You may have heard the term “a narrowing of leadership” to describe a condition in the stock market in which fewer and fewer leaders drag the market higher, while more and more stocks fall to the side or even decline while the “leaders” march ahead.
This week Bloomberg published a research note reporting that the U.S. earnings season is on track to be the worst since 2009.
40+% of those eligible to vote don’t vote. 24+% are Democrats and will vote for the Democratic candidate no matter who it is. 22+% are Republicans and will vote for the Republican candidate no matter who it is.
China this week officially ended its one-child per working-class couple policy, which had been in place since 1980.
This past week Italian luxury sports car maker Ferrari had its initial public offering priced at $52 a share, under the ticker symbol RACE.
This past week the Misery Index hit a 59-year low. Created in the 1970s by economist Arthur Okun, the Misery Index attempts to capture the “misery” felt by a country’s citizenry.
The general perception among many investors is that the place to find growth is in the Emerging Markets, which presumably are expanding more rapidly than their developed-world counterparts.
That “Sucking” Sound You Feel May be a “Bandwidth Hog” We’ve all heard of “bandwidth hogs” – applications, programs or people that consume an outsize portion of total available internet capacity.