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Q3 Earnings To Work Magic For Wall Street: Top 5 Picks

Q3 Earnings To Work Magic For Wall Street: Top 5 Picks

Solid second-quarter earnings provided a fillip to the U.S. equity market despite political turmoil both at home and abroad. A similar shot in the arm is expected in the third quarter, with American corporations showing signs of strength on the back of an improving economy. Both manufacturing and service sectors accelerated at a record pace […]
U.K. Manufacturing Production Rises

U.K. Manufacturing Production Rises

The British economy painted a mixed picture once again in August following the surge in manufacturing production. Manufacturing production climbed 0.4 percent in August, according to the Office for National Statistics report published on Tuesday. However, the trade deficit widened to the highest in almost a year as imports jumped. The U.K. economy has been struggling […]
Monetary Magic Has Elongated And Magnified The Business Cycle

Monetary Magic Has Elongated And Magnified The Business Cycle

As we have learned repeatedly through a century of cycles already, faith in central bank magic is misplaced and devastating in the end. We must make our financial decisions accordingly. Mohamed El-Erian, Allianz chief economic advisor, discusses the current state of the markets and central bank policy. Here is a direct video link Video length: 00:03:51 […]
10 Years After The Last Market Peak, This Is How Assets Have Performed

10 Years After The Last Market Peak, This Is How Assets Have Performed

As we pointed out yesterday, October 9 was a landmark day: it marked 10 years to the day since the pre-Global Financial Crisis peak in the S&P 500. How have various asset classes performed since then? That is the question that DB’s Jim Reid set off to answer this morning in his latest edition of […]
Tesla Price Target Raised To $379 From $317 At Morgan Stanley

Tesla Price Target Raised To $379 From $317 At Morgan Stanley

Morgan Stanley analyst Adam Jonas and a team at the firm forecasts that electric vehicles will grow to over 520M globally by 2040, adding that any car company or government that seeks aggressive EV penetration must also have a plan for EV infrastructure or be at risk. Tesla is the OEM making the most substantial […]
Bull Of The Day: SYNNEX (SNX)

Bull Of The Day: SYNNEX (SNX)

SYNNEX Corporation (SNX – Free Report) recently reported record revenue and profit. This Zacks Rank #1 (Strong Buy) is expected to see double digit earnings growth this fiscal year. SYNNEX provides distribution, logistics and integration services for the tech industry, including outsourced services. It’s wholly-owned subsidiary, Concentrix, offers a host of strategic solutions including process optimization, technology innovation […]
Seasonal Low In Stocks Due Today, Different This Time

Seasonal Low In Stocks Due Today, Different This Time

Below looks at the average performance of the S&P 500 in the month of October, over the past 10 & 20-years. Both charts have a couple of things in common. The first thing that each chart has in common is that both charts reflect gains in the month of October, with the average gain over […]
Long-Term Trends In Employment By Age Group – Tuesday, Oct. 10

Long-Term Trends In Employment By Age Group – Tuesday, Oct. 10

Note: This commentary has been updated with the latest numbers from last week’s Employment Report. The Labor Force Participation Rate (LFPR) is a simple computation: You take the Civilian Labor Force (people age 16 and over employed or seeking employment) and divide it by the Civilian Noninstitutional Population (those 16 and over not in the military […]
EUR/USD Rallies, Remains On The Corrective Offensive

EUR/USD Rallies, Remains On The Corrective Offensive

EUR/USD: With the pair rallying to extend its price correction on Tuesday, more strength is expected in the days ahead. Resistance comes in at the 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.1950 level where a break will expose […]
BAE Systems To Cut Nearly 2,000 Jobs In Organizational Shuffle

BAE Systems To Cut Nearly 2,000 Jobs In Organizational Shuffle

From January 1, BAE Systems will implement organizational changes across the Group, other than at its US-managed business, BAE Systems, Inc. “These changes will drive competitiveness; accelerate technology innovation; and deliver continued improvements in efficiency and operational excellence. The current Platforms & Services UK and P&S International management structures will be removed with the organization […]