Just about everyone was expecting a third quarter point cut in the Fed funds rate during Wednesday’s announcement, but we also got some reassurance of this as well. The Federal Reserve has been known to overreact at times sometimes on the side of being cautious about not wanting to do too much to stimulate the […]
Companies usually go out of their way to put as positive a spin as they can on their results to stroke their stocks. Grubhub just chose to tell the naked truth, and got slammed. Food delivery service Grubhub has had their stock listed for over 5 years now, starting out in March 2014 at an […]
It might be a little hard to understand how Beyond Meat could beat earnings and sales estimates by a lot and still see its stock price tank by 10%. It makes sense though. It often will take quite a while before a newly issued stock starts to show a profit, but Beyond Meat has been […]
Several U.S. fund managers are starting to eye European stocks in spite of how poorly this region has performed for a long time. Is it time for us to start considering them as well? Many people may be familiar with the concept of opportunity cost in economics, perhaps remembering it from a course they may […]
With all of the talk about what the ramifications of a wealth tax may involve, we’ve neglected to address the issue of how to measure it, especially with stock positions. The very fact that people may have to liquidate assets in order to pay taxes that are due is a scary enough prospect. There is […]
When you have lost money 11 years out of 11, with a 12th being a virtual certainty, taking a quarter off from losing once in a while can really excite some people. You know that a company is popular when you can spend your first 12 years losing money each and every year and a […]
Most companies are coming in ahead of estimates for third quarter earnings, which is due in part to particularly understated predictions. Amazon’s wasn’t set low enough. When your company is worth 888 billion, a single percentage point move in your stock adds up to 8.8 billion. Amazon dropped 8.75 of these when it’s third quarter […]
Fresh off his remarks about how we need to raise the wealth tax much higher than proposed, Bernstein’s Philipp Carlsson-Szlezak leads us in a discussion about bears. There are surely many people who think that bear markets and recessions simply go together, where a bear market will mean a recession is going on and a […]
In spite of all the economic concerns out there about the proposed wealth taxes from Bernie Sanders and Elizabeth Warren, one Wall St. Economist thinks they are too small. The fact that modern economies are living on borrowed time is far from news, even though not a lot of people care or dare to think […]
In spite of all the problems that Boeing has had lately with its 737 MAX aircraft, Wall St. Analysts have stood by them. The leaked emails now having them turning on Boeing. Boeing started 2019 by simply busting out of the gate. From the close of trading on December 24 to the close on March […]