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Here’s How The Fed’s Bloodletting Sucks The Life Out Of Bloated Asset Bubbles

Here’s How The Fed’s Bloodletting Sucks The Life Out Of Bloated Asset Bubbles

The Fed increased its scheduled bloodletting of the banking system to (up to) $50 billion per month in October.  We’ve seen the effects. The Fed calls this program “normalization” but I call it “bloodletting”, in honor of the medieval medical treatment for a disease. That barbaric treatment used leeches to suck the blood from sick […]
The 1% Will Always Get Richer

The 1% Will Always Get Richer

Emmanuel Macron faced protesters across France during the weekend, in a country where he has been dubbed The President of the Rich. What interests me is that title. The President of the Rich. Are not all governments, the governments of the rich? Isn’t that why we have the 99% for, as the rich get richer, the poor get poorer? […]
Billion Dollar Unicorns: Palo Alto Networks Continues To Consolidate In Cyber Security

Billion Dollar Unicorns: Palo Alto Networks Continues To Consolidate In Cyber Security

According to a Radiant Insights research report, the global network security market is estimated to grow at 4.74% annually through the year 2022 driven the continuing adoption of mobile devices and the increasing demand for integrated security solutions. Santa Clara-based Billion Dollar Unicorn Palo Alto Networks (NYSE: PANW) is a leading player in the network security market whose stock has […]
Kohl’s Q3 Earnings Beat Estimates, Sales & Comps Up Y/Y

Kohl’s Q3 Earnings Beat Estimates, Sales & Comps Up Y/Y

Kohl’s Corporation (KSS – Free Report) delivered third-quarter fiscal 2018 results, with the top and the bottom line improving year over year and beating the Zacks Consensus Estimate. While this marked the sixth straight quarter of revenue beat, earnings surpassed the consensus mark for the fourth time in a row. Better-than-expected results prompted management to raise fiscal 2018 […]
All Major US Equity Indices Are Now Red For 2018

All Major US Equity Indices Are Now Red For 2018

After being up almost 18% year-to-date in August, the Nasdaq Composite has just plunged into the red for the year, joining all other major US indices…   From their closing highs, Dow -8.6%, S&P -9.9%, Nasdaq -14.8%, Russell -15.3% This is now Nasdaq’s worst year since 2011…   How long until we hear from President […]
Top And Flop ETFs At Half-Way Q4

Top And Flop ETFs At Half-Way Q4

At the midway through the fourth quarter, stocks across the globe are stuck in a nasty web of woes. Higher interest rates in the United States, political malaise in Europe, trade woes and threats of global slowdown have created tensions in the equity world. Oil slipping into the bear territory has led to further caution […]
The New Normal In Homes Sales Is About A Million Fewer Sales Per Year

The New Normal In Homes Sales Is About A Million Fewer Sales Per Year

from CoreLogic — this post authored by Molly Boesel Since the housing recovery started taking hold in 2012, we’ve been searching for signs that the recovery is complete. While home prices and delinquencies have both returned to their pre-crisis levels, home sales show signs of lagging behind. Figure 1 shows the number of home sales (both […]
Catastrophe Bonds: A Primer

Catastrophe Bonds: A Primer

Most bonds are a way for corporations and government to borrow money. A catastrophe bond is different. It’s effectively a way for an insurance firm to re-insure some of the extreme risks it faces.Andy Polacek offers a nice overview in “Catastrophe Bonds: A Primer and Retrospective”, a recent Andy Polacek offers a nice overview in “Catastrophe […]
Peak Oil: Oil Drops As Russia Refuses Trim Output

Peak Oil: Oil Drops As Russia Refuses Trim Output

PEAK OIL – On Tuesday, oil prices inched down in Asia. This is amid the wait-and-see attitude of Russia towards the potential decision of OPEC to trim crude output. As of 10:59 PM ET (02:59 GMT), the January delivery of the Crude Oil WTI Futures declined 0.14% to $57.12 a barrel. This was based on the New […]
Campbell Soup Beats On Q1 Earnings & Sales Estimates

Campbell Soup Beats On Q1 Earnings & Sales Estimates

Campbell Soup Company (CPB – Free Report) released first-quarter fiscal 2019 results, wherein both top and bottom lines came ahead of the Zacks Consensus Estimate. Also, management reiterated its outlook. However, earnings plunged year over year and organic sales also remained soft, owing to intense promotions and lower volumes. We note that this Zacks Rank #4 (Sell) stock […]