Economists missed the wholesale trade report numbers by a mile. The Econoday Consensus Estimate for today’s trade numbers was +0.2% in a range of 0.0% to 0.4%. The actual report (for October) came in at -0.1%. That’s bad enough, but some of the much touted inventory build for 3rd quarter (See Wholesale Trade Inventories Surge Led By Autos)…
Kinder Morgan (KMI) recently announced that will cut its dividend payments 75% – from $0.51 a quarter down to $0.125 a quarter. Sadly, much of Kinder Morgan’s stock was owned by retail investors; specifically dividend investors and retirees. Note:Kinder Morgan was not in the Sure Dividend universe as it didn’t have 25+ years of steady or increasing…
China has exhibited the tendency of late toward political considerations of certain economic and financial factors rather than allow open interpretation. That point has been expressed about Chinese GDP but it also applies to Chinese markets, particularly those directly connect to the “dollar” – the CNY/USD exchange rate compressed to a straight, horizontal line from…
China has exhibited the tendency of late toward political considerations of certain economic and financial factors rather than allow open interpretation. That point has been expressed about Chinese GDP but it also applies to Chinese markets, particularly those directly connect to the “dollar” – the CNY/USD exchange rate compressed to a straight, horizontal line from…
Dividend investors are very nervous these days. They watch the troubles at Kinder Morgan (NYSE:KMI) and other oil pipelines, companies that promised huge dividends and now can’t deliver. They wonder if there is any safety for their type of investor. For such people, there is AT&T (NYSE:T). AT&T pays a steady, and rising dividend. More importantly, it can…
‘Tis the season! The holidays are right around the corner, and people around the world are preparing for this most wonderful time of gifting and receiving. While you are scoping out the best deal on a new TV, it can be easy to forget about stocks, but it’s important that you treat also treat your…
Well that escalated quickly… It’s been a wild ride for the machines running The Dow this last week… S&P broke below the 50 and 200DMA… deFANG’D… USDJPY is seeing massive liquidation… Just a little more turmoil and The Fed will “hold” Charts: Bloomberg
A CBS Corporation chart view: Closely related to this, I offer you a favorite video of mine, as well as a very ZeroHedge-based view of the world and how it works:
Square, Incorporated (NYSE: SQ) – Buy Recommendation – $13.10 PT Square is a San Francisco based company that develops and markets point-of-sale software and hardware primarily for smartphones and tablets. We previewed SQ’s IPO quiet period expiration on our IPO Insights platform (and its IPO here). The 25-day quiet period on Square, Incorporated will come to an end on…
Forbes every year provides a list of the wealthiest Americans. The top ten members of this list are worth a combined $460.4 billion. If every American citizen were to each receive $1, there would still be a remaining $141.5 billion leftover. These ten American men are worth more than the 2014 GDP PPP of nations such as Singapore, Sweden,…
