Spreading the truth. Empowering the people.
Samsung Electronics said Tuesday morning it expects first quarter earnings to come below market expectations due to weakness in its display and memory businesses. In a regulatory filing, the world’s … Read more
On January 16th, 2019 Goldman Sachs enjoyed the best trading day in decade, on the back of fourth quarter results that far exceeded analyst expectations. These are the first set … Read more
Q1 2019 earnings expectations are now negative. Q2 expectations are below the inflation rate, meaning the first half of the year is now expected to have no real growth. Full-year … Read more
via CNN: Washington (CNN Business)The World Bank has been warning of a worldwide economic slowdown for a while now, but its projections just took a turn for the worse. In … Read more
Cassandra Fairbanks for the Gateway Pundit reports, CJ Pearson, a 16-year-old conservative high school student is once again going viral for a video rant in which he blasted the Democratic … Read more
by Michael Snyder We just got more evidence that the U.S. economy is starting to slow down. The U.S. economy must produce somewhere around 200,000 jobs a month just to keep … Read more
by DCG Shocker, not. Pandering to the social justice warriors doesn’t guarantee they’ll boost your profits. From CNBC: Shares of Dick’s Sporting Goods plunged by more than 9 percent Wednesday morning after the retailer … Read more
Last night one of the “morals of the story” of a thread we posted was “Don’t miss the forest for the trees.” The chart below is a view of “the … Read more
Reading Musk’s statement, I found a few interesting tidbits beyond the obvious. Maybe I’m going a little bit tinfoil hat here, but reading between the lines, it almost looks like … Read more
via Mish A Fed study of consumer expectations projects a rise in spending but no overall economic improvement a year from now. I produced the headline chart in Excel from … Read more
by WARREN MOSLER Eine neue wissenschaftliche Wahrheit pflegt sich nicht in der Weise durchzusetzen, daß ihre Gegner überzeugt werden und sich als belehrt erklären, sondern vielmehr dadurch, daß ihre Gegner allmählich … Read more
via Eric Basmajian Summary: Breakeven rates have come down significantly from the peak several weeks ago. We have forecast the reduction in break-even rates for the past couple of months. As … Read more
via Nicholas P. Cheer The verdict was unanimous; tax cuts would lead to a massive jump in economic growth. The Atlanta Federal Reserve GDP NOW estimate used to be one of … Read more
Mar 15 – FS Insider interviews Urban Carmel, lead writer at The Fat Pitch, to discuss his latest macro update looking at the US jobs market, housing, the outlook for … Read more
by WARREN MOSLER Highlights Optimism among small business owners is surging, according to the National Federation of Independent Business (NFIB), whose Small Business Optimism Index rose 3.7 points in November to … Read more
