Monthly Archives: December 2015

China’s Flexible Gets Creepy

It doesn’t work as the math is surprisingly simple. That is why “sweeping” changes and reform have to be considered at each point of escalation. Taking account of what has occurred only damages further the credibility and faith that is supposed to be the keystone for everything that happens. Instead, the only way to solve…

“Davidson” On Inflation And Pessimism

Capitalism in inherently deflationary. It’s primary goal is to produce more, better products at lower prices. THAT is deflationary. It is government spending which seeks none of the above that is inflationary. As spending wanes, inflation should remain low. “Davidson” submits: US GDP data was updated this morning. Everyday reveals new data with which to…

One More Thing To Worry About: Dividends

Earnings and cashflow volatility put payouts at risk. The market’s now digested the news of the Fed rate hike. Perhaps not so well. There’s still a lot of hiccups and burps heard in trading rooms. One thing’s certain, though: a quarter-point boost in the Fed Fund target rate ain’t making anybody rich. Not if they’re…

Third Estimate 3Q2015 GDP Revised Slightly Down. Corporate Profit

Written by Doug Short and Steven Hansen The third estimate of second quarter 2014 Real Gross Domestic Product (GDP) was revised marginally downward to 2.0 %. This “decline” was mainly due to private inventories decreasing more than previously estimated. The market expected: Seasonally Adjusted Quarter-over-Quarter Change at annual rate Consensus Range Consensus Advance Actual 2nd Estimate Actual 3rd…

ConAgra Beats Q2 Earnings Estimates, Lags Revenues Y/Y

ConAgra Foods, Inc. (CAG – Analyst Report) has carved a name for itself in the processed & packaging food industry with superior processed food items for household and commercial clients. The product portfolio of this Omaha, NE-headquartered firm includes leading consumer brands that are found in 99% of America’s households.   However, this largest packaged food business of…

Of Rotten Apples And Rotten Systems

Martin Shkreli, the former hedge-fund manager turned pharmaceutical CEO who was arrested last week, has been described as a sociopath and worse. In reality, he’s a brasher and larger version of what others in finance and corporate suites do all the time. Federal prosecutors are charging him with conning wealthy investors. Lying to investors is…