Over at [Equitable Growth](http://EquitableGrowth.org)--[The Equitablog](http://equitablegrowth.org/blog) [James Heckman (1995): Cracked Bell](http://equitablegrowth.org/2014/12/24/evening-must-read-james-heckman-1995-cracked-bell/)...Show More Summary
Amidst the excitement over yesterday’s 5% showing in U.S. GDP growth in Q3, data on electronics shipments in November were a bit lost. But Wells Fargo chip analyst David Wong was poring over the data, as usual, and noted the lack of “momentum” in computers and other electronics. Data from the U.S. Bureau for the Census [...]
A win over Oklahoma in the Russell Athletic Bowl on Dec. 29 would be Clemson's third straight bowl win and would be the team's 10th win of the season.
Facebook is for families and friends, unless of course you’re a teen. Twitter is for news. And LinkedIn is for work and career. But with the massive growth of the pre-eminent professional networking site, which has jumped from 37 million users in 2009 to over 332 million near the end of 2014, many newbies are flooding […]
I can’t let this go by without comment. Today’s New York Times has a big front page story on the prospects for mitigating climate change through forest growth and protection. It has stories about successes in Costa Rica and Brazil, with feel-good mentions of the butterflies, monkeys and other creatures whose habitats can be saved. Show More Summary
Although Walgreen believes that gross margin pressure will persist in the short-term, the company is confident that it is well-positioned to capitalize on the industry tailwinds, which include an aging population, growth in chronic conditions, the consumerization of healthcare, continuing increases in new generics and growing demand for a personalized healthcare experience.
Although the recent past hasn't been good for the company’s revenue per square feet, we believe that it can gradually recover going forward with growth in online revenues, omni-channel retailing and store consolidation. Although e-commerce...Show More Summary
What does this imply in terms of the future cash flows lost? Based on our estimated weighted average cost of capital of 8.5% and terminal growth rate of 2%, the decline in the market price implies that the market estimates a loss of annual future cash flows of roughly $2.7 billion. Show More Summary
We now believe that the recent decline in oil prices could sustain for a longer period amid a slower demand growth scenario and the weakened price controlling power of OPEC. According to our estimates, annual average crude oil prices (Brent) could bottom out around $80-85 per barrel by 2017 and rise back to $100 per barrel by 2020.
In an economic recovery weighed down by subdued income growth for most Americans, a Kansas City Fed paper suggests those who are moving on to new jobs are better able to negotiate pay increases.
Iran’s economy expanded 4 percent in the six months from March 21, President Hassan Rouhani said today, in a return to growth following two years of recession. In the 16 months since it came to power, the government has also “curtailed inflation from 40 percent down to 17” percent, Rouhani said in a speech in […]
Style Outperformer: Small-Cap Growth +.61% Sector Outperformers: 1) Gold & Silver +2.27% 2) Biotech +2.17% 3) Utilities +1.44% Stocks Rising on Unusual Volume: ADMS, BRP, NVGS, ACHN, GPRO, ISIS, QIHU, VNDA and CELG Stocks With Unusual...Show More Summary
Yesterday, the UK and the US both reported new numbers for economic growth. In the UK, Q3 GDP was adjusted down to 2.6%. Across the pond, growth was a massive 5%. The pace of growth in America is roughly twice that of Britain, in other...Show More Summary
Morning Money Memo… The stock market is having more than a Santa Claus rally. The U.S. economy is getting stronger with new optimism about growth heading into the new year. The stock market closed yesterday at record highs after the Commerce Department said growth expanded...
On Tuesday the U.S. dropped The Gambia from a popular free trade agreement, the African Growth and Opportunity Act of 2000, in response to the country's crackdown on LGBT rights and other human rights concerns reports BuzzFeed. The decision comes...
Yves here. Corruption has become the biggest growth business in the US. The latest example is the subversion of peer-reviewed research in top scientific journals. This isn’t as crass as pay to play in public pension funds, but the results are just as bad. Here, it appears that Chinese services are offering a whole menu […]
In 2015, we anticipate the carrier to continue to grow its results as the macro environment is expected to further improve. Demand for air travel is expected to remain strong based on sustained growth in the U.S. economy, and fuel prices are expected to be lower in 2015, compared to 2014, due to the recent fall in global crude oil prices. Show More Summary