India’s GDP Growth Slows To Two-Year Low
Image Source: PexelsTwo weeks ago, when looking at the recent sharp drop in Indian stocks and the concurrent slide in earnings expectations, we asked whether the Indian stock bubble – one of the most resilient of the past decade – had finally burst.Today we got another confirmation that the answer appears to be yes, when we learned that India’s […]
Baxter International: Dividend Cut Because Of Restructuring
Image Source: PixabayBaxter International (BAX) cut its dividend because of the upcoming sale of the Kidney Care business, high debt and leverage, lower earnings per share, and free cash flow. It had a seven-year streak of increases before the reduction. Moreover, the share price has decreased considerably since late 2021 and is near a 52-week low. The […]
US Dollar Recovers From Daily Lows On Quiet Friday
Image Source: Pixabay US Dollar Index falls near 106.00 on a quiet Friday. DXY stands soft as US markets open on Black Friday after remaining closed on Thursday. The hawkish Fed and strong economic outlook from the US might limit the downside. The US Dollar Index (DXY), which measures the value of the USD against a basket […]
Think Ahead: Huddle, We Need To Talk About The Fifth Quarter
Image Source: PixabayJames Smith reckons American football offers the perfect analogy for central banks. Only problem? He hasn’t the foggiest idea how the sport works. Take a time out, grab yourself a corndog, and read on as he and the rest of the team look ahead to another important week for financial markets. THINK Ahead: The fifth […]
10 High Dividend Stocks You’ve Never Heard Of
Image Source: Pixabay High dividend stocks are stocks with a dividend yield well in excess of the market average dividend yield of ~1.3%.The resources in this report focus on truly high yielding securities, often with dividend yields multiples higher than the market average.We have created a spreadsheet of high dividend stocks (and closely related REITs and MLPs, etc.) with dividend yields of […]
Three Measures Of Output
GDP, GDO, GDP+: Figure 1: GDP (blue), GDO (tan), GDP+ (green), all in bn.Ch.2017$ SAAR. GDP+ scaled to equal GDP at 2019Q4. Source: BEA, Philadelphia Fed, author’s calculations. Note that none of these series evidences two consecutive quarters of negative growth (GDP evidences one quarter).What about forward looking indicators? Nowcasts indicating continued growth are depicted here. Consumption, which […]
Kroger To Post Q3 Earnings: Key Factors Investors Should Note
Image Source: Pexels The Kroger Co. (KR – Free Report) is likely to register a top-line increase when it reports third-quarter fiscal 2024 results on Dec. 5. The Zacks Consensus Estimate for revenues is pegged at $34,295 million, indicating an increase of 1% from the prior-year reported figure.The bottom line is also expected to improve year over year. In the past […]
S&P 500 Earnings Dashboard 24Q3 – Friday, Nov. 29
Image Source: Pexels S&P 500 Aggregate Estimates and Revisions 24Q3 Y/Y earnings are expected to be 9.0%. Excluding the energy sector, the Y/Y earnings estimate is 11.7%. Of the 482 companies in the S&P 500 that have reported earnings to date for 24Q3, 76.3% reported above analyst expectations. This compares to a long-term average of 66.9%. The 24Q3 Y/Y blended revenue growth estimate is 5.3%. If the energy sector is […]
5 Best-Performing Sector ETFs Of November
Image Source: Pixabay Wall Street enjoyed a strong rally this month, mainly driven by the optimism surrounding corporate growth under President-elect Donald Trump. Additionally, the Fed’s second rate cut buoyed optimism. Notably, all the major indices touched milestones in the middle of the month. The S&P 500 Index topped the 6,000 level while the Dow Jones […]
Ether Could Benefit More Than Bitcoin Under The Trump Administration
Image Source: Pixabay Grayscale Investments’ head of research Zach Pandl expects Ether to benefit more than Bitcoin as Donald Trump takes the office in January.Trump has already promised regulatory clarity and more accommodative policies for digital assets.His pro-crypto stance may prove to be a meaningful tailwind for Ethereum as it has more extensive use cases than Bitcoin […]
