During an interview on CNBC’s “Squawk Box” this morning (May 17), former CEO of General Electric Co. (NYSE: GE) Jack Welch issued a dire warning about the U.S. stock market’s future:
Trump’s impeachment may be coming, and it’s going to have a devastating effect on the stock market.
“An impeachment proceeding would....More>>>
For loyal fans and shareholders of Tesla Motors Inc (NASDAQ:TSLA), Thursday was a vindicating day. The company’s gigafactory that will make all the lithium-ion batteries that power the popular electric vehicle began production yesterday, silencing critics that had said Tesla would never be able to get that far. It did. The cells of the right size and shape for the ballyhooed Model 4 will begin....More>>>
Following past boom/bust cycles, the oil business appears to have bottomed in February 2016 at $27 a barrel. The bruising multi-year bust in crude oil prices was the biggest reason for the world stock market sell-off from late 2015 to early 2016 of roughly 15% overall. The cruel irony of ultra-low prices is its disruptive effect on regular exploration activity. A short-term oil market depression....More>>>
Asian shares were broadly higher on Tuesday, with the Australian market rising to a one-month high, as oil prices rallied on expectations that key oil-producing countries will agree to a deal to slash production.
The S&P/ASX 200 ....More>>>
Friday, early in the morning, at 4:30 AM ET, a variety of production reports, as well as the Goods Trade Balance for the UK, will be released. Production reports include Manufacturing and Industrial Production.
Fortunately, to trade these news events here in the US, it’s not necessary to wake in the middle of the night.
For one trade strategy, traders can place the trade....More>>>
The high-end jewelry market has always been more resilient than watches, as it is a less discretionary spending item. Moreover its cost base being mostly in Europe and outside Switzerland (compared to major watchmakers) gives an advantage to this product category, as the euro is down -6% versus the US dollar in the last 6 months. We expect the high-end jewelry sector to stabilize in the next 3 months,....More>>>
Notes for readers
Most of the figures are based on the latest quarterly results of Bed Bath & Beyond Inc. (NASDAQ:BBBY) or on the financial documents of the other mentioned companies.
Are Acquisitions and Marketing Initiatives The Long-Term Panacea?
The comparable revenue in Q3 2016 decreased 0.4% compared to 1.4% decline in Q3 2015. The increase of the net sales observed....More>>>