It is the 19th of February 2017

News

The Four Key Themes From Q4 Conference Calls

In its quarterly Beige Book publication, Goldman conveniently gathers anecdotal evidence of fundamental and thematic trends from the earnings transcripts of companies in the S&P 500. As Goldman's Davis Kostin explains, since President Trump’s surprise victory over Hillary Clinton in November, investors and management teams have been acutely focused on the new administration’s policy proposals. In this Beige Book, we focus on management commentary regarding four key pillars of the Trump Administration’s agenda: tax reform, regulation, fiscal spending, and trade policy.

Read More

RBC: "This Is The $1 Trillion Question On Our Clients' Minds"

With Dennis Gartman seemingly correct this time, and the market not only melting up, but in full "blow off top" mode, traders can only sit back and watch in quiet amazement how nothing can lead to even the most nominal of downticks. So in hopes of bringing some daily clarity, here is RBC's cross-asset head Charlie McElligott with his daily dose of market zen, focusing not only on the key events of the day, namely China's record credit injection and Yellen's more hawkish than expected Congressional testimony, but with an observation of what "continues to be the chief concern of clients on recent marketing swings", namely "The TRILLION dollar question: when does all of this “inflation as a good thing” tip over into “inflation with no growth”—aka STAGFLATION?"

Read More

Fossil Shares Plunge On Poor Results, Ugly Guidance; Strong Dollar Blamed

Nine months after FOSL stock plunged by 25%, after reporting abysmal Q1 results and even worse guidance, moments ago the watchmaker behind brands such as Skagen and Burberry reported another ugly quarter, which confirmed that the prevailing retail weakness continues.

Read More

"When Trade Stops, War Starts" Jack Ma Warns As China Protests US Sanctions On Iran

Having recently accused the US of 'wasting $14 trillion on war instead of its people', China's second richest man, Jack Ma, continued to voice his concerns to President Trump on a recent trip to Australia, warning retreat from globalization will only result in trouble.

Read More

Featured Apps

Free Money