6 Sep 2022

Revision Trend In ’23 Earnings Estimates Down, Yet To Reflect Full Extent Of End-Demand Softness That Lies Ahead

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Next year’s earnings estimates for US companies peaked in April for large-caps and in June for small-caps. Given Powell’s resolve to significantly reduce the current four-decade-high inflation – no matter what the cost to jobs and the economy – the … Continued

9 Jan 2015

Reaction to QE announcement key for euro’s direction at least N/T

by | posted in: Currency, Derivatives, Technicals | 0

Draghi drops credible (?) hints Eurozone QE is coming QE no panacea for economy, only a vehicle for transfer of bond ownership Investor reaction post-announcement key, as net shorts in euro futures remain very high  “This may imply adjusting the … Continued