Independent thinking for complex markets and current events
Magnificent 7 mask ugly earnings across the broader market. OUCH! The S&P 493 – that’s the S&P 500 excl “Magnificent 7” – is expected to deliver just 2-3% net income growth in Q2, Q3, and Q4. That’s slower than inflation, meaning most of the market is barely growing in real terms. Measured against this, US …
President Trump just accused Fed Chair Powell of always being "late" to cut rates. Despite markets pricing-in more rate cuts, Powell is saying he is willing to wait. US stocks are extending losses. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) April 4, 2025 I think he is …
Japan will be forced to hike again. pic.twitter.com/OZoNx4M9IK — Don Johnson (@DonMiami3) December 26, 2024 Translation : Urgent need for rate hikes. https://t.co/jAWawyZ51o — The Great Martis (@great_martis) December 27, 2024 📊💴 Tokyo inflation accelerates, fueling rate hike expectations Tickers of interest: $JPY $NKY Full Story → https://t.co/kAUGf8Jhz6 pic.twitter.com/4nSjl8TVHp — PiQ (@PiQSuite) December 26, 2024 …
……..and almost no demand at these prices… pic.twitter.com/uzqEYs3ybc — Saw Chuck (@Saw_Chuck2023) December 18, 2024 Distressed sellers inbound. They keep droping the rates on these townhomes. 2.99% interest rates. I drive by it every day and I don't see cars. They also stopped building at the halfway point. Apartments all around this area with banners, …
(Bloomberg) — Federal Reserve Chair Jerome Powell will appear on CBS News’s 60 Minutes this Sunday and will discuss inflation risks, expected rate cuts and the banking system, among other topics, the network said. CBS announced his appearance on the social media platform X on Thursday, the same day that the interview was conducted. Powell …
Tesla, the electric vehicle giant, faces headwinds as it misses fourth-quarter estimates, reporting weaker-than-expected auto revenue. Despite a 3% growth in total revenue, automotive revenue saw a mere 1% increase from the previous year. The company warns of potentially lower vehicle volume growth in 2024, signaling a cautious outlook for the year ahead. Key financial …
THE TRUTH ABOUT THE CHINESE SELLING OF US TREASURIES Out of the reported 22-23% drawdown in the Chinese holdings of US Treasuries over the past 2 years, around 15-16%-point is driven by mark to market effects. Don't listen to people trying to claim otherwise. Yes, China is… pic.twitter.com/kj2kFjz5eW — Andreas Steno Larsen (@AndreasSteno) October 23, …
Industrial US companies are seeing their businesses in China slow down considerably. DuPont, Dow and Caterpillar have cut their sales outlook for the country into this year. https://t.co/LJ0ARJ9jMW Tesla cut prices in China again. https://t.co/tuTnwNZFSO — Lisa Abramowicz (@lisaabramowicz1) August 14, 2023 Everything is fine … 🔥🔥🔥 Student loan payments resume in September. pic.twitter.com/l7C34hjf10 — …
by bitkogan Sure, 3% is better than 9%. But given the new record highs in stock indices, it’s still not better enough to expect the Fed to start cutting interest rates anytime soon. Firstly, 3% is still above the Federal Reserve’s long-term target. Secondly, the low (relatively speaking) figures for the general consumer price index …
via naturalnews: Major retailers are sounding alarm bells over the current state of the economy in light of shifting customer demand at their stores as they struggle to find new ways to remain profitable. Big chains like the department store Macy’s and warehouse club Costco report that shoppers are changing their purchases and spending less …