Yes, an inverted yield curve has been a good predictor of recessions. And yes, the yield curve has been flattening for the last year. But no one can predict when the yield curve will actually invert. This is another fruitless
August 28, 2018
Box, Inc.’s (BOX – Free Report) fiscal second-quarter 2019 adjusted loss was 5 cents per share, narrower than the Zacks Consensus Estimate of 6 cents per share. Revenues came in at $148.2 million, surpassing the consensus mark of $147 million. Revenues were
Here’s what we are looking for in tomorrow’s economic reports (Aug 29, 2018). 1. CA Current Account Balance (8:30 NY Time) — Bullish CAD Potential for upside surprise given improved trade balance 2. US GDP and Pending Home Sales (8:30 and 10:00
Morgan Stanley analyst Keith Weiss notes that Microsoft typically announces a dividend raise in mid-September and points out that the company has raised its dividend by an average of 14% annually since the financial crises in 2009, when the dividend
The gap between GDPNow and Nowcast is 2.6 percentage points, the widest ever. Inventories pad the GDPNow estimate. The spread between the GDPNow model and the Nowcast model of GDP predictions is the largest ever. GDP Estimates GDPNow: 4.6% GDPNow Real Final Sales: 2.6%
While businesses are already enjoying the benefits of lower taxes and regulatory relief from the Trump administration, they have yet another reason to celebrate, according to Bloomberg. By pouring hundreds of billions of dollars of tax cuts and extra government spending
Talking Points The US Dollar has fallen-below the bullish trend-line that has supported prices over the past two months, and we’re now seeing sellers test August lows in the currency around 94.50. The big driver here appears to be the
The flattening yield curve has sparked worries that a new recession is near, but the near-term outlook for growth still looks healthy, based on the latest set of nowcasts for third quarter GDP, as compiled by The Capital Spectator. The
