DraftKings’ Q3 earnings results were strong, as was its guidance. Canaccord Genuity analyst Michael Graham said the company also guided…
Continue ReadingNY Fed Q3 Report: “Total Household Debt Increased in Q3 2020, Led by Surge in New Credit Extensions”
From the NY Fed: Total Household Debt Increased in Q3 2020, Led by Surge in New Credit Extensions; Mortgage Originations,…
Continue ReadingPotential coronavirus vaccine may block your stimulus checks
Lawmakers have worked for months to come up with the next relief package, but so far there has been nothing…
Continue ReadingTime To Re-Engage On Tesla Short; Addition To S&P 500
Whitney Tilson’s email to investors discussing Tesla to be added to S&P 500; “time to re-engage (on Tesla short)?”; Space…
Continue ReadingTop 10 highest paid CEOs earn more in 5 minutes than you earn in weeks
It’s no secret that the top 10 highest paid CEOs earn a lot more than the average American worker, but…
Continue ReadingNAHB: Builder Confidence Increased to 90 in November, Record High
The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 90, up from 85 in…
Continue ReadingIndustrial Production Increased 1.1 Percent in October; 5.6% Below Pre-Crisis Level
From the Fed: Industrial Production and Capacity Utilization Industrial production rose 1.1 percent in October. The index has recovered much…
Continue ReadingHedge As An Alternative To Indexing
Excerpted from Build Wealth With Common Stocks, Publishing January 19, 2021 on Country View imprint. Copyright 2020-2021 by David J.…
Continue ReadingStop Worrying About The US Government National Deficits
Bloomberg Television and Intelligence Squared U.S. Announce Lineup for Third “That’s Debatable” Episode, Premiering on Friday, December 4 at 7:00…
Continue ReadingRetail Sales increased 0.3% in October
On a monthly basis, retail sales increased 0.3 percent from September to October (seasonally adjusted), and sales were up 5.7…
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