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First Look At May: ADP Says 178K New Nonfarm Private Jobs
Article By:
Jill Mislinski
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Wednesday, May 30, 2018 12:45 PM EDT
Today we have the ADP May estimate of 178K new nonfarm private employment jobs, an increase over April's revised 163K.
Our Energy Problem Is A Quantity Problem
Article By:
Gail Tverberg
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Wednesday, May 30, 2018 12:35 PM EDT
Total world energy consumption has risen quickly over time.
Second Estimate 1Q2018 GDP Growth Slows To 2.2 %
Article By:
Steven Hansen
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Wednesday, May 30, 2018 12:24 PM EDT
The headline second estimate of first quarter 2018 Real Gross Domestic Product (GDP) marginally declined to a positive 2.2 % from the advance estimate's 2.3 %.
I Don’t Know You Guys, It Seems Like That German Inflation Print Is Bad News When It Comes To Whether The ECB Will Be Inclined To Rescue Italy
Article By:
The Heisenberg Report
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Wednesday, May 30, 2018 12:14 PM EDT
The combination of decelerating eurozone economic activity in Q1 and political turmoil in Italy seems likely to give the ECB pause when it comes to winding down QE in September.
Billion Dollar Unicorns: Airbnb Delays IPO Plans, Again
Article By:
Sramana Mitra
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Wednesday, May 30, 2018 12:05 PM EDT
Airbnb has been profitable over the last two years, primarily due to the strict fiscal management policies deployed by its former CFO Laurence Tosi.
It’s Not Just The Tweets. Some Things Are Different
Article By:
Russell Investments
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Wednesday, May 30, 2018 11:36 AM EDT
Unemployment is low and the U.S. Federal Reserve (the Fed) believes that the economy is at full employment, and has subsequently raised rates to control the expected higher inflationary pressure that will arise from upward wage growth.
DICK'S Sporting (DKS) Beats On Q1 Earnings & Sales Estimates
Article By:
Zacks Investment Research
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Wednesday, May 30, 2018 11:26 AM EDT
DICK'S Sporting Goods, Inc., the sporting goods retailer, came out with first-quarter fiscal 2018 results, wherein earnings of 59 cents per share grew 13.5% year over year and outpaced the Zacks Consensus Estimate of 42 cents.
In this article: DKS
Nikkei Analysis: Pullback Remains In Progress
Article By:
Elliottwave Forecast
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Wednesday, May 30, 2018 11:01 AM EDT
Nikkei short-term Elliott wave view suggests that the decline from 23057 high is showing 5 swings bearish sequence favoring more downside against 22560.
In this article: NTETF
Japan’s Economy Wobbled A Bit In The First Quarter
Article By:
Arthur Donner
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Wednesday, May 30, 2018 10:40 AM EDT
As to the short-term situation, Japan’s economy contracted in the first quarter of 2018, suggesting to some that the economy has reached a peak after its best run of expansion in decades.
Applied Materials Looks Undervalued
Article By:
Andres Cardenal
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Wednesday, May 30, 2018 10:35 AM EDT
Applied Materials is down by 18% from its highs of last year due to disappointing revenue guidance. But the business is still performing soundly, and long-term prospects look good.