August 8, 2024
https://www.barrons.com/articles/fed-goldman-recession-rates-16bf36fc Article is behind a paywall so I’ll make a few comments instead. First of all we are already in a recession. The government altered the definition in order to avoid stating the obvious. Second, by the time mainstream media… Continue Reading…
August 7, 2024
“The average rate on the popular 30-year fixed mortgage dropped 22 basis points to 6.4% Friday, according to Mortgage News Daily. That is the lowest rate since April 2023. The 15-year fixed rate fell to 5.89%, its lowest level since early May… Continue Reading…
August 5, 2024
“Stocks fell sharply on Friday as a much weaker-than-anticipated jobs report for July ignited worries that the economy could be falling into a recession. The broad market index dropped 1.84% to end at 5,346.56. The Nasdaq Composite lost 2.43% to close at 16,776.16, bringing… Continue Reading…
May 10, 2024
“…Here’s how the company did for the first quarter, compared with consensus expectations from LSEG: The better-than-expected first-quarter results were overshadowed by Shopify’s outlook for the current quarter. The Canadian e-commerce company said it expects second-quarter revenue to grow at… Continue Reading…
April 18, 2024
“Shares of Dr. Martens plunged 30% on Tuesday to hit a record low, after the shoemaker flagged a challenging 2025 outlook on the back of weaker revenues. Trading in the company shares was temporarily suspended on the London Stock Exchange… Continue Reading…
March 21, 2024
“Adobe shares closed down nearly 14% on Friday after the company reported first-quarter results that beat estimates but delivered a light quarterly revenue forecast. The move marked the stock’s steepest decline since Sept. 15, 2022, when shares closed down 16.8%… For the current… Continue Reading…
November 10, 2023
“The Trade Desk shares plunged about 30% in after-hours trading on Thursday after the ad-tech company issued fourth-quarter revenue guidance that fell well short of analysts’ estimates. Third-quarter results topped estimates. Here’s how the company did: For the December period, Trade… Continue Reading…
February 10, 2023
“Shares of Lyft fell more than 35% when markets opened on Friday, a day after the company reported guidance for its first quarter of 2023 that fell short of analyst expectations. The company expects to make about $975 million in… Continue Reading…
February 3, 2022
“Shares of Facebook parent Meta were down more than 25% Thursday after the company forecasted weaker-than-expected revenue growth in the next quarter. It also said it’s taking a big hit from Apple’s privacy changes, and showed the first quarterly decline in daily active users… Continue Reading…
January 14, 2022
“EDITOR’S NOTE: If employers paid their workers produce or livestock instead of promissory notes (that’s what fiat money is), then workers would immediately notice if the quality of the produce or livestock is dwindling. The food wouldn’t taste right, and the… Continue Reading…
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