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Apparently everybody decided today that tomorrow’s March jobs report will show accelerating economic growth

Apparently everybody decided today that tomorrow’s March jobs report will show accelerating economic growth

With the financial markets closed tomorrow for Good Friday, traders and investors jumped in to buy today ahead of what is expected to be a jobs report tomorrow morning showing unemployment dropping to 6.0% (by the official measure) from 6.2% in February. The Standard...
Amazon gets more competition from Walmart

Amazon gets more competition from Walmart

Walmart (WMT) will launch a new subscription service, Walmart+ later this month according to Recode.com. For $98 a year, a price comparable to Amazon Prime, subscribers will get same-day delivery of groceries and general merchandise, discounts on fuel at Walmart gas...

The sky isn't falling and the dollar isn't going to zero. Yes, the dollar is in a slow and long-term decline but don't buy what the panic mongers are selling

Elisabeth Kubler-Ross laid out the five stages of grief in her 1969 book On Death and Dying. There’s denial, anger, bargaining, depression, and finally acceptance. The financial markets when confronting a strong trend work through their own five stages. Not of grief....

Are China's stocks now cheap?

So who’s right about China’s stock markets? Domestic Chinese investors, who follow government pronouncements on bank lending as if they’re portfolios depended on it, have led selling that has taken the Shanghai Stock market down 16% in August. Wall Street money...