Spreading the truth. Empowering the people.
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Nvidia again cut its revenue guidance for the fourth quarter of its fiscal year 2019, which runs through January, this time by 18.5% from its previously … Read more
With 18.7m followers and a roster of fans that includes the Kardashians and Naomi Campbell, the Instagram page of beauty company Anastasia Beverly Hills offers crafty demonstrations of how to use its … Read more
Don't be delusional, the entire world is rolling over pic.twitter.com/llWGbGgcIW — Alastair Williamson (@StockBoardAsset) January 5, 2019 All is discounted? Look at global earnings estimates pic.twitter.com/7iFZ9Tiu9p — Daniel Lacalle (@dlacalle_IA) … Read more
via Bloomberg: What began guardedly, as traditional lenders retreated post-Lehman, has exploded into a financial-industrial complex rapidly approaching $1 trillion, with money streaming in from pension funds, insurers and hedge … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter For nine years, US stocks, foreign stocks, government bonds, corporate investment-grade bonds, junk bonds, leveraged loans, emerging market bonds, art, classic cars, residential real estate, commercial … Read more
via CNBC: For example, 27 percent of people in Florence, South Carolina, who bought their car with a so-called subprime score — defined as a VantageScore between 300 and … Read more
by Simon Black We have been talking about the pension crisis for years now. It’s without a doubt one of the biggest, financial disasters. These pools of capital, responsible for paying … Read more
Bloomberg: Grim Stock Signals Piling Up as Wall Street Mulls Recession Odds Nine turbulent weeks and a correction in U.S. stocks have left analysts with a thorny question. What’s the … Read more
Do you think that Canada’s real estate is too expensive? Or should we just take off to our igloo’s, eh?
by Dave Kranzler of Investment Research Dynamics I remember vividly the scene in The Big Short when a housing broker was driving the “Steve Eisman” group around California’s “Inland Empire.” Home prices were … Read more
Even the cheapest homes are waiting for buyers Units for less than $1 million — within reach of far more people than a Billionaires’ Row penthouse — are hurting for … Read more
At the New York Times, younger staffers are complaining of “microaggressions” and petitioning the paper to implement “implicit bias training” programs. Editors, in response, have taken to holding “office hours,” looking to quell upset … Read more