Class 8 Market Continues Collapse As Navistar Cuts 1,300 More Jobs The maker of international trucks said it would lay off 10% of its workforce and slashed its forecast for 2020 revenue...
'Global Mega Trends To 2030' Forecasts Matrix-Like Automated Future ....an overall move, leading to a matrix-like “total reality-virtuality continuum"...
Wall Street Analyst Jobs Vanish As Banks Take An Axe To Research With Market At Record Highs Because who needs an expensive team of analysts when clients can easily reap double-digit returns by dumping their money into passive funds?
Paul Volcker: The Man Who Vanquished Gold ...it was Volcker who masterminded the program that Nixon announced in August 1971, which unilaterally suspended gold convertibility of U.S. dollars held by foreign governments and central banks...
Can Goldman's Former Top Mortgage Bond Salesman Revive Connecticut's Moribund Economy? Former Goldman Partner David Lehman has been given the most powerful economic-development job in the state...
Why The "Phase One" Trade Deal Is Impossible, In One Chart Here's why China's "best efforts" promise to boost its agricultural imports from the US by 235% is virtually impossible.
Disney Snags 1.1 Million Netflix Subscribers With Streaming Service An estimated 24 million subscribers signed up for Disney+
Xi To Skip Davos, Collapsing Hopes Of Phase One Deal Signing Event With Trump It seems that China isn't interested in grandstanding the trade deal, unlike Trump.
McElligott's 2020 Outlook: Why Nomura's Quant Is Fading The Reflationary Groupthink Dating back to 1983, we see January as a top 3 month of the year for Ten Year US Treasury future, higher with a 70% hit rate
A Majority On Wall Street Are Convinced The Fed Is Currently Engaged In QE A little over half, or 53%, told RBC they believe the Fed’s recent actions in the Repo market are effectively a form of quantitative easing.
Hanke’s Weekly Inflation Roundup by Steve H. Hanke - Dec 20, 2019 1:20 pm Venezuela has been suffering from hyperinflation since November 2016 and holds down the top spot on my list, with an annual inflation rate of 6,484%.
One "Shetty" Week: Family Behind NMC Health Loses $820 Million After Muddy Waters Short NMC claimed those allegations were "based on false information."
Schiff On 'The Bubble': "It's Only A Matter Of Time Before The Whole Thing Implodes" “We’ve rebuilt an entire system instead of fixing the cracked foundation...”
The Quad Witch Glitch: Here's Why Stocks Soared Into This Morning's Open ...the options market 'tail' is wagging the US equity market 'dog' once again.
US Steel Shares Plunge, Dividend Slashed, Buybacks Halted, 1,500 Workers Cut Amid Deepening Manufacturing Recession "[C]urrent market conditions and the long-term outlook for Great Lakes Works made it imperative that we act now..."
US Personal Incomes Grow At Fastest Pace Of 2019, Spending Picks Up On a year-over-year basis, both incomes and spending re-accelerated but it was incomes that outperformed - up 4.9% YoY, the highest since Dec 2018...
Retailpocalypse - A Record 9,300 Stores Closed Across US In 2019 In 2019, 9,302 stores were reported to have been shut down or were going to be shut down, which is a 59 percent increase over 2018...
President Trump Was Right About the Fed Killing Growth... and About the Coming Economic Boom by Phoenix Capita… - Dec 20, 2019 8:51 am The charts don't lie.
