Category Archive: Finance, No picture
Labor Market Impact On The Stock Market
Image Source: UnsplashThe August jobs report highlighted a critical reality: the labor market is cooling off. While the headline figures seemed decent, the underlying data reveals clear warning signs that worker demand is slowing. Investors should pay attention because the link between employment and its impact on the economy and the market is undeniable. While often […]
U.S. Retail Earnings Update: Friday, Sept 13
Image Source: UnsplashTo date, 196 of the 199 companies in our Retail/Restaurant Index have reported their EPS results for Q2 2024, representing 99% of the index. Of those companies that have reported their quarterly results, 71% announced profits that beat analysts’ expectations, while 5% delivered on-target results and 24% reported earnings that fell below estimates. The […]
Sam Bankman-Fried appeals fraud conviction, alleges judicial bias
Key Takeaways Sam Bankman-Fried’s appeal criticizes the judge’s conduct during his fraud trial. The appeal argues customers may recover funds, challenging the loss narrative. Share this article Sam Bankman-Fried, the founder of collapsed crypto exchange FTX, has filed an appeal challenging his fraud conviction and 25-year prison sentence, alleging judicial bias and improper limitations on […]
Update: Real Median Household Income For 2023
Image Source: PexelsI’m a little late to this since FRED took its time updating, but the annual report of median household income for the US was released on Tuesday for 2023. This is an important statistic about the well-being of, well, the median American household, so one of my pet peeves is that it is only released […]
Over 30,000 Boeing Workers Go On Strike, Stock Tumbles
Image Source: UnsplashBoeing Co. (BA) is grappling with its largest labor disruption in over a decade as more than 30,000 workers walked off the job early Friday, bringing production of most aircraft to a standstill. The strike, which began after midnight, follows an overwhelming rejection of a tentative labor agreement by members of the International Association of Machinists […]
Back To Basics: Remembering The “Income” In Fixed Income
Image Source: PexelsAs we approach Q4, the fixed-income markets are taking stock of where they’ve been and what is to come. Markets are expecting a highly anticipated shift in monetary policy to take place before the end of the year, which would mark a turning point in one of the most aggressive interest rate hiking cycles […]
Import Prices Drop 0.3 Percent, Export Prices Plunge 0.7 Percent
Image Source: PexelsEconomists did not see this one coming. The consensus for export prices was -0.1 percent. And there was a negative revision to export prices.The BLS Import-Export Price Report put a spotlight on very bad news for exportersImport Prices Key Points The price index for U.S. imports fell 0.3 percent in August, after ticking up 0.1 percent […]
Stocks To Watch Today: UBER, ADBE, And MSTR
Image Source: PexelsIn a day of mixed market movements, three technology companies are making waves on Wall Street. Uber Technologies Inc. (UBER), Adobe Inc. (ADBE), and MicroStrategy Inc. (MSTR) are each experiencing significant stock price fluctuations due to recent announcements and financial results. Uber Shares Surge Following Waymo Partnership Expansion Uber Technologies Inc. (UBER) shares surged […]
CAVA’s Post-Earnings Surge: Key Setup And Trade Strategy
Image Source: UnsplashCAVA Group (CAVA) has recently hit an all-time high, thanks to its strong earnings report, displaying significant relative strength even as broader markets like the S&P 500 have experienced a drawdown. This strength showcases CAVA bucking the trend, making it an attractive stock to watch.Currently, CAVA is forming a flag pattern, a continuation signal […]
Poland’s Current Account Balance Significantly Worsens In July
Image Source: PexelsPoland still shows a solid external balance in 12-month terms, although imports are growing stronger than exports. The next few months will show whether the jump in July is a more lasting effect related to the strong pace of domestic consumption or perhaps a one-off jump related to arms imports.The current account closed with a €1462m deficit […]
