(Via BeSpoke Investment Group, “Investors Intelligence Sentiment Survey”, June 3)
Federal Express (FDX) reported earnings last Thursday. Revenues were off 20% from the year ago period and net income 53%, though EPS of 58 cents a share was well above previous guidance. FedEx talked some about recovery and CEO Fred…
With inflation raging, the monthly CPI Report has replaced the Jobs Report as the government economic number with the most impact. Let’s take a look at the state of the market heading into the February CPI Report Thursday morning at…
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“Why The Stock Market Should Crash”, Charles Hugh Smith, Seeking Alpha, November 16 “Our Steroid Pumped Economy”, Vitaliy Katsenelson, Seeking Alpha, November 18
Financials are leading markets down today (XLF: -3.47%) on a downgrade of Citigroup (C: -6.43%) and a consideration that the Fed might really mean what it says and not cut rates again on Dec. 11. The Fed talked a tough…
