Powell’s Rate Cuts Won’t Be A Panacea
Aug 30, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels While the long-anticipated recession still lies ahead of us, the fact remains that the U.S. economy is anemic and getting weaker. Therefore, it is imperative to be aware of the reasons why those predicting any sort of economic rebound should be extremely disappointed and instead should be preparing for the inevitable collapse of […]
Looking Ahead To The Q3 Earnings Season
Aug 30, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Total Q3 earnings for the S&P 500 index are expected to be up +3.8% from the same period last year on +4.6% higher revenues. This would follow the +8.6% earnings growth for the index in the preceding period on +3.8% higher revenues.Regular readers of our earnings commentary are familiar with our sanguine view […]
3 Cheap High Dividend Stocks For Passive Income
Aug 30, 2024
Jeremy Parkinson
Finance, No picture
The average dividend yield in the S&P 500 Index remains low at 1.3%. As a result, income investors should focus on higher-yielding securities if they want additional income from their stock portfolios.Even better, investors can buy high yield stocks when they are also undervalued, which could lead to high total returns in the coming years.The […]
Justin Sun presents keynote speech at WebX 2024, TRON DAO featured as title sponsor
Aug 30, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Share this article Geneva, Switzerland, August 30, 2024 – WebX 2024, a global Web3 conference organized by CoinPost, welcomed TRON DAO as a Title Sponsor and welcomed its visionary founder, Justin Sun, as a keynote speaker. Additionally, TRON DAO played a key role as a Platinum Sponsor at OKJ Night and a sponsor at the […]
Bloomberg Explicitly Calls The End Game In The Repo Market
Aug 30, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels It’s what Rafi Farber has been saying for about two years now. The End Game will be focused on the repo market, where banks trade each other trillions of dollars every night for wholesale funding. With the Fed continuing quantitative tightening, eventually, there will not be enough dollars to grease the repo market, […]
Dollar General Is Being Nickel-And-Dimed
Aug 30, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash If Dollar General (DG) is having a hard time, imagine how its customers must feel. Shares of the $20 billion low-cost U.S. retailer fell 25% on Thursday after it cut its sales forecasts and reported second quarter earnings that didn’t meet expectations. Chief Executive Todd Vasos painted a troubling picture of the low-income group that […]
Marvell Stock: Could MRVL Be The Next Big Thing In AI?
Aug 30, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Marvell Technology Inc (Nasdaq: MRVL) is emerging as a major player in the artificial intelligence sector, according to Ivana Delevska, founder and chief investment officer of Spear Invest.With shares of the semiconductor giant surging over 30% this month, Delevska remains highly optimistic about MRVL’s potential as AI drives unprecedented growth in networking.Marvell’s commitment […]
Softs Report – Friday, Aug. 30
Aug 30, 2024
Jeremy Parkinson
Finance, No picture
COTTON General Comments: Cotton was higher yesterday in recovery trading as the overall situation is bullish with reduced production potential again this year and improving demand. There are still ideas of weaker demand potential against an outlook for improved US production in the coming year. It looks like futures are cheap enough for now but […]
Dell Stock Beyond The Expectations: Q2 Highlights
Aug 30, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Dell Stock: Strong Q2 Results and Record-Breaking Growth On Thursday, Dell Technologies Inc. (NYSE: DELL) exceeded all analysts’ expectations, driven by strong growth in its server division.The Infrastructure Solutions Group reported a 38% increase in revenue, reaching $11.64 billion for the fiscal second quarter, surpassing analysts’ estimates of $10.79 billion.Additionally, revenue from servers […]
Fading U.S. Inflation Keeps The Fed On The Path Of Rate Cuts
Aug 30, 2024
Jeremy Parkinson
Finance, No picture
Inflation is on track to hit the 2% target early next year with the latest PCE deflator print giving the green light to a September rate cut. However, consumer spending remains very robust and this may make the Fed reluctant to move aggressively. Nonetheless, a soft jobs report on 6 September could still tip the […]