Article By:
Tyler Durden
Thursday, August 5, 2021 3:02 AM EDT
The latest auto sales data revealed that in July, auto sales came in at a 14.75 million SAAR per Wards; while total unit sales in July declined by less than 1% sequentially to 1.288 million.
In this article: CARZ
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Video By:
Peter Mathers
Thursday, August 5, 2021 2:09 AM EDT
Technical Analysis Bitcoin: Corrective retracement around 35000 - 37000.
In this video: BITCOMP, ETH-X
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Article By:
Charles Hugh Smith
Thursday, August 5, 2021 1:18 AM EDT
This wholesale transfer of risk from elites to the workers is finally becoming consequential as wealth / income / security inequality is reaching extremes that are destabilizing society and the economy.
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Article By:
Danielle Park, CFA
Wednesday, August 4, 2021 10:58 PM EDT
When corporations are debt-heavy and lacking in compelling domestic investment opportunities they have little incentive to seek new bank loans.
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Article By:
Jesse Felder
Wednesday, August 4, 2021 10:21 PM EDT
Despite their terrific run over the past twelve months, commodities prices remain extremely depressed relative to those of financial assets, it should not be surprising to see them break out of their recent consolidation range.
In this article: DBC, DJP
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Article By:
Jeffrey P. Snider
Wednesday, August 4, 2021 8:21 PM EDT
One good, one bad, and by the end more the latter since the former simply bucked the trend, almost alone as an outlier (among outliers).
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The Fed does not directly promote AMC, yet its actions create an environment that allows AMC shares to sop up precious capital despite uncompelling valuations. This capital is therefore not available for more productive investments.
The more the market rises, of course, the more investors extrapolate the current trend into future returns.
Unless you've been living in a cave or don't spend your day with stock market machinations, you likely know that the current earnings parade has been stellar.
The US market was droopy because of poor private sector jobless numbers.
United Bankshares Inc's price per share was $34.37 as of yesterday's market close. One year ago its price was $26.47.
EURJPY is again coming to the downside so it appears that wave 4 is much deeper and more complex than in the first place.
'Subject to mandate' seems to be a catch-phrase these days; mandates to fly, to eat, to drink in a pub, to go to a show, and even to govern New York (of course that last one was an effort at humor, amidst a controversial backdrop).
