Friday, September 13, 2024
Earnings Off to Weak Start as Banks Fill Rainy Day Funds

Earnings Off to Weak Start as Banks Fill Rainy Day Funds

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Earnings season began on a weak note as major banks set aside billions for credit defaults after coronavirus shut down the U.S. economy. JPMorgan Chase...
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Netflix’s Covid Surge Fades and Banks Struggle: Earnings This Week

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Earnings season has begun on a weak note as banks struggle and Netflix said its blistering growth will slow. The four biggest U.S. lenders --...

Breakouts and Breakdowns: Forgotten Industries Like Financials and Autos Are Leading in 2021

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Sentiment has changed dramatically in 2021 as investors position for a surge of economic growth. This has caused some big pivots between former leaders...

Will the Strong Economy Distort Today’s Jobs Report?

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Today features an event that's usually considered the most important economic report of the month. But it might be distorted by the strong economy. That...

A Tough Slog For Banks, With a Happy Ending

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There was a day when higher interest rates lifted financials. But not anymore. Selling in the sector has been intense, with 64 of the 67...
Double-Dose of Good News for Economy as 2019 Begins

Double Dose of Good News for Economy as 2019 Begins

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The U.S. economy has gotten a double dose of good news as 2019 gets underway. Non-farm payrolls had their biggest gain in 10 months, almost...

Don’s Notebook April 10, 2018

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Will the first impact of March's steel and aluminum tariffs appear in today's producer price report? Wall Street consensus calls for only a marginal...

Don’s Notebook June 29, 2018

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Strength in consumer spending is highlighted in today's Personal Income & Outlays report, demonstrated by the PCE index, the Federal Reserve’s preferred inflation gauge,...

Don’s Notebook July 16, 2018

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Federal Reserve Chair Jerome Powell will answer questions from the Senate Banking Committee in Washington in the first of two days of testimony to...

Don’s Notebook July 23, 2018

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The National Association of Realtors reports Existing-Home Sales data today and forecasters are calling for a consensus of 5.440 million annualized rate in June...
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