Recent Posts

Goldman sees three things weighing down stocks, but likes these names

After analyzing third-quarter earnings conference calls, Goldman Sachs found three major worries cited by corporate executives that could weigh on future profits. “Tariffs, wage inflation, and rising interest rates pose three key risks to all-time high S&P 500 profit margins,” said Goldman’s David Kostin, the firm’s chief equity strategist. But …

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Inflation has hit 25% in Turkey but now the central bank must hold its ground

Yasin Akgul |  AFP | Getty Images A money changer counts Turkish lira banknotes at a currency exchange office in Istanbul, on August 8, 2018.  Consumer price growth has hit a whopping 25 percent in Turkey, but the real challenge lies in the central bank not bowing to pressure to …

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Apple cancels production boost for iPhone XR: Nikkei

Source: Apple Philip W. Schiller, Senior Vice President, Worldwide Marketing of Apple, speaks about the the new Apple iPhone XR at an Apple Inc product launch event at the Steve Jobs Theater in Cupertino, California, September 12, 2018. Apple has told its smartphone assemblers Foxconn and Pegatron to halt plans …

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