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Authored by Mike Shedlock via MishTalk, Reports by Challenger, a global outplacement and business firm, shows record CEO churn and growing corporate layoffs. Overall Layoffs a Growing Concern The August Challenger … Read more
From Gallup: After hitting a new high last month, mentions of immigration as the most important problem facing the U.S. increased further to 27% in July. Since Gallup began regularly recording … Read more
via Kevin C. Smith, CFA: The market is being propped up by a narrowing group of leaders. Not a good omen. The deteriorating breadth is most evident in the NASDAQ … Read more
via mishtalk: There is little to like in today’s residential sales report. New home sales dove 7.8% overall and prices also fell 8.1%. Economists expected a rebound in housing this month … Read more
I’ve followed her for a while and she’s really sharp, definitely knows her stuff. I think she maybe onto something with regards to the overall grand strategy Lighthizer has put … Read more
Most S&P 500 firms repurchase some shares though 10 firms made up 31% of all buybacks in 2018, Goldman has calculated. Apple has spent $74bn on share buybacks, 2.5 times … Read more
FWIW – This feels like a much better proxy for overall American mood than the nominal indices. pic.twitter.com/ZEFi1AzvDB — Peter Atwater (@Peter_Atwater) January 4, 2019 S&P liquidity has been trash … Read more
Guest post by thinkofanamefast Market profit margin ratios are around 10% vs perhaps 7% historically. Combined with PEs being high (although Birnyi associates has 17 for 1 year forward (not … Read more
