"We are starting to see the forward estimates come down now for the mid caps and small caps which have been leading the S&P 500 lower in this earnings recession."
Fed meddling is a real problem, to be sure. But, contrary to Yglesias’s claim, it has tended to accommodate deficits under both Democrats and Republicans...
"... inflows of new business have almost stalled... firms report a net drop in headcounts for the first time since 2010...weakest back-to-back expansions of business activity since 2009..."
After tumbling on Wednesday in the aftermath of the shockingly low ISM print, world stocks hovered near four-week lows after Trump imposed new tariffs on European goods, and as traders braced for even more bad news in today's Non-mfg ISM.
The dominant companies of the 21st century may not just be those that use data most effectively, but those who successfully retrain their existing workforce to effectively compete in a world where data is eating everything.
"Citi quite literally fabricated an antitrust case for the DoJ against Ramchandani based upon knowingly false allegations that he engaged in market manipulation and collusion."
“...no [municipal] department will take steps to restrict any contractor from doing business with the NRA or to restrict City contracting opportunities for any business that has any relationship with the NRA.”
