Growth

Growth Stocks' "Line In The Sand" Defended Again, Bitcoin Battered

Big-Tech stocks rallied today as Small Caps lagged and the S&P and Dow trod water as yesterday’s exuberance faded with an ugly close… But sentiment, complacency, and ignorance continued to drive to ever higher highs…Over 86% of Nasdaq composite stocks are trading above their 200-day moving average – that is the highest number since February…

This Time Is Not Different. More Debt, Less Growth

Authored by Daniel Lacalle, I remember that in 2009 three messages were constantly repeated: “In this crisis measures are different, because governments are investing in the recovery by increasing public spending,” “the funds from stimulus plans will strengthen the recovery “and “central banks help a stronger recovery by lowering rates and increasing liquidity”. Then, 2010…

Core Producer Price Growth Slows In October But Food Prices Surge

After yesterday’s disappointing (for some) cooler-than-expected CPI, analysts also expect producer price growth to decelerate in October but it modestly beat expectations, rising 0.3% MoM (vs +0.2% MoM exp). On a YoY basis, producer prices rise 0.5%, well below that of consumer prices… Source: Bloomberg In October, nearly 60 percent of the rise in the…

McDonald’s Unveils Its New Growth Strategy

Submitted by MarketCrumbs, McDonald’s reported third quarter earnings yesterday, announcing that despite global comparable sales dropping by 2.2%, monthly comparable sales improved sequentially for all segments during the quarter. “The resilience of the McDonald’s system was on display during the third quarter as the competitive strength of our business and the 3 D’s – Digital,…