Category Archive: Finance
China’s Unilateral Debt Jubilee?
Western nations are bankrupt. This is “old news” to regular readers, as is the (obvious) conclusion that these corrupt/insolvent regimes will once again have to resort to History’s economic get-out-of-jail-free card: Debt Jubilee. What has been far less-obvious is what form such a “jubilee” would take. We live in a Crime Syndicate system. Literally every facet of our […]
Gaming And Leisure Properties, Inc. Announces Public Offering Of 19,000,000 Shares Of Common Stock
WYOMISSING, Pa., March 28, 2016 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (the “Company” or “GLPI”) (NASDAQ:GLPI), the first publicly traded gaming-focused REIT in North America, today announced that it has commenced an offering to sell 19,000,000 shares of its common stock in an underwritten public offering.The Company intends to grant the underwriters a […]
YTD Corporate Default Jump To Highest Since 2009
While many were looking forward to the weekend in last week’s holiday-shortened week for some overdue downtime, the CEOs of five, mostly energy, companies had nothing but bad news for their employees and shareholders: they had no choice but to throw in the towel and file for bankruptcy. And, as Bloomberg reports, with last week’s […]
GDPNow Forecast Plunges To +0.6%; Tracking Lockhart’s Momentum With Pictures
In the wake of a dismal personal income and outlays report today, the Atlanta Fed GDPNow Model forecast plunged to +0.6%. Recall that on March 21, Atlanta Fed president Dennis Lockhart cited “sufficient momentum evidenced by the economic data to justify a further step at one of the coming meetings, possibly as early as the meeting scheduled […]
Binary Options Trading Opportunities For March 29, 2016
During the day on Tuesday, we could get quite a bit of volatility in the US stock markets due to the Consumer Confidence numbers, but beyond that there isn’t much in the way of market moving information that we see at this moment. USD/CHF The USD/CHF pair initially tried to rally during the course of […]
E ADRs Best & Worst Report – March 28, 2016
The best sectors across ADRs are utilities, services, and technology. The top countries are Canada, Taiwan, and So. Africa. The average ADR score is 48.33 and that’s above the four week and eight week average score of 49.73 and 45.83, respectively. The average ADR in our universe is trading -28.45% below its 52 week high, […]
Bear Of The Day: Compass Minerals
Just like the weather changes with the seasons, so can your profits. Certain businesses are obviously more cyclical than others. While some cycles are based on economics others are based on weather. Today’s Bear of the Day is a company that should have had a wonderful winter season but instead struggled. Low snow fall meant low profits […]
Bullish Setups For The Market’s Move Higher
The market pulled back nicely last week… it pulled back orderly, and after seeing the three day pullback there is little concern at this point for the bulls. Sure the selling could pick up, but as it stands right now, this market looks like a light volume pullback that the bulls are going to buy […]
The Struggle For Brazil – And Against The Brics
While international media focuses on Brazil’s mass demonstrations against corruption, efforts behind the façade precipitate regime change, restoration of a pre-Lula order, and a struggle against the BRICS nations. The U.S. feels threatened by an era of multipolarity, which deeply implicates China, and other emerging economies. In August 2016, Rio de Janeiro should host South […]
Consumer Spending Outlook Buckles With “Surprisingly Weak” Income Report
Those trumping up the notion consumer spending would pick up in the first quarter were in for a surprise today. The BEA report on Personal Income and Outlays was anything but strong. Bloomberg Econoday found today’s report “surprising”. The Econoday economist’s consensus reading for February was 0.1%, with the actual report coming in better at 0.2%. The surprise was […]
