Investment Watch Blog

Charlotte Russe Files for Bankruptcy SAN FRANCISCO, Feb. 4, 2019 /PRNewswire/ — Charlotte Russe Holdings Corporation together with its subsidiaries (the “Company” or “Charlotte Russe“) today announced that the Company has voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware on February 3, 2019.  Charlotte Russeintends to use these … Read more

https://www.nytimes.com/2019/02/03/business/dealbook/stock-market-technology.html For much of the past decade, the fate of the stock market has been tied to the performance of a handful of the largest tech companies: Amazon, Apple, Alphabet, Facebook, Microsoft and Netflix led the market from one record to the next. By the end of August, their sway over the direction of the … Read more

https://twitter.com/OccupyWisdom/status/1092603156398333953 Wall Street analysts now expect S&P 500 companies to report an average 0.8 percent decline in first quarter profits, according to FactSet.At the end of September, analysts expected first quarter profits to increase by 6.7 percent, on average.📉https://t.co/SZYKrmdydR pic.twitter.com/NSTg04Ntwf — M/1_LP (@MI_Investments) February 5, 2019 WSJ: Over the past year, purchasing managers sounded an … Read more

by LoseMoneyAllWeek MacroVoices probably my favorite podcast has an amazing interview with grant Williams. This was on social risk; ie political extremeism. From the description: Erik asks Grant if we in a cyclical bear market and where he feels treasury bond yields are headed next. They discuss tensions between China and Taiwan, the rise of … Read more

Since Powell backtracked and the PBOC stepped up liquidity injections, global money supply has roundtripped to March 18 levels. Forget earnings or macro. This is why markets have rallied. pic.twitter.com/ANxj0EcdD1 — Daniel Lacalle Official Account (@dlacalle_IA) February 5, 2019 https://twitter.com/BrentCarlileFX/status/1092754783402905605 global euphoria continues in EU & US pic.twitter.com/2AtqW8boiN — Alastair (@StockBoardAsset) February 5, 2019 Dr … Read more

Buybacks were illegal throughout most of the 20th century because they were considered a form of stock market manipulation. But in 1982, the Securities and Exchange Commission passed rule 10b-18, which created a legal process for buybacks and opened the floodgates for companies to start repurchasing their stock en masse. https://www.vox.com/policy-and-politics/2018/3/22/17144870/stock-buybacks-republican-tax-cuts Beyond the equity issue, there’s serious evidence … Read more

by Nolan_Knight So I have an opportunity to convert from a federal government contractor to a federal government civilian employee. My issue is that I’ll have to take a pay cut in order to do so. Here’s some of the key details: ​ Edit: Current salary is about $105K. The max I can start at … Read more

by QuantalyticsResearch US Stocks US stocks index futures are advancing with front-month Dow Jones minis +0.29%, S&P 500 minis +0.15% and Nasdaq 100 minis +0.21% US President Donald Trump is scheduled to give his State of the Union address to the US Congress this evening Goldman Sachs argues that investors who missed the January 2019 rally, … Read more

via Bloomberg: On paper, it looks as if San Francisco shouldn’t have a homelessness problem. There are as many permanent housing beds as people who need them. The city spends hundreds of millions of dollars to help get people off the streets, and last year voters approved a measure to raise $300 million annually to tackle the … Read more

by Playaguy The late Michael Crichton, MD, author, film producer, put it this way: “I want to pause here and talk about this notion of consensus, and the rise of what has been called consensus science. I regard consensus science as an extremely pernicious development that ought to be stopped cold in its tracks. Historically, … Read more