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Business, Stocks

“HelloFresh shares dive 42% after meal kit giant warns on outlook”

March 12, 2024

“… …” https://www.cnbc.com/2024/03/08/hellofresh-shares-dive-42percent-after-meal-kit-giant-warns-on-outlook.html

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Economy, Stocks

“S&P 500 might crash 60%, a recession is looming, and speculation is rife, warns elite technical analyst Milton Berg”

March 12, 2024

“…Stocks might crash up to 60%, a recession seems likely, and market speculation has reached dangerous levels, a veteran technical analyst warned… Berg was likely nodding to John Hussman, who’s flagged the risk of a 63% plunge in the S&P 500,… Continue Reading…

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Business

“Best Buy warns of layoffs as it issues soft full-year guidance”

March 4, 2024

“…the retailer warned of another year of softer sales and said it would lay off workers and cut other costs across the business. CEO Corie Barry offered few specifics, but said the company has to make sure its workforce and… Continue Reading…

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Economy, Stocks

“…2/26/24 • KIRK ELLIOTT WARNS OF IMPENDING FINANCIAL CRISIS • INFOWARS”

February 27, 2024

Get ready for the crash. This is an opportunity of a lifetime. People who are positioned correctly will see immense profits. Those who are not ready will most likely suffer greatly.

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Banking

“Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom”

December 29, 2023

“Wells Fargo CEO Charlie Scharf said Tuesday that low staff turnover means the company will likely book a large severance expense in the fourth quarter. “We’re looking at something like $750 million to a little less than a billion dollars of severance in… Continue Reading…

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Economy

“As food prices rise in June, analysts warn of a ‘tipping point’ for Americans”

December 13, 2023

“…Food prices rose 3% in June compared to a year ago, according to the latest data from the Bureau of Labor Statistics. After a year of price hikes, consumers continued to see food prices rise, but at a slower rate. Grocery… Continue Reading…

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Stocks

“Warner Bros. Discovery stock sinks 15% as ad revenue falls, Zaslav warns of ‘generational disruption’”

November 8, 2023

“Warner Bros. Discovery shares fell Wednesday after the company reported a decline in advertising revenue, a bigger-than-expected loss and lackluster streaming subscriber numbers. Here’s what the company reported for the quarter ended Sept. 30, versus analysts’ estimates, according to LSEG, formerly… Continue Reading…

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Economy, Real Estate

“Evergrande [Chinese Real Estate] Investors Warn of ‘Uncontrollable Collapse’”

October 10, 2023

https://finance.yahoo.com/m/4860dae8-ef14-316e-b390-86f867d5e267/evergrande-investors-warn-of.html The article is behind a paywall so I’ll just comment on the subject. Pretty much all of the real estate in China is in trouble. Many of the major real estate companies were selling houses before they were build… Continue Reading…

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Real Estate

“Country Garden [Chinese Real Estate] says it may not be able to repay debt, warns of uncertainty around liquidity position”

October 10, 2023

“Chinese real estate developer Country Garden Holdings said it expects it will not be able to make all of its offshore repayments, including those issued in U.S. dollar notes. The company failed to make a debt repayment of 470 million Hong Kong… Continue Reading…

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Banking

“Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase”

August 15, 2023

“A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the risk of sweeping rating downgrades on dozens of U.S. banks that could even include the likes of JPMorgan Chase“ https://www.cnbc.com/2023/08/15/fitch-warns-it-may-be-forced-to-downgrade-dozens-of-banks.html How does it feel JPMorgan?… Continue Reading…

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