Corporate America

David Stockman Offers "More Proof Of Janet Yellen's Idiocy"

"Anyone buying stocks based on confidence that the Fed has their back notwithstanding Wednesday’s action surely deserves the pounding just ahead. What Yellen had to say doesn’t even reach the status of babbling; it was flaming incoherence..."

US Government Revenues Suffer Biggest Drop Since The Financial Crisis

In the 12 months ended Feb. 28, total federal revenues were $3.275 trillion. This amount was 1.1% lower than the $3.31 trillion reported one year ago, and is the third consecutive month of annual receipt declines. This was the biggest drop since the summer of 2008.

Earnings Season So Far: 27 Of 42 Reporting Companies Cite "Trump" Or "Administration"

Of the 42 S&P 500 companies reporting Q4 earnings so far, 27 cited the term “Trump” or “administration” during their Q4 earnings calls. Tax policy was cited or discussed by the highest number of S&P 500 companies at 11. Six of these 11 companies stated that if taxes were lowered, it would benefit their clients or themselves.