div > div.group > p:first-child"> Ned Davis Research's Ed Clissold cites a better-than-expected earnings season as a key factor in his bullish forecast.
According to Clissold, despite fears of an earnings recession, the ingredients were never quite evident. It appears Wall Street worries over earnings are fading fast. With just 16% of the S&P 500 firms reporting quarterly numbers, the S&P and Nasdaq closed at record highs of 2,933 and 8,120, respectively, on Tuesday.
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Source: WSJ - 🏆 98. / 63 Read more »
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Crypto Faithful Say Blockchain Can Remake Market MachineryThe brutal bitcoin selloff continues. But cryptocurrency supporters are plugging away with plans to use its underlying blockchain technology to reshape Wall Street’s machinery. And the future will be coming to KAPOOM I’m confused. Bitcoin is up 31% in the past month. Blockchain is the real value of crypto. It’s going to reshape everything.
Source: WSJ - 🏆 98. / 63 Read more »
Declining U.S. market ratchets up competition for SUV salesFalling U.S. new vehicle sales through the rest of 2019 and into 2020 will bring... I'm going to miss the internal combustion engine, we already lost manual transmissions for the most part here in the States.
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Why Trump’s ‘extravagant living and big spending’ could extend bull marketFrom gilded penthouses and fancy cars to big yachts and oversized Brioni suits, Donald Trump’s penchant for spending is the stuff of legends. And it could... some democrats are so tone deaf that trump's second term might just happen! grrrrr I didn’t pledge allegiance to stocks maga2020
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