Should Investors Buy PepsiCo Shares Before Earnings?
Oct 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsThe Q3 earnings season is just around the corner, with the big banks’ results coming next Friday. But before we get to them, a consumer staples favorite, PepsiCo (PEP – Free Report), is on the reporting docket for next week (Tuesday, October 8th) before the market opens.Let’s take a closer look at expectations for the consumer […]
Reserve Bank Of New Zealand Preview: We Expect A 50bp Cut
Oct 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsWe believe the Reserve Bank of New Zealand will follow the Fed on 9 October with a half-point cut, as a sluggish activity picture and lower inflation are adding pressure to bring real rates down at a faster pace. After that, 25bp reductions appear more likely, but markets may stay on the dovish side of […]
Did Government Employment Account For Most Of September’s Employment Gains?
Oct 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsZeroHedge and EJ Antoni assert yes, relying on the household series…Figure 1: Total change in civilian employment (bold black), change attributable to government employment (blue bar), to private (tan bar). Source: BLS CPS, and author’s calculations.If it seems implausible that government employment should flip-flop between positive and negative values, then you might be excused. The household survey is […]
Remain Calm And Buy Eggs
Oct 04, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThe most frequently cited bullish chart on Slope is the indescribably boring Cal-Maine Foods (CALM) which sells eggs, but by God, they must be good at it, because this sucker just keeps on cranking.More By This Author:Hot JobsImportant Triangle FailureThat Tesla Trendline
Strong Quarterly & Monthly Closes For Gold, Silver & Miners
Oct 04, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashGold, Silver and the miners closed the week mixed after Monday, which was a strong monthly and quarterly close for the sector. We review the near-term outlook for Gold, Silver & the miner ETFs.Video Length: 00:10:57More By This Author:Gold And Silver Update: Deep Dive Into Monthly And Quarterly ChartsGold & Silver Hit Technical Targets […]
Top Stock Reports For Walmart, Adobe & Caterpillar
Oct 04, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThe Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including Walmart Inc. (WMT), Adobe Inc. (ADBE), and Caterpillar Inc. (CAT), as well as two micro-cap stocks Hovnanian Enterprises, Inc. (HOV) and Blue Dolphin Energy Co. (BDCO). The Zacks microcap […]
Business Cycle Indicators – With September Employment
Oct 04, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsThe recovery continues, with a recession hard to see (even incorporating the preliminary benchmark revision without caveat). A snapshot of indicators followed by the NBER’s Business Cycle Dating Committee, plus monthly GDP.Figure 1: Nonfarm Payroll (NFP) employment from CES (blue), implied NFP from preliminary benchmark (bold blue), civilian employment (orange), industrial production (red), personal income […]
Aussie Dollar Slips On Robust US Data, Eyes On Next Week’s US Inflation
Oct 04, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash AUD/USD falls following robust US Nonfarm Payrolls data, reducing the likelihood of aggressive Fed rate cuts. Fed Chair Powell signals slower pace of easing, with markets now pricing in a 25 bps cut for November. Australian data shows mixed results with strong Retail Sales and trade surplus but ongoing manufacturing contraction and slowing […]
0G introduces first decentralized AI operating system
Oct 04, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways 0G has rebranded to focus on a decentralized AI operating system. The system separates data storage and computation for various AI applications. Share this article 0G, formerly known for its modular AI blockchain, has rebranded as the first Decentralized AI Operating System (dAIOS). 0G is transforming. We are shifting from our identity as […]
Are Bank Stocks A Buy Ahead Of Quarterly Results?
Oct 04, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels JPMorgan (JPM – Free Report) shares have lost roughly -7% of their value since the end of August when they reached their 52-week high. Wells Fargo (WFC – Free Report) , which joins JPMorgan in kicking off the Q3 earnings season for the Finance sector on Friday, October 11th, is down only half that much in that […]