FAANG | Trump Slump .World

Coronavirus could spark a 20% tech pullback, investor Paul Meeks warns

Coronavirus may Trigger Tech Bear Market – Meeks

February 23, 2020 RealTrumpSlump 0

Dot-com veteran Paul Meeks who has been saying for months now that tech was getting very frothy thinks that the coronavirus impact on the economy […]

Coronavirus Layoffs

Facebook, PlayStation, ATT all pull out of multiple Bay Area conferences as California now has thousands of COVID-19 home quarantines

February 20, 2020 Trump Slump 0

It’s more #CoronavirusCalifornia – Business disruptions start to come into focus in the Untied States as the economic impacts of the ever-spreading COVID-19 coronavirus continue […]

Coronavirus Begins to Spread Economic Gloom Worldwide

Coronavirus Spreading Economic Gloom Worldwide

February 18, 2020 RealTrumpSlump 0

I’m not sure if “Gloom Worldwide” is a euphemism to to replace “Global Recession” with instead of just saying GLOBAL RECESSION but without a doubt […]

Stocks fall after Apple warns on coronavirus impact

Coronavirus Apple – Stocks fall after Apple warns

February 17, 2020 Trump Slump 0

Coronavirus took a bite out of this Apple, and the market as a whole, as shares backed off from ATHs (All Time Highs) on Monday, […]

Stock market hysteria

Stock market hysteria

January 3, 2019 RealTrumpSlump 0

Big companies flail and fail in the US and it doesn’t have global meaning except at the Enron/Worldcom level. At one time it was AT&T. […]

Apple Warning Sparks Currency 'Flash Crash', Highlighting Strong Dollar Concerns

Apple Warning Sparks Currency ‘Flash Crash’, Highlighting Strong Dollar Concerns

January 3, 2019 RealTrumpSlump 0

Apple Inc’s shock revenue warning triggered the biggest "flash crash" in global currency markets in more than two years late Wednesday in move that reminded […]

Trump advisor Kevin Hassett: 'Heck of a lot of US companies,' not just Apple, could see China troubles

Trump advisor Kevin Hassett: ‘Heck of a lot of US companies,’ not just Apple, could see China troubles

January 3, 2019 RealTrumpSlump 0

Ashley Stringer | CNBC Kevin Hassett Kevin Hassett, economic advisor to President Donald Trump , said Thursday the slowing Chinese economy could hurt the earnings […]

Dow Tumbles More Than 550 Points; Apple Sells Off On Slashed Estimates

Dow Tumbles More Than 550 Points; Apple Sells Off On Slashed Estimates

January 3, 2019 RealTrumpSlump 0

The major stock indexes were sharply lower in today’s stock market after Apple ( AAPL ) warned on its Q1 earnings guidance and the ISM […]

July 11 COVID-19 Test Results; Highest Percent Positive Since Early May July 11, 2020
The US is now conducting over 600,000 tests per day, and that might be enough to allow test-and-trace in some areas. Based on the experience of other countries, the percent positive needs to be well under 5% to really push down new infections, so the US still needs to increase the number of tests per […]
Hotels: Occupancy Rate Declined 30.2% Year-over-year July 11, 2020
From HotelNewsNow.com: STR: US hotel results for week ending 4 JulyU.S. hotel performance data for the week ending 4 July showed a slight decline in occupancy from the previous week, according to STR.28 June through 4 July 2020 (percentage change from comparable week in 2019):• Occupancy: 45.6% (-30.2%)• Average daily rate (ADR): US$101.36 (-20.9%)• Revenue […]
Schedule for Week of July 12, 2020 July 11, 2020
The key reports this week are June CPI, housing starts and retail sales.For manufacturing, the June Industrial Production report and the July New York and Philly Fed manufacturing surveys will be released.----- Monday, July 13th -----No major economic releases scheduled.----- Tuesday, July 14th -----6:00 AM ET: NFIB Small Business Optimism Index for June.8:30 AM: The […]
July 10 COVID-19 Test Results; Record Tests, Record Positive Tests July 10, 2020
The US is now conducting over 600,000 tests per day, and that might be enough to allow test-and-trace in some areas. Based on the experience of other countries, the percent positive needs to be well under 5% to really push down new infections, so the US still needs to increase the number of tests per […]
Q2 GDP Forecasts: Probably Around 36% Annual Rate Decline July 10, 2020
Important: GDP is reported at a seasonally adjusted annual rate (SAAR). So a 36% Q2 decline is around 10% decline from Q1 (SA).Note: I'm just trying to make it clear the economy didn't decline by one-third in Q2. Previously I just divided by 4 (an approximation) to show the quarter to quarter decline. The actually […]
Black Knight: Number of Homeowners in COVID-19-Related Forbearance Plans Fall by 435K July 10, 2020
Note: Both Black Knight and the MBA (Mortgage Bankers Association) are putting out weekly estimates of mortgages in forbearance.From Black Knight: Forbearances See Largest Weekly Drop YetThe latest data from the McDash Flash Forbearance Tracker shows that, following on last week’s decline, the number of active forbearance plans fell another 435,000 week-over-week – marking the […]

Weekly Leading Index Increases July 10, 2020
Click here to freely download ECRI WLI data, including the full history of its level and growth rate.On mobile, click here to go to ECRI's Reports & Indexes page, then click "Full Site."__________________________________________ECRI’s U.S. Weekly Leading Index was increased to 134.2, while the growth rate rose to -7.7%. ECRI has long determined business cycle and […]
The Road Ahead for Inflation and Gold Insights July 8, 2020
U.S. inflation pressures have ticked up a bit from extremely weak readings following their unprecedented Covid-related plunge. We are watching our full array of related leading indexes for what comes next.Included in this report:- Fresh analysis of our U.S. Future Inflation Gauge and related data- Variations in inflation - How does financial accommodation impact inflation?- […]
Cyclical Fundamentals to the Upside July 6, 2020
A summer rally may be underway.Economic forecaster Lakshman Achuthan cites a bullish, under-the-radar trend in a chart highlighting the firm's special weekly leading index and S&P 500."This is a fundamentally optimistic chart," the Economic Cycle Research Institute co-founder told CNBC's "Trading Nation" on Monday. "It's showing us that the cyclical fundamentals are to the upside."His […]

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