Content
Leave It To Eurodollar
Article By:
Jeffrey P. Snider
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Thursday, June 30, 2022 5:44 PM EDT
In the parlance of wannabe technocrat-speak, the Fed’s “reaction function” has supposedly been categorically changed even from last year.
Micron Plunges After Catastrophic Guidance Confirms Worst Fears
Article By:
Tyler Durden
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Thursday, June 30, 2022 5:20 PM EDT
While the historical numbers may have been good, the guidance was an absolute disaster, disappointing on the top line, the bottom line, and margin.
In this article: MU
Personal Income And Spending: The Latter Much Weaker Than Expected In May
Article By:
Mish Shedlock
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Thursday, June 30, 2022 4:13 PM EDT
Personal Income and outlays increased in May in nominal terms. But in real (inflation-adjusted terms) both fell, with spending down a significant 0.4 percent.
Market Starting Down The Abyss Of Contraction
Article By:
Tyler Durden
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Thursday, June 30, 2022 4:00 PM EDT
The market “gets the joke” on Central Banks being incapable of address “supply side” issues — so they pull the only lever they have on the “demand” side, hence “Recession” gap-risk repricing hard and fast.
In this article: SPX
The Big Four: Real Personal Income In May
Article By:
Jill Mislinski
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Thursday, June 30, 2022 3:00 PM EDT
Personal Income (excluding Transfer Receipts) in May rose 0.69% and is up 8.3% year-over-year.
Will The Market Sink 20 Or 40 Percent ?
Video By:
George Dagnino
Watch
Thursday, June 30, 2022 2:36 PM EDT
This chart will explain why the market may decline another 20% or 40% from its current value.
In this video: SPX
Where Have All The Bulls Gone?
Article By:
Bespoke Investment Group
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Thursday, June 30, 2022 2:12 PM EDT
After two weeks of sub-20% readings, the share of respondents to the AAII sentiment survey reporting as bullish has risen back up to 22.8%.
In this article: SPX