November Payrolls Jump 228K, Beat Expectations But Wage Growth Disappoints
In a continuation of the recent theme shown by the labor market, the BLS reported that November payrolls rose by a seasonally adjusted 228K, beating expectations of 200K, if lower than October's...
View ArticleInvestors 'Buy The Dip' After Trump Slams Wells Fargo's "Bad Acts"
In an out-of-the-blue tweet perhaps aimed at reassuring his base that his not 'with the banks', President Trump took aim at Wells Fargo this morning...Fines and penalties against Wells Fargo Bank for...
View ArticleVisualizing The World's Most Valuable Companies Of All Time
MODERN JUGGERNAUTS LIKE APPLE DON’T EVEN COME CLOSEThe Chart of the Week is a weekly Visual Capitalist feature on Fridays.Courtesy of: Visual CapitalistBefore speculative bubbles could form around...
View Article"Millennials Don't Care About Logos": How Collapsing Brand Loyalty Will Allow...
Despite daily affirmations from the White House that "everything is awesome" with the economy, 2017 has been a miserable year for retailers. As Reorg First Day points out, over 30 retailers, with debt...
View Article$19,000: Bitcoin Hits New All Time High After Burst Of Asian Buying; Bigger...
Having traded in a relatively narrow - for bitcoin - range of $16,500-$17,500 over the past week, the world's most popular cryptocurrency jumped to new all time highs following the latest (unexplained)...
View ArticleGoldman Finds Tax Reform Will Greatly Benefit The Big Banks
It's not just the ultra rich, as well as a dazed and confused Bob Corker who is set to reap a $1+ million windfall from the passage of a tax bill which he opposed until just days ago, who will benefit...
View Article"These Are The Darkest Hours..."
Authored by James Howard Kunstler via Kunstler.com,The Tax “Reform” bill working its way painfully out the digestive system of congress like a sigmoid fistula, ought be re-named the US Asset-stripping...
View ArticleHere Are The Biggest Winners And Losers From Trump's Corporate Tax Cuts
Credit Suisse Chief US Equity Strategist, Jonathan Golub, has estimated that corporate tax cuts in the U.S. could boost average earnings of companies in the S&P by about 8-10%. Now, as those tax...
View ArticleIs The GOP Tax Cut Finally Priced In? Here's What Wall Street Thinks
Having passed the Senate, and - moments ago, for the second time - the House, the Republican Tax Cuts and Jobs Act, aka the Trump Tax Cuts is officially a done deal, just waiting for the President's...
View ArticleWells Fargo, Fifth Third, Comcast Unveil Minimum Wages Hike, Bonus Payments...
Update: Add Comcast to the list #winningpic.twitter.com/QBForn6EeF— Phil Kerpen (@kerpen) December 20, 2017* * * AT&T's announcement that it would boost US capex by $1 billion and pay a $1,000...
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