Spreading the truth. Empowering the people.
2-year and 5-year rates have fallen below EFFR again after steepening to +20bps. If this persists out the curve, the Fed will have to keep cutting ✂️✂️ pic.twitter.com/XTbyxZcBYv — Eric … Read more
www.foxbusiness.com/money/amazon-biggest-carrier-ups-fedex Amazon has become its own biggest carrier after cutting ties with FedEx and reducing its reliance on UPS, which delivers about half the company’s packages globally. Amazon ships more … Read more
www.cnbc.com/2019/12/15/boeing-considers-halting-or-further-cutting-737-max-production-wsj-reports.html The aerospace giant increasingly views a pause in production as the most viable option, according to The Wall Street Journal. Boeing’s board is meeting in Chicago on Sunday and … Read more
Philippine central bank governor told us today they're not done cutting interest rates. More to come next year. pic.twitter.com/iS14VkaQSg — David Ingles (@DavidInglesTV) December 13, 2019
via Zerohedge: The Interpublic Group of Companies’ research unit Magna has reported global television advertising sales plunged 4% in 2019, one of the steepest declines since the financial crisis as … Read more
via Zerohedge: There is something very fishy about the world’s economic situation. On one hand, US president Trump keeps repeating that the US economy is the strongest it has ever … Read more
Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank.
Restricting Russia’s access to the SWIFT international banking payment system would virtually mean a declaration of war, Prime Minister Dmitry Medvedev has warned. Speaking to reporters on Thursday, Medvedev recalled … Read more
via freebeacon: “The more radical part of [Warren’s plan] is the very, very bold rationing scheme for health care,” Pope, a scholar at the right-leaning Manhattan Institute, told the Free Beacon. … Read more
💥💥💥💥💥💥💥💥💥💥The White House is reportedly exploring the idea of cutting middle income tax rates to 15 percent:t.co/kC8LvQyMqG — RedCap004 (@eileeneileenur) November 14, 2019
www.bloomberg.com/news/articles/2019-11-05/a-50-billion-fund-in-helsinki-is-dumping-europe-and-buying-u-s “For now, the U.S. economy is “structurally better composed,” Rytsola said in an interview. That’s why his listed equity portfolio has 41% in North America, up from 24% at … Read more
The legal minimum wage for New York City employers with 11 or more workers rose more than 15 percent on Dec. 31, 2018, to $15 per hour from $13, giving … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Fed Sent Big-Fat Message on “U.S.-China Trade Tensions” to White House. The Fed did a lot of heavy breathing over “trade uncertainty” and “trade tensions” during … Read more
US To Impose Tariffs On $7.5 Billion In EU Imports Starting Oct 18 In the aftermath of today’s surprising WTO decision, in which the global trade mediator sided with the US … Read more
After the recent Charles Schwab announcement, TD Ameritrade released this announcement shortly after: www.amtd.com/news-and-stories/press-releases/press-release-details/2019/The-Best-Just-Got-Better-TD-Ameritrade-Introduces-0-Commissions-for-Online-Stock-ETF-and-Option-Trades/default.aspx There will still be a $0.65 fee per contract on options however. Quite interesting that this … Read more
