FAANG – Trump Slump World

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 […]

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. […]

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 […]

Hotels: Occupancy Rate Unchanged Year-over-year September 22, 2019
From HotelNewsNow.com: STR: US hotel results for week ending 14 September The U.S. hotel industry reported mostly positive year-over-year results in the three key performance metrics during the week of 8-14 September 2019, according to data from STR.In comparison with the week of 9-15 September 2018, the industry recorded the following:• Occupancy: flat at 69.6%• […]
Schedule for Week of September 22, 2019 September 21, 2019
The key reports this week are August New Home sales, and the third estimate of Q2 GDP.Other key indicators include Personal Income and Outlays for August and Case-Shiller house prices for July.For manufacturing, the Richmond and Kansas City Fed manufacturing surveys will be released this week.----- Monday, Sept 23rd -----8:30 AM ET: Chicago Fed National […]
Mortgage Equity Withdrawal Positive in Q2 September 20, 2019
Note: This is not Mortgage Equity Withdrawal (MEW) data from the Fed. The last MEW data from Fed economist Dr. Kennedy was for Q4 2008.The following data is calculated from the Fed's Flow of Funds data (released last week) and the BEA supplement data on single family structure investment. This is an aggregate number, and […]
Fed's Flow of Funds: Household Net Worth Increased in Q2 September 20, 2019
The Federal Reserve released the Q2 2019 Flow of Funds report today: Flow of Funds. The net worth of households and nonprofits rose to $113.5 trillion during the second quarter of 2019. The value of directly and indirectly held corporate equities increased $0.9 trillion and the value of real estate increased $0.3 trillion.Household debt increased […]
Q3 GDP Forecasts: Around 2.0% September 20, 2019
From Merrill Lynch: We expect 2Q GDP to be revised slightly higher to 2.1% qoq saar in the final release. 3Q GDP tracking remains at 2.0% qoq saar. [Sept 20 estimate]emphasis addedFrom Goldman Sachs: [W]e left our Q3 GDP tracking estimate unchanged on a rounded basis at +2.2% (qoq ar). [Sept 19 estimate]From the NY […]
BLS: August Unemployment rates at New Series Lows in Alabama, Alaska, Illinois, Maine and New Jersey September 20, 2019
From the BLS: Regional and State Employment and Unemployment SummaryUnemployment rates were lower in August in 5 states, higher in 3 states, and stable in 42 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported today. Five states had jobless rate decreases from a year earlier, 2 states had increases, and […]

ECRI in Toronto October 1, 2019
ECRI's Lakshman Achuthan will be meeting with clients in Toronto, Canada from October 1 - 2.
Upcoming TV Interview September 22, 2019
ECRI's Lakshman Achuthan will be a guest on Bloomberg's Daybreak on Sunday, September 22 at 6:10 PM ET.
Weekly Leading Index Rises September 20, 2019
Click here to download ECRI WLI data for free, 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 rose to 146.7 as the growth rate increased to -1.5%. ECRI has long determined business […]
Manufacturing, Jobs and Leading Index Update September 19, 2019
The manufacturing sector is key to assessing recession risk for the overall economy. This report includes:- Analysis of the manufacturing sector and PMI prospects - Review of recent developments in non-manufacturing leading indexes- Insights into the jobs outlook, with implications for consumer spending- Analysis of what real-time data can look like ahead of recessionClick here […]
An Upturn In India’s Growth Cycle Is In The Offing September 13, 2019
Economic growth in India has moderated over the last five quarters, falling to its lowest in six years in the April-June 2019 period. While many believe that growth may have reached a trough, the timing of a turnaround remains uncertain.The Economic Cycle Research Institute’s Lakshman Achuthan believes that a turnaround is in sight. The ECRI’s […]

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