WTF–> "76% of companies that went public in 2017 had negative earnings, the highest level since the peak of the dot-come era," h/t @macrodidact pic.twitter.com/44svckh6Nc — Alastair (@StockBoardAsset) May 17, 2018 "Corporations have returned $992 billion to shareholders in the …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But no blood in the streets. Just a rate-hike cycle at work. Today the US Treasury 10-year yield broke out of its recent range and surged 8 basis points to 3.08% at the close, the highest …
by howmuch Auto insurance companies portray themselves as friendly and forgiving in television commercials, but they are less friendly than you might think. After filing just one claim, car insurance premiums increase by an average of 41.81%, according to an …
1. 1 million Americans are counting on Congress to save their pensions http://money.cnn.com/2018/04/17/retir… 2. The Collapse of Public Pension Funds Is No Longer a Distant Prospect https://www.bloomberg.com/view/articl… 3. A $76,000 Monthly Pension: Why States and Cities Are Short on Cash …
via FT Highly-rated government bonds faced selling on Monday, sending the US two-year yield to a near decade high, after the US and Russia avoided direct engagement this weekend during American-led strikes in Syria. The US two-year Treasury yield climbed on …
by howmuch They say only two things in life are absolutely certain: death and taxes. With Tax Day just around the corner, many Americans are gathering paperwork and getting ready to file their 2017 taxes. Federal and state income taxes …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter New Chapter 11 bankruptcies in the US spiked 63% year-over-year in March to 770 filings, the highest number of filings for any month since April 2011 (when there had been 789 filings as companies were still …
#LEVERAGE LOOP (Concept adopted from work of Matt Mish of UBS) @StockBoardAsset For a US economy that has a razor-thin cushion of saving, dependence on rising asset prices has never been more obvious NEW HAVEN – The spin is all …
Trade deficit jumps 5% to $56.6 billion as Trump readies steel tariff via Jeffry Bartash The numbers: The U.S. trade deficit climbed 5% in January and hit a nearly 10-year high, continuing a steady rise since President Trump took over that …
BY SRSROCCO While silver is completely off the radar to most investors, it will turn out to be one of the best investments to own as the massive amount of leverage in the stock and real estate market evaporates. Unfortunately, investors, …
$SPX Why can't BTFD Work? pic.twitter.com/JiyW1pBe9f — Alastair (@StockBoardAsset) February 20, 2018 The gap between S&P 500 Operating EPS and As Reported EPS in Q4 was the highest since 2008, >43% difference. $SPX pic.twitter.com/GrwGQfgjSh — Charlie Bilello (@charliebilello) February 20, …
AAAAHHH…… A DAY! Trump has promised to build the border wall to keep out illegal immigrants and drug smugglers. Democrats oppose funding the wall, which they view as unnecessary. The budget proposal also includes $782 million to hire and support …
Canada is accepting a higher proportion of asylum seekers than it has at any time in nearly three decades, a CBC News investigation has found. CBC obtained almost 90,000 asylum claim decisions made by the Immigration and Refugee Board of Canada between January …
by Anthony B Sanders The Atlanta Fed’s GDP forecast model for Q1 was just increased to 5.4%. This was the highest reading since December 2011. This looks like Q1 Real GDP should be pretty darn good! One reason? US Manufacturing …
by Anthony B Sanders Deutsche Bank AG strategist Binky Chadha (a disturbing name since my Basset Hound’s name was Binky) thinks that Contagion Risk (correlation among asset classes) is bad news. (Bloomberg) The concerted selloff that landed on stocks and …
by Anthony B Sanders The Bureau of Labor Statistics Employment Cost Compensation Civilian Workers YoY rose to 2.7% YoY. That is the highest reading of employment compensation since Q4 2008. Private-sector wages and salaries rose from a year earlier by 2.8 percent, …
by Anthony B Sanders US Real GDP seems to be booming (see yesterday’s Atlanta Fed GDPNow Report for 4.2% growth) while The Fed continues to raise their target rate and unwinding its $4.4 trillion balance sheet. The result? The US …
by stockboardasset The implosion of America’s inner cities are the real “shitholes,” which should be on everyone’s radar– not Haiti. In Baltimore, Maryland, decades of deindustrialization and 50-years of democratically controlled leadership has turned the city into a failed liberal experiment, with a …
by howmuch The American economy is finally humming along at a nice clip, and most people areoptimistic about the future. Some people are just not starting to see real wage growth, butnot everyone. With so much disparity in economic outcomes, it got …
by howmuch The stock market continues to set record highs, and the Republican tax cut is about to hit workers’ paychecks in February. The new tax law also impacts skyrocketing executive compensation, which made us wonder how a CEO compensation correlates with the company’s …
Josh Sigurdson talks with author and economic analyst John Sneisen about the massive gold rally which hit a 7 year growth high over the New Year! As it continues to climb, people are once again seeing the value in precious …
by howmuch All throughout history, people have gone to cities to take advantage of the wealth and business. We wanted to know which metropolitan areas offered the best opportunities for Americans, so we looked at data for all 382 metros. …
Let's take a moment and congratulate .@federalreserve for producing the highest ever amount of debt in capitalism. pic.twitter.com/Ormd9pApEu — Alastair (@StockBoardAsset) September 21, 2017 Rising Debt Causes Rising Inequality until the system breaks pic.twitter.com/cEw1Z1gjXb — Alastair (@StockBoardAsset) September 21, 2017 …
America’s middle class had its highest-earning year ever in 2016, the U.S. Census Bureau reported Tuesday. Median household income in America was $59,039 last year, surpassing the previous record of $58,655 set in 1999, the Census Bureau said. The figure is adjusted for inflation and …
Ron Paul on the Fed, China and Whats Happening With Gold Dr. Ron Paul discusses the Fed and China having their currency convertible to gold in trading for oil and that its a serious change for the U.S. Gold will …
https://www.youtube.com/watch?v=fk84rmCSQPY Credit-card debt in the US rose in June, surpassing the peak set just before the 2008 financial crisis. Outstanding revolving credit, which includes credit-card debt, rose to $1.02 trillion in June, according to a monthly report from the Federal …
by howmuch We’ve all seen superstar athletes perform amazing feats in crowded stadiums, but even more impressive are these superstars’ pay. Not only do sports attract millions of viewers, but sports also attract the big bucks. We’ve created a graph …
Consumer’s confidence in March rocketed to the highest level more than 16 years, according to data released Tuesday. America’s middle class, in particular, registered huge gains in confidence. http://www.breitbart.com/economics/2017/03/28/consumer-confidence-booms-highest-level-16-years/ Artemis Rand notes: Remember my thread last week how repairing the …
by Victor Mozambigue Rising household debt is not the only concern for US homeowners. A rising rate of delinquencies is making the credit situation even worse. The Dodd-Drank regulations have helped in tightening the loan bandwagon but the lending crisis …
