Monthly Archives: April 2018

The Shameful Silence Of The CEOs

Congressional Republicans would be more willing to stand up to Trump if their major financial backers – big business and Wall Street – had more backbone. Ever since 1971, when the then future Supreme Court justice Lewis Powell urged corporations to mobilize politically, corporate money has flooded Washington – most of it into Republican coffers….

1 In 4 Millennials Rely On Their Parents To Pay Some Bills –

Time and time again, we’ve discussed how America’s millennial generation is burdened by debt, effectively precluded from home ownership and increasingly disgruntled and pessimistic about their future prospects for disgruntled and pessimistic In its latest Global Wealth Report, Credit Suisse said the millennial generation has faced “a run of bad luck”, much of which was centered around the financial crisis. “The “Millennials” – people…

Common Sentiment Indicators

 Sentiment indicators are meant to demonstrate how a group of investors and traders feel about the markets. This group might be “dumb money”, which suggests that you should trade opposite to what the prevailing sentiment is. This group might be “smart money”, which suggests that you should trade according to what the prevailing sentiment is….

GBPUSD Weekly Analysis – Sunday, April 22

GBPUSD pulled back to the 1.4000 area after touching 1.4345 resistance, suggesting that a lengthier consolidation for the uptrend from 1.1946 (Oct 7, 2016 low) is needed. A deeper decline towards 1.3711 key support is possible in the coming days. As long as this level holds, the uptrend could be expected to resume and another…

Fresenius Terminates Merger Agreement With Akorn Over Data Breach

Fresenius (FSNUY) decided to terminate the company’s merger agreement with Akorn (AKRX), citing Akorn’s “failure to fulfill several closing conditions.” The company said in a statement, “Fresenius’ decision is based on, among other factors, material breaches of FDA data integrity requirements relating to Akorn’s operations found during Fresenius’ independent investigation. Fresenius offered to delay its…

EC Positive Re

With results from 87 S&P 500 members already out, we are off to a strong start in Q1 earnings season. The earnings and revenue growth rates and the proportion of positive earnings surprises are tracking materially above historical periods. Positive revenue surprises aren’t as numerous as we had seen at this stage in the preceding…