1H20 Corporate Profits Collapse, Earnings Revision Trend Improves For S&P 500 Companies Meanwhile

posted in: Economy, Equities | 0

US corporate profits collapsed 21 percent in the first half this year. Directionally, this is in line with operating earnings estimates for S&P 500 companies. In the latter’s case, the revision trend has improved the past two and a half … Continued

Despite big yawn from bond market, job openings point to continued improvement in non-farm payroll

posted in: Credit, Economy | 0

What is going on in the jobs market the past several months is reviving hopes that better days are ahead. There is a lot we can point to in order to validate how anemic the recovery has been post-Great Recession.  … Continued