If the US or the Eurozone entered a recession this year, a few macroeconomic variables would look very different relative to previous recessions.
1. The Yield curve would be very steep. Unlike in any previous recession when the yield curve was flat or inverted.
2. The real federal funds rate (or the ECB real repo rate) would be extremely low and would be at a level similar....More>>>
As one of the most covered and widely held stocks, there seems to be little doubt about whether Amazon.com (NASDAQ: AMZN) is a good company or not. AMZN proceeded to soar another 10% in a month even after its Q1 announcement, and doubts have been raised as to whether it is a “good stock” to own at this point of time. Some may argue that the stock price....More>>>
It was a mixed day for stocks as blue chips managed to squeak out a gain and small-caps got crushed ahead of tomorrow’s Fed announcement.
Keith Bedford for The Wall Street Journal
The S&P 500 fell 0.2% to 2,015.93 today, while the Dow Jones Industrial Average rose 22.40 points, or 0.1%, to 17,251.53. The Nasdaq Composite fell 0.5% to 4,728.67. The Russell 2000 tumbled....More>>>
Over a year ago, I initiated coverage on Ascena Retail Group (NASDAQ:ASNA) and told you the stock was to be avoided. Then, about a month ago when the stock was spiking, I chimed in once again and told you that you should still not be in the name, even if it looked like there was value. Turns out this has been a good call, with shares completely imploding today on the back of weak updated guidance.....More>>>