China stocks went nowhere overnight… seems like the panic buyers from Tuesday have left (cough National Team cough) The Dow finally broke above its January record highs and there were record highs all around for stocks as trade wars are
September 20, 2018
“Although journalism was always a loose extension of establishment power, something has changed in recent years.Dissent tolerated when I joined a national newspaper in Britain in the 1960s has regressed to a metaphoric underground as liberal capitalism moves towards a
CNBC’s Jon Fortt reports that Micron’s earning per share beat expectations.
A somewhat unconvincing day for Asia with no market really standing out from the crowd. Even with Trade Talks hitting all of the papers, the markets look to be dismissing much of the hype. Yesterday was a good example of
The thing about politics is nobody knows anything. We learned that in November 2016. There’s a particularly high degree of “know-nothingness” in Washington these days. That creates a lot of uncertainty. Markets are reacting to it… and that’s really good news
Data Courtesy of Trade Alert
Lifetime. Highs. Everywhere. For the most bearish month of the year, September is doing one lousy job. I guess all the chatter you’ve seen here on Slope about 3000 on the S&P (not from me…) might just materialize sooner than imagined.
Hourly Earnings Growth – Real Wage Growth Is Positive Again Inflation missed estimates as CPI fell from 2.9% year over year to 2.7%. Hourly earnings growth was 2.9% which was a cycle high. Therefore, it’s not surprising real wage growth
Solid gains across the board but it was holders of Dow Jones stocks which had the best of the action, continuing a sequence of gains triggered earlier this week. The Dow Jones Industrial Average will soon be dealing with channel
The struggling homebuilding industry heaved a sigh of relief after housing starts data for August came in above expectations and saw the biggest increase in seven months. U.S. housing starts climbed 9.2% to a seasonally adjusted annual rate of 1.28
