Using its debit and credit card data, BofA forecasts retail sales ex-auto to increase by just 0.3% mom, which would be a material miss to consensus expectations of a 1.3% increase.
"I would recommend building the best portfolio you can with China bonds, because the rates are higher, and whatever collection of Chinese stocks you can put together to best reflect what that economy is like, including some national and local brands."
Senior editor, Ash Bennington, joins managing editor, Ed Harrison, to discuss secular stagnation, initial jobless claims, and the fiscal cliff. They begin by…
David Brock faces legal actions and disclosures portraying his organizations as working so closely with the Clinton campaign in 2016 that they broke the law.
"Fast forward to 2020, and Apple has become what it once railed against: the behemoth seeking to control markets, block competition, and stifle innovation..."
Among the numbers reported by REITs this week, for perhaps the most tumultuous quarter the industry has experienced in modern memory, here's a stunner: 10,500. That's how many total shopping days Simon lost across its portfolio during Q2.
... this means because Credit Suisse was completely lazy, greedy and incompetent, some traders are about to eat a 99% loss if they bought in the last few days...
