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Google's hardware business is finally shaping up, says RBCGoogle's small hardware business is finally shaping up, and could book around $20 billion in revenue by 2021, says RBC. i remember when encyclopedias use to be my search engine, my kids will probably refer to them as relics, right next to the abacus
Source: CNBC - 🏆 12. / 72 Read more »
Plunging oil prices show the market is worried about a recession in 2019, says analystThe continuing collapse in oil prices signals investors are worried about a 2019 recession, according to Helima Croft, global head of commodity strategy at RBC Capital Markets. MAGAt’s winning That's not what it means. It means the market is flush with oil due to world markets renegotiating trade agreements and priorities. I don't buy the 'I need energy because my company is doing great but I'm worried, you know cuzz Trump' GTFO 'POTUS Trade wars a great and easy to win.' 'I'd gladly take the mantle for the shutdown' trumpcrash
Source: CNBC - 🏆 12. / 72 Read more »
3 reasons the stock-market selloff can’t be blamed on the Fed’s quantitative tighteningStrategists at RBC Capital Markets say the Fed’s balance sheet reduction shouldn’t take the blame for the slide in equities since October. It is premature to say the recent bond rally proves QT won’t lead to higher yields. This was a risk off trade. But its start CAN be blamed on Powell, who on 10/3 with Woodruff, said the Fed wasn't near neutral and may need to go beyond neutral to be 'restrictive'. Time stamp his interview - that was the market top. See around 7:50 mins on this video: Foolish error For every seller there is a buyer. I am waiting for the bargain basement prices before I start buying.
Source: MarketWatch - 🏆 3. / 97 Read more »
Wall St. sinks; Gundlach says U.S. stock are in bear marketWall Street slid 1 percent on Monday, weighed down by retailers and health stock...
Source: Reuters - 🏆 2. / 97 Read more »