Monthly Archives: September, 2016
The Longest S&P Earnings Decline since 2008
The Wall Street Journal correctly reports that investors continue to reach for yield despite crumbling earnings.
The third quarter was supposed to be when earnings...
Merger Activity in Pipeline Shares Heats Up
The last big takeover in the pipeline industry (only announced a couple of weeks ago) was Enbridge Energy buying Spectra energy. The acquisition created...
Solid Advice From E.J. Smith in 2009, Even Better Today!
In 2009 E.J. Smith wrote:
In 2008 alone $108 billion flowed into the top three custodians for investment advisers while the big-four Wall Street brokerages...
Consumer Confidence Hits 9 Year High in Latest Release
American consumer confidence hit a nine-year high today, the highest reading since the Great Recession.
Worthy Reads: Fed’s Fischer Says Wages Beginning to Respond to Labor Market
Fed’s Fischer Says Wages Beginning to Respond to Labor Market (Bloomberg)
World Trade Set for Slowest Yearly Growth Since Global Financial Crisis (WSJ)
Keeping the Wheels of...