Thanks, Fed! Huge Share Of National Wealth Has Gone To The 1% Since 1989
As of the end of 2018, net worth as a share of the U.S. total had shrunk considerably for the upper middle class. In one generation, U.S. wealth held by … Read more
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The Biggest Risk for Stocks: The moment share buybacks get slashed.
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter A stock market that is so uniquely dependent on corporations buying back their own shares in record amounts is in a very fragile position because share … Read more
MacKenzie Bezos keeps 25% of couple’s AMAZON share… JEFF GETS WASHPOST
MacKenzie Bezos shared on Twitter Thursday that she and ex-husband Jeff Bezos completed the process of dissolving their marriage. MacKenzie said she will give her interests in the Washington Post and … Read more
Despite Record Buybacks, Earnings Per Share Are Falling, Yet Valuations Rising
via trueeconomics: As raging buybacks of shares and M&As have dropped the free float available in the markets over the recent years, Earnings per Share (EPS) continued to tank. Yet, S&P … Read more
Global Internet Gaming Traffic Share
by theimpossiblesalad View this post on Instagram Global Internet Gaming Traffic Share #internet #gaming #data #bigdata #leagueoflegends #fortnite #overwatch #minecraft #pubg #destinythegame #worldofwarcraft #warframe #blackdessertonline #clashofclans #statistics A … Read more
Corporate Share Buybacks Increasing at Alarming Rate… Again
From Birch Gold Group Corporations have been using buybacks to “rob Peter to pay Paul” since the Reagan administration created laws that allow it. According to a Goldman Sachs chart, 2018 was … Read more
Walmart raises annual dividend to $2.12 per share, marking 46(th) consecutive year of dividend increases (Barron’s)
BENTONVILLE, Ark.–(BUSINESS WIRE)–February 19, 2019– The Board of Directors of Walmart Inc. (NYSE: WMT) approved an annual cash dividend for fiscal year 2020 of $2.12 per share, an increase of … Read more
Expect The Corporate Share Buyback Wave To Continue In 2019
by Nomi Prins of Daily Reckoning A crucial theme from last year is continuing into this year — stock buybacks. Last year was a banner year for companies buying back their own shares. … Read more
Wealth share, Vehicle sales, US retail sales, US trade, German trade, HK index, UK, US Consumer credit
by WARREN MOSLER The ‘labor market’ is not a ‘fair game’ as people need to work to eat, and business only needs to hire if it likes the return prospects, … Read more
Amazon earnings beat: $6.04 per share, vs. $5.68 expected
EPS: $5.68 vs. $3.75 per share last year Revenue: $71.9 billion vs. $60.5 billion last year AWS: $7.3 billion (FactSet estimate) vs. $5.1 billion last year www.cnbc.com/2019/01/31/amazon-earnings-q4-2018.html
Danielle Park: Margin Calls, Share Buybacks, and Real Estate
Talk Digital Network, Released on 1/3/19 Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling … Read more
Corporate bonds set for worst performance year since 2008… JPM to clients: Share buybacks and corporate bond redemptions would likely dissipate
via Bloomberg: U.S. investment-grade credit spreads are at the highest level in more than two years as the market nears the end of 2018 with the worst returns in a … Read more
The Big Bank Playbook: Break the Law, Make Big Profits, Get Caught, Share the Profits
via WSJ: Morgan Stanley has agreed to pay a $10 million fine to settle a Financial Industry Regulatory Authority probe into the firm’s compliance with rules designed to detect and prevent … Read more
JCPenney stock is now 97 cents a share
www.cnn.com/2018/12/26/investing/jcpenney-stock/index.html These are tough times for JCPenney. A day after falling below $1 for the first time since it started trading in 1929, JCPenney stock fell 8% on Thursday to … Read more
China’s Startup Bubble Runs Aground – Bike-Share Companies, Among The Hottest Startups, Are Wiping Out Investors.
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “It now appears bike sharing is the stupidest business, but the smartest brains of China all tried to get in,” Wu Shenghua, founder of 3Vbike, one … Read more
US Share Market Meltdown?
by Martin Armstrong Everything is still on track for a pullback. The Dow Jones Industrial Average closed at a 14-month low on Thursday, the second consecutive day of sell-offs after … Read more