It was just one short month ago when, on the back of the soaring dollar (which has since soared even more), as well as “diminished global GDP growth and lower crude prices“, Goldman’s David Kostin cut his EPS for 2015 and 2016 from $125 and $132 to $122 and $131. Then, it was just two short weeks…
The US dollar remains king. It continues to be supported by the divergence in growth and interest rate differentials. Even though the ECB did not take fresh action this past week, there is little doubt that it will in early 2015. The aggressive monetary policy in Japan, where the BOJ is expanding its balance sheet…
Editor’s Note: In today’s Weekend Edition… what we believe is the single most important wealth secret to succeeding as an investor over time… and avoiding what Bill calls a “ruinous loss.” Contrary to what most stock market gurus would have you believe, investing success is not all about stock picking. As Bill says, it’s about being in…
Photocredit: Shutterstock London, Berlin, the Nordics and Israel are views as major tech hubs and as centers of innovation The European startup scene has evolved significantly over the past years. While five years ago not many talked about London, Berlin or the Nordics as tech hubs, nowadays these regions -as well as Tel Aviv- are considered as…
For many years, investors couldn’t count on the technology sector for dividends. Investors who desired income from their stock investments had to look elsewhere, toward traditional dividend payers such as utilities or consumer goods companies. However, the technology sector has become a great place to look for dividends. That’s because the largest technology companies are…
The rumor of Vodafone Group Plc. (VOD – Analyst Report) mulling over the acquisition of Liberty Global Plc. (LBTYA – Analyst Report) was making rounds earlier this week, in the U.K. telecom circle. However, Vodafone has put an end to all speculations by invalidating the Liberty Global merger talks. Management further stated that the company is not considering any acquisition in the U.K….
In the spirit of full disclosure from 1995 to 2004 I was an equity analyst, research manager and director of equity research at two different “boutique” brokers. My experience there, particularly with the last one at Adams Harkness in Boston (which was acquired by Canaccord Genuity), greatly informs my analysis with this type of business….
Behind the Numbers had some interesting comments on the retail sector in this week’s Thursday Thoughts: Tuesday’s front page article in the WSJ did a nice job explaining how rising costs and shifting spending habits are stifling the consumer’s discretionary shopping. While such a premise may seem suspect in an environment of low inflation and…
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Consumer credit growth has been trending down down after peaking in July. Even with the backward revisions changing trends, this particular trend has been in play for two months now. In any event, year-over-year growth (ignoring student loans) is still growing at double the rate of consumer contribution to GDP growth. The headline said: In October,…
