jmackin2 I always wonder why everybody talks about Italy's economy and Greece's economy being so paper thin and House of Cards and not China's debt-ridden House of Cards economy?
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There's a worrying split between stocks and bonds, and economists aren't sure which market is rightThe stock market is euphoric over the idea that a trade deal between the U.S. and China will fix the economy and boost earnings, but the bond market still sees uncertainty and a possible recession lurking. Probably correct... You do realize the majority of your tweets don’t age well Bless your heart for trying. You’re good at it. See you at Dow 27k.
Source: CNBC - 🏆 12. / 72 Read more »
Bond-market bloodbath likely to hit mortgage rates soon — another test for the housing marketRates for home loans moved down, Freddie Mac said, but a sell-off in bonds will likely hit the mortgage market in the coming weeks.
Source: MarketWatch - 🏆 3. / 97 Read more »
Italy's stocks are in bear market territory as the global market rout reignites budget crisis fearsWhile most stock markets are contending with fears of a global slowdown, Italian investors have also got to consider a cocktail of domestic risks, largely linked to the country's ongoing budget crisis, which has seen its government clash with the European Union over its spending plans.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Bond market sends warning signal to Wall Street, sparking stock market sell-offStocks plummet after U.S. bond market flashes a warning sign about the economy. What is the signal? And why does it matter to your money? background remove professionally? Traders will be wearing their DOW 20,000 hats soon enough. But no worries...Kudlow says all is good. Haha!
Source: USATODAY - 🏆 100. / 63 Read more »
Despite the market comeback this year, traders worry an earnings decline will kill the bull marketWe are still in the longest bull market on record, yet the entire trading community seems convinced the bull is about to roll over. DUH! Proof is all the lowered Guidance after earnings misses More debt, more inflation, and less on tax returns will greatly hurt this year Sad times for money changers. As someone once said - 'The trouble with Capitalism is sooner or later you run out of Working People's money.' Yeah looking at the Nasdaq this morning I reeeeally believe that.
Source: CNBC - 🏆 12. / 72 Read more »