Wall Street’s Rising Euphoria May Spell Trouble for Stock Market
Bloomberg | Pace of revisions to U.S. profit estimates highest in 10 years.
Bloomberg | Pace of revisions to U.S. profit estimates highest in 10 years.
Zero Hedge | Minimum wage hikes, and the inevitable job losses that result from them, are a consistent topic of conversation for us…here are just a couple of recent examples.
Truth Revolt | “A recession, slump, or God forbid, crash.”
CNBC | The White House is likely to introduce new tariffs designed to combat China’s alleged unfair trade practices, according to a report by Politico.
Zero Hedge | Every day is “deja vu all over again” for global stock markets.
Michael Snyder | Investing in cryptocurrencies such as Bitcoin, Ripple, Ethereum and Litecoin is extremely risky, and experts all over the country are warning that people should only invest what they are willing to lose.
Reuters | “Payrolls came in below expectations, but the details are generally fine.”
Zero Hedge | Meltup groundhog day continues as global equity markets begin 2018 with another day of record highs.
American Mirror | President Trump’s historic tax cuts are a gift that keeps on giving.
CNBC | Private sector job creation surged in December as a strong holiday shopping season pushed companies to hire more workers, according to a report Thursday from ADP and Moody’s Analytics.
RT | Oil prices started the year on a high note as some geopolitical tension pushed aside bearish concerns. Both WTI and Brent opened above $60 per barrel for the first time in years.
Michael Snyder | After Bitcoin, can you name the second largest cryptocurrency? Until recently it was Ethereum, but now it is Ripple.
Wall St Journal | Few mainstream investors have bought large sums of bitcoin, scared off by concerns about cybersecurity and liquidity.
Zero Hedge | Overnight, world stocks hit fresh record highs on Wednesday.