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Quick Hits On A Major Thursday Economic News Blitz
Article By:
New Deal Democrat
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Thursday, August 15, 2019 10:42 AM EDT
There has been a ton of significant economic news this morning.
S&P 500 Plunges On Yield Curve Inversion
Article By:
Lance Roberts
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Thursday, August 15, 2019 10:27 AM EDT
Yesterday, the financial media burst into flames as the yield on the 10-year Treasury fell below that of the 2-Year Treasury. In other words, the yield curve became negative, or “inverted.”
The Dow Jones Today Is Tethered By An Inverted Yield Curve
Article By:
Money Morning
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Thursday, August 15, 2019 10:21 AM EDT
The Dow Jones today is flat despite a big day of earnings, thanks to an inverted yield curve signaling recession. 30-year U.S. Treasury bonds have also met historic lows.
US Manufacturing Slumps Back Into Contraction
Article By:
Tyler Durden
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Thursday, August 15, 2019 10:18 AM EDT
After this morning's good news (regional Fed surveys and retail sales), macro data reality just hit with US Industrial Production tumbling 0.2% MoM (notably worse than the +0.1% MoM) as manufacturing plunged.
Headline Retail Sales Again Improves In July 2019
Article By:
Steven Hansen
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Thursday, August 15, 2019 10:15 AM EDT
Retail sales improved according to US Census headline data. The three-month rolling average declined.
Bitcoin – From Greed To Fear
Article By:
Acting Man
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Thursday, August 15, 2019 10:08 AM EDT
Bitcoin and other cryptocurrencies have declined quite sharply in recent days.
In this article: BITCOMP
Cannabis Central: Charlotte’s Web Holdings Q2 Earnings Disappoint, Stock Down
Article By:
Lorimer Wilson
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Thursday, August 15, 2019 10:05 AM EDT
Charlotte’s Web Holdings' stock came under pressure in light of Q2 earnings which reported a lower than estimated revenue and profit (down 40.5%) from same quarter last year.
In this article: CWBHF
Parting Of Ways
Article By:
Mati Greenspan
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Thursday, August 15, 2019 10:03 AM EDT
Bitcoin seems to be participating wholeheartedly as a safe haven earlier this month is now seeing a clear divergence.
In this article: BITCOMP
Retail Sales: Up 0.7% In July, At 3.4% YoY
Article By:
Jill Mislinski
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Thursday, August 15, 2019 10:00 AM EDT
Headline sales came in at 0.7% month-over-month to one decimal and was better than the Investing.com forecast of 0.3%. Core sales (ex Autos) came in at 1.02% MoM (to two decimals).
Bitcoin And Gold's Divergence Could Be About To Get Tested
Article By:
Matt Simpson
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Thursday, August 15, 2019 9:41 AM EDT
With Gold prices stretched and Bitcoin Around Key support, convergence could be approaching.
AAII Sentiment Survey Results: As Good As It Gets...
Article By:
T.J. Hayes
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Thursday, August 15, 2019 9:27 AM EDT
Everyone knows that you make money “buying when there’s blood in the streets,” and yet, you see one after another example of people dumping their holdings – as evidenced by ETF flows in the past week.