conglomerate HNA Group is getting sued for back rent on a $20 million-a-year lease for space it leased through 2027 … Read more

The ZIRP Decade: SmallCap Debt Has Increased 400%, Earnings Only Fractionally; Global Economy ‘Headed for Recession’

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The ‘eye of the storm’: SocGen says it can’t warn about stock-market problem enough Small-caps have traditionally acted as a canary in the coal mine for the larger market, as they tend to be more sensitive to growth worries and usually show signs of fatigue before their big-cap counterparts. “U.S. small-caps have been taking on … Read more

Barclays: Emergency Merger Meetings for Deutsche Bank a Q4 Warning Sign

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via businessinsider:   German authorities are ramping up discussions about a possible merger between Deutsche Bank and Commerzbank, the Financial Times reported. Bloomberg said regulators seek to merge Deutsche Bank with a different European lender. “We think the reason for these headlines is that profitability may have deteriorated further in the fourth quarter,” Barclays analysts said … Read more

Economist on American Job Market: College = Unaffordable and Increasingly Mandatory

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via economist: America’s ageing economic boom can still produce pleasant surprises. Companies added an astonishing 312,000 new jobs in December, the Bureau of Labour Statistics reported on January 4th, and raised pay at the fastest clip in years. For the third of working-age Americans without any college education, such spells of rapid income growth have been exceedingly … Read more

Visualizing the Highest-Paid Job in Every State

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by howmuch Want to make a lot of money? Become a doctor. That’s the basic message behind our new map breaking down the highest paid occupations in every state. Almost every single top-ranking job is in the healthcare field. We have together a list of the highest paying jobs in every state based on annual mean … Read more

Brexitosis – when the only outcome is that nobody wants nothing…..

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by John Ward …..but everyone who wants something is a dangerous extremist ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ The attempt by people ranging from Nick Boles and Olly Letwin to “take a No Deal Brexit off the table” has now been adopted formally by the Labour leadership as the “reason” why Jeremy Corbyn will not join Cross-Party talks about a Plan B for … Read more

The Economy Is Slowing

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by Lance Roberts In August of last year, I wrote an article entitled “As Good As It Gets“ which discussed the record levels being set by a broad swath of economic indicators. To wit: “First, “record levels” of anything are records for a reason. It is where the point where previous limits were reached. Therefore, when a ‘record … Read more

Peak Bubble? Blue Apron Claims To Be “Profitable” When You Ignore Most Costs And Declining Sales

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via MarketWatch: Stock rockets 38% after company says it can be profitable based on a non-GAAP metric that ignores losses and falling sales Meal-kit provider Blue Apron Holdings Inc.‘s shares rocketed 38% on Tuesday, after the company said it is confident it can achieve a version of profitability this year. The recipe for the stock’s … Read more

Surviving in a Venezuelan City: “You have no clue about how people really are when they are faced with hunger”

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via J.G. Martinez D.: Surviving in a Venezuelan city is a lot different than it is in a country retreat. Each location has its own problems and benefits. I wrote before about the dangers of rural retreats and today I will write about the dangers in a city. You must not underestimate people because they are different then … Read more

REVEALED: When The Next Recession Starts

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by Brian Maher of Daily Reckoning Today we reveal the time frame of the next recession — to within three months. The surprising details anon. But first to a far more immediate catastrophe… We are informed the partial government “shutdown” has entered a record-extending 25th day. It is information we must take on faith, and at … Read more