Tomorrow, Thursday, May 21, As You Sow’s CEO Andrew Behar will be presenting a shareholder resolution at the BlackRock annual general…
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Philly Fed Manufacturing firms reported “continued weakness” in May
From the Philly Fed: May 2020 Manufacturing Business Outlook Survey Manufacturing firms reported continued weakness in regional manufacturing activity this…
Continue ReadingNAR: Existing-Home Sales Decreased to 4.33 million in April
From the NAR: Existing-Home Sales Wane 17.8% in April Existing-home sales dropped in April, continuing what is now a two-month…
Continue ReadingWeekly Initial Unemployment Claims decrease to 2,438,000
Update Another error this week: “In Massachusetts, PUA initial claims for the week ending May 16 were 115,952.” With MA…
Continue ReadingBlack Knight: National Mortgage Delinquency Rate Increased Sharply in April, “Largest Single-Month Increase Ever Recorded”
Note: Loans in forbearance are counted as delinquent in this survey, so the delinquency rate jumped in April. From Black…
Continue ReadingThursday: Existing Home Sales, Unemployment Claims, Philly Fed Mfg
Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for a 2.500…
Continue ReadingMasks Off – Or is That Risk Off?
Tuesday night, we reminisced that, on February 5th, I wrote in a blog, “Although the last couple of days brought…
Continue ReadingTrump Gives Backdoor Bailout To Major Polluter With Shady PastÂ
Chesapeake Energy, Main Beneficiary of BLM’s Lease Suspensions, Has Been Fined Nearly $14 Million In Environmental Penalties and $25 Million…
Continue ReadingCorporate Restructuring Post Coronavirus: Carve-outs Represent Attractive Opportunity, but Execution Risk is High
Corporate Restructuring Post Coronavirus: Carve-outs Represent Attractive Opportunity, but Execution Risk is High Get The Full Warren Buffett Series in…
Continue ReadingMay 20 COVID-19 Test Results, AND Great News on the Next Step
In addition to having enough tests for test-and-trace, we also need people to conduct the tests. There is a great…
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