After thinking about it all day, I’m still not quite sure this isn’t a joke; a high-brow commitment of utterly brilliant performance art, the kind of Four-D masterpiece of hilarious deception that Andy Kaufman would’ve gone nuts over. I mean, it has to be, right?I’m talking, of course, about Jackson Hole and Jay Powell’s reportedly […]
As bears are capitulating and markets keep making new highs on the heels of yet another dovish speech by Jerome Powell investors continue to chase historic valuations. Nothing has mattered so far, […]
Class wars are the inevitable result of an economic system in which ‘anything goes if you’re rich enough and winners take most’. The traditional class war has been waged between wage-earners (who sell their labor) and their employers (owners of ca…
Coming on the heels of the first contraction after 23 consecutive quarters of growth, the U.S. economy suffered its steepest decline on record in the second quarter of 2020. According to the second estimate published by the Bureau of Economic Analysis …
U.S. Vice President Mike Pence spoke on the third night of the Republican National Convention, praising the Trump administration’s economic prowess. He urged voters ask themselves “who do you trust to rebuild this economy? A career politician who presi…
As American students get ready to return to university or start out at third level for the first time, preparations are anything but standard amid the coronavirus pandemic. The New York Times conducted a survey in an attempt to gauge the number of conf…
Hurricanes can cause a staggering amount of human losses as well as economic hardship for those affected. Total monetary losses habitually exceed insured losses in the case of hurricanes, as our graphic with data from Munich Re shows.Of the estimated U…
Relentless squeeze in $SPX and $NDX to ever higher highs and bears are capitulating left, right and center. Short interest at 15 year lows, asset manager index parked north of 100, the […]
There are still more positive sentiment responders
Earnings managed to beat estimates only because analysts’ set it up to work that way.