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What Reagan Told The NYSE After Black Monday: Thank Heaven For Humans
30 years ago this week, after the dust settled in the largest stock market crash in history, President Reagan wrote a letter to The New York Stock Exchange members...
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What Reagan Told The NYSE After Black Monday: Thank Heaven For Humans
30 years ago this week, after the dust settled in the largest stock market crash in history, President Reagan wrote a letter to The New York Stock Exchange members...
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American Express CEO Ken Chenault Is Retiring
Despite credit card giant American Express reporting another round of solid quarterly earnings, with revenue of $8.40bn beating expectations of $8.19bn, and generating EPS of $1.50, also above the $1.48 expected, and boosting its profit guidance for good measure, now projecting full year EPS of $5.80 to $5.90, up from $5.60 to $5.80 (above the consensus estimate of $5.75), AXP stock initially spiked, then immediately slumped back to unchanged, following news that the company's CEO since 2001, Ken Chenault, is retiring effective February 1, 2018.
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American Express CEO Ken Chenault Is Retiring
Despite credit card giant American Express reporting another round of solid quarterly earnings, with revenue of $8.40bn beating expectations of $8.19bn, and generating EPS of $1.50, also above the $1.48 expected, and boosting its profit guidance for good measure, now projecting full year EPS of $5.80 to $5.90, up from $5.60 to $5.80 (above the consensus estimate of $5.75), AXP stock initially spiked, then immediately slumped back to unchanged, following news that the company's CEO since 2001, Ken Chenault, is retiring effective February 1, 2018.
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Big Blue Blasts Dow To (Another) New Record High As Chinese Yield Curve Inverts
Don't fight The Fed or The Machines...
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What To Look For If This Is Indeed A Major Bubble
The core thesis presented earlier by Fasanara Capital, is that what is taking place in the market right now is the blowing of arguably the biggest asset bubble in history, or rather twin bubbles - impacting both equities and bonds...
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