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Ouch. China industrial profits fall sharply by -9.9% YoY & year-to-date -2.9%. Meanwhile, liabilities are UP 4.9%! Meaning, profitability down but debt up & that means WORSE repayment ability, from … Read more
by Charles Hugh-Smith Stripmining the planet to maximize profits isn’t progressive or renewable–it’s just exploitive and destructive. How do we describe the finding that the planet’s most widely-owned super-corporation is … Read more
pic.twitter.com/LPSlyATzCa — Alastair Williamson (@StockBoardAsset) November 16, 2019
Authored by Lance Roberts via RealInvestmentAdvice.com, Corporate profits are worse than you think. In a recent post, I discussed the deviation of the stock market from corporate profitability. To wit: “If … Read more
Buybacks are the mechanism that connects QE to the market. ZIRP and QE lower financing costs for large corps giving them more money for buybacks, especially financials who gain because … Read more
by Patrick Hill The SPX recorded new highs this week. Investors appear to be excited about the U.S. – China Phase 1 trade agreement, which only goes so far in … Read more
China's industrial profits fall 5.3% in Sept as trade war toll mounts – Reuters pic.twitter.com/vvdR6laUTX — Alastair Williamson (@StockBoardAsset) October 27, 2019 twitter.com/ChinaBeigeBook/status/1188502815435612161 China’s Industrial Profit Widens Drop on Economy, … Read more
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