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By Alex Kimani After a short-lived, half-hearted rally, oil prices are down again with a vengeance, retracing levels last seen before the assassination of General Soleimani by the American government. … Read more
Whatever profits Edward Snowden’s book “Permanent Record” has earned since its September release will need to be handed over to the US government, thanks to a new ruling from a … Read more
From the WSJ: Huge Disparity in Corporate Profits Hints at Something Amiss Look at pretax domestic profits as measured by the Bureau of Economic Analysis, and it is easy to be … Read more
by UPFINA Most onlookers see this as an unusual cycle at face value because annualized GDP growth has been low and this expansion is over 10 years long. In this article, … Read more
Investors should "take profits" on their auto-loan backed bonds "given lofty prices for used cars, a glut of supply and the quick pace of car depreciation:" Pavilion Global Markets. They … Read more
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