The yield on the benchmark 10-year Treasury note started the week on a tear, jumping to 2.99 percent and toying with the key 3 percent level that could trigger a reaction across global financial markets.
I don’t know if the bull market in bonds is over or not, and nor do I care. I’m not in the business of playing Captain Prediction. I trade the markets that are in front of me, using my data-dependent 3G investing framework, explains Landon Whaley, editor of The Whaley Report.
As we begin 2017, all three gravities — fundamental, quantitative, and behavioral — are....More>>>
Nike, Inc. (NYSE: NKE) reported its most recent quarter financial results after the markets closed on Tuesday. The company posted $0.68 in earnings per share (EPS) and $8.4 billion in revenue versus consensus estimates from Thomson Reuters that called for $0.53 in EPS and $8.47 billion in revenue. The fiscal third-quarter from last year had $0.55 in EPS and $8.03 billion in revenue.
We’ve all heard stories about wealthy Americans taking advantage of tax laws to avoid paying federal income taxes. It’s certainly true that many rich individuals use the tax laws to their benefit, and as a result, many end up paying a lower effective tax rate than the middle class. However, the good news is that some of these tax loopholes aren’t specifically for wealthy people....More>>>
Twitter Inc. (TWTR) is set to report first quarter fiscal 2016 earnings results after the closing bell Tuesday. The focus will be on its user growth and to what extent the beleaguered social media company has been able to attract more monthly users not only for the just-ended quarter, but for the rest of the year.
In other words, even with an earnings beat Tuesday on better than average....More>>>
Although markets were somewhat shaky for the first big week of the new earnings reporting season, they ultimately closed up for the second week in a row. This is only a small step, but it has proven that solid fundamentals can stabilize this market.