Some people are confused by what I mean when we say that rates will rise as we move into the sovereign debt crisis, which will pick up steam in 2017 moving into 2020. We are NOT talking about central ...
Zillow Group Inc. (ZG – Snapshot Report) released their fourth quarter fiscal 2015 earnings results, posting earnings of -$0.13 per share (excludes 1 cent for non-recurring items) and revenue...
I have had more than a few folks ask me how I envision seeing this mess with our financial system eventually playing out. The truth is I am not quite sure because to my knowledge, we have never before...
“His jest will savour but of shallow wit, When thousands weep more than did laugh at it.” William Shakespeare, Henry V And so it will be with the jokers of Wall Street, and their jesters....
Central banks have been ever-powerful in markets: support for stocks via the Bernanke Put, Draghi’s “Whatever it Takes” and Kurdoa’s Shock and Awe QQE are prime examples. They not only gave b...
Good question here from the Q&A section about negative yielding bonds: Hi Cullen. The Economist had a good article explaining why people buy negative yielding bonds. http://www.economist.com/blo...
Today Incyte Corporation (INCY) announced that it will discontinue a Phase 3 trial in patients with pancreatic cancer due to insufficient efficacy. This early look occurred when the company performed...
GAAP Results Q4 2015 net income of $27 million, or $0.28 per share; FY 2015 net income of $169 million, or $1.74 per share Q4 2015 pre-tax income of $45 million; FY 2015 pre-tax income of $283 million...
Time Inc. (TIME), the owner of Time, Fortune, and People magazines, has acquired Viant, the parent company of Myspace. Joe Ripp, chairman and CEO of Time Inc., described the acquisition as “game...
A major central bank just made a desperate move… If you’ve been reading the Dispatch, you know we’re living through a gigantic “global monetary experiment.” In short, global central banks cu...