The earnings disappointments continue with CAT and 3M the latest to add to fears about "peak earnings" after 3M not only missed Q3 earnings but slashed its full year EPS guidance, while CAT warned about rising material and freight costs.
The company announced Monday it intends to issue a new round of notes for "general corporate purposes, which may include content acquisitions, production and development, capital expenditures, investments, working capital and potential acquisitions a
The middle class in America has been declining for decades, and we continue to get even more evidence of the catastrophic damage that has already been done.
Two weeks after Morgan Stanley's chief equity strategist Michael Wilson ominously warned that US capital markets have "hit the tipping point" - just days before a furious drop in the S&P - and predicted that the US stock market is set to peak some ti
Over the last couple of weeks, as interest rates surged above 3%, we explored the question of whether something had "just broken" in the market.
In what may be the deadest canary in the commercial real estate coal mine yet, Bank OZK shares have plunged 26% today after the bank reported abysmal third-quarter earnings that trailed expectations...
With US homebuilder stocks having their worst year since 2007, hope is high that September will show the long-awaited rebound in home sales (despite a soaring mortgage rate).
Existing home sales declined 3.4% in September. This was the 6th month and the 5th month below the consensus estimate.
The average person doesn't know what the Fed is, or what it does, and President Trump has not helped in that regard. Instead of explaining to Americans that we're in a massive artificial economic bubble created by the Fed, the President has opted to
Many are claiming that this time will be different than the last. This should concern just about everyone.
It's no surprise that China has its own plunge protection team - but why were they so late? - now that Beijing blames its problems on Trump's tariffs.
Today, our nation has sunk into insolvency, and a serious financial day of reckoning is fast approaching. The governing class in Washington D.C., (in both parties) continues to load us and our posterity with perpetual debt and servitude. Most America