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Fox Biz: “strong Q3 profits lift stocks.”….cool story; 63 out of 498 S&P companies have reported and profit growth is -3.5% from a year ago. — GreekFire23 (@GreekFire23) October 17, … Read more
by ether2015 fred.stlouisfed.org/series/CP I was looking at this chart and I couldn’t help but notice that after tax corporate profits have not moved much since 2012. Why is that? And … Read more
'The yield curve's slope signals lower corporate profits ahead.' t.co/D0feyLd8qG via @SoberLook pic.twitter.com/40qmqxcCI7 — Jesse Felder (@jessefelder) September 11, 2019 Hedge funds have moved toward defense and lowered overall exposure … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter August wholesale auction price index hits record after longest series of year-over-year price gains since 2001. Used-vehicle prices at wholesale auctions around the US ticked up … Read more
via Zerohedge: According to a new report from the Friends of the Earth U.S.; Amazon Watch; and Profundo, Larry Fink’s BlackRock Inc is one of the top investors in companies “responsible … Read more
by Dr. Eowy In America today, privately-owned businesses are no longer motivated by profit and service. Instead, businesses have become an arm of the Democrat Party by discriminating against conservatives … Read more
HSBC’s pleas of innocence have won little sympathy in Beijing. By Nick Corbishley, for WOLF STREET: Global banking behemoth HSBC has found itself on the back foot in recent months in its … Read more
by Jeff Clark, Senior Analyst, GoldSilver Dear Main Street and Wall Street Investor, I’m a pretty nice guy. But you may not think so if what I outline below comes … Read more
via @PPGbites: via @The92ers: The market looks quite similar to March ’00 & the Fed also finds itself in the same position. The market’s valuation is greatly stretched & … Read more
by independenttrader Over the past dozen months or so, companies in the U.S. have significantly increased their buybacks spending, i.e., buying back their own shares. We have already explained buybacks phenomenon … Read more
With earnings season looming, 77% of companies issuing pre-announcements say their profit picture will be worse than Wall Street is expecting. That’s the second-worst quarter on record going back to … Read more
by WARREN MOSLER Most all euro area indicators still in collapse due to tariffs: Production held up even as consumer spending slowed: Highlights The outcome was expected but not the … Read more
Remember when trillions of trapped profits abroad were going to return to the US economy after tax reform? It isn't the biggest swing in the world, but the q1 BoP … Read more
by Wolf Richter China’s share surges to 54% in April. US in fourth Place, Canada an Also-Ran. Global production of crude steel – ingots, semi-finished products (billets, blooms, slabs), and … Read more
By Leonard Hyman & William Tilles The US investor-owned electric utility industry just reported financial numbers for 2018.They were puzzling to put it mildly. According to the Edison Electric Institute … Read more
via WSJ: Google’s ubiquitous internet platform shapes what’s real and what isn’t for more than 2 billion monthly users. Yet Google Maps, triggered by such Google queries as the one … Read more