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The S&P 500 is officially in an earnings recession for the first time in three years, and the trend is expected to get worse in the third quarter. The entirety … Read more
Governor Ron DeSantis issued an Executive Order, declaring a state of emergency for counties in the path of Hurricane Dorian. The Governor is urging all Floridians on the East Coast … Read more
WeWork is widely expected to hold its IPO as soon as next month, joining a flurry of tech companies that have gone public this year. The company, which recently rebranded … Read more
via CNBC: The main takeaway from the raft of monetary policy easing points to central banks signaling major concerns about the outlook for economic growth, and resorting to sharp monetary … Read more
via MarketWatch: After years of feverish remodeling activity, Americans are starting to cool on home improvement projects. The annual gain in homeowner spending on home improvements and repairs is expected … Read more
Flood of illegal migrants to the border outpaces last two years with 1.1M expected in fiscal year 2019 Federal law enforcement based on the U.S.-Mexico border are expected to encounter … Read more
EPS: $2.18 vs. $2.10 estimated by Refinitiv consensus estimates Revenue: $53.8 billion vs. $53.39B estimated by Refinitiv consensus estimates. Q4 Revenue guidance: $61 billion to $64 billion versus $60.98 billion estimate by Refinitiv … Read more
Investors Pour Money Into Bond Funds at a Record Pace Some excerpts Mutual funds and exchange-traded funds tracking bonds posted $12.1 billion of inflows for the week ended July 17, … Read more
About 200 million Americans in the eastern two-thirds of the country will be trapped in a monsterous heat dome that will send temperatures over 100°F into the weekend, and with … Read more
via wallstreetexaminer: It’s starting. Headlines are swirling that the US Treasury could run out of cash sooner than originally forecast. The Wall Street Journal featured a report today. Liquidity moves markets! … Read more
Europe is bracing for what could be a historic heat wave this week, with temperatures potentially reaching at least 95 to 105 degrees. The Washington Post reported that a … Read more
by AlexPitti When the market projects at least a 70% chance or more of a specific action/inaction on rates, it is almost always correct. As of Tuesday, the market … Read more
This is NOT an accident. From Breitbart: Nearly 740,000 border crossers and illegal aliens are expected to be released into the interior of the United States this calendar year, new analysis … Read more
The numbers: Private-sector employers hired just 27,000 people in May, payroll processor ADP said Wednesday. That badly missed the forecast of 175,000 jobs from economists surveyed by Econoday. What happened: Small business slashed … Read more
via freebeacon: House Democrats are expected on Tuesday to bring to a vote a bill to grant protection from deportation and a path to permanent residency for millions of illegal immigrants. … Read more
