Two Seeking Alpha Pieces Make The Case Against The Economy And Stock Market
“Why The Stock Market Should Crash”, Charles Hugh Smith, Seeking Alpha, November 16
“Our Steroid Pumped Economy”, Vitaliy Katsenelson, Seeking Alpha, November 18
“Why The Stock Market Should Crash”, Charles Hugh Smith, Seeking Alpha, November 16
“Our Steroid Pumped Economy”, Vitaliy Katsenelson, Seeking Alpha, November 18
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Cash America (CSH), operator of about 500 pawn shops in the United States, today significantly increased their expectations for 2nd quarter earnings. Pawn shops make money by lending money that is collateralized by the borrower’s personal possessions such as jewelry…
Reading Apple’s (AAPL) financial reports is sick. It’s like looking at those comic book superheroes with monstrous muscles and tiny waists. It’s unreal. In the just completed quarter, Apple had revenues of $7.5 billion – up 43% from the year…
Qualcomm (QCOM), the huge San Diego, CA based manufacturer and licenser of cell phone chips and patents, reported a solid fiscal year 4th quarter after the close yesterday (FY 4Q Earnings Release), but forecasted weak profit growth in the coming…
With the Fed slashing the funds rate to 1% today, it’s worth remembering what happened the last time they did this: We got the most massive housing bubble in the history of mankind. Well, today, in the midst of this…
The barrage of bad news continues today with a number of companies announcing layoffs: AT&T said they will layoff 12,000, 4% of their total workforce. Dupont said they will layoff 2,500 full time and 4,000 contractor positions with more to…