Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, career, or relationship decisions based on what you read here or think you may have read here.
Futures don't mean a thing, but all things being equal, I'd rather see "green" than "red" any time, and futures are "green" right now -- 5:33 p.m. CT, September 29, 2019.
I've sure there have been similar periods, but it's not often one sees a market that really, really wants to take off, but is held back by uncertainty. Huge uncertainty.
Recession is just around the corner. From zerohedge a couple of days ago, "UMich confidence rebounds but democrats get more depressed."That sounds like a political cheap shot, but actually is not, surprisingly. Read on:
The preliminary UMich data showed a modest rebound in September after August's collapse and final data confirmed that trend continued into the end of the month.
UMich notes that impeachments divert the attention of the President and Congress away from economic policies, and may become conflated with partisan strategies.
The big divergence was, once again, political as Dems confidence slumped to 72.0 vs 75.7 and Reps confidence rose to 119.5 from 112.8.
Despite the high levels of confidence, consumers have also expressed rising levels of economic uncertainty. Some of these concerns are rooted in partisanship, some due to conditions in the global economy (Brexit, Iran, Saudi Arabia, China), and some are tied to domestic economic policies.
Trade policies have had the greatest negative impact on consumers, with a near record one-third of all consumers negatively mentioning trade policies in September when asked to explain in their own words the factors underlying their economic expectations.And I'll bet not one respondent in a 1,000 even knew what was going in trade. I've never been called by UMich for any of their surveys.
Tesla 3Q19 sales. Wow, this will be fun to watch. Get out the popcorn. Predictions all over the board. The consensus is that Elon Musk will crush the numbers, and the shares of TSLA will surge. Not everyone agrees. From zerohedge again:
Well known Tesla analyst and skeptic, Gordon Johnson of GLJ Research says in his latest note that Tesla's Q3 aggregated cars sold should fall 38.6% on a sequential basis, a result he simply refers to as "bad".We might know as early as October 3, 2018, Friday, the numbers.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, career, or relationship decisions based on what you read here or think you may have read here.
T: ATT plans to return capital to its shareholders. I'll believe it when I see it.
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