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Splunk Reports Q3 Loss, Tops Revenue Estimates
Article By:
Zacks Investment Research
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Wednesday, December 1, 2021 7:46 PM EDT
Splunk came out with a quarterly loss of $0.37 per share.
In this article: SPLK
Relentless Flattening Of The Yield Curve And Powell Accelerated The Move
Article By:
Mish Shedlock
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Wednesday, December 1, 2021 6:37 PM EDT
An intraday stock market rally attempt failed again today and the intraday selloff in bonds reversed as well to more flattening at the long end.
Semis Outperforming Software
Article By:
Bespoke Investment Group
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Wednesday, December 1, 2021 6:02 PM EDT
Over the last year, the performance of semiconductor stocks has been highly correlated to that of software stocks.
“Transitory” Is…Transitory
Article By:
Cullen Roche
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Wednesday, December 1, 2021 6:02 PM EDT
It’s funny that the Fed is choosing to retire the term transitory right when things are starting to look increasingly transitory.
USD/CAD Rate Eyes September High As RSI Pushes Into Overbought Zone
Article By:
David Song
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Wednesday, December 1, 2021 4:37 PM EDT
USD/CAD trades near the weekly high following the kneejerk reaction to the ISM Manufacturing survey.
Ohhh Omicron! From Panic To Possibility
Article By:
Wade Slome
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Wednesday, December 1, 2021 4:13 PM EDT
With all these scary Omicron headlines, one would expect a collapse in equity markets. Well, at least not yet.
Questioning The Already Questionable State Of Global Demand
Article By:
Jeffrey P. Snider
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Wednesday, December 1, 2021 4:00 PM EDT
We may not know what the newest COVID variant holds, but it may not actually matter. The economy is already questionable and has been more and more for quite some time already.
The ‘Old’ New Fed, An Accelerated Taper And A Heavily Mutated COVID-19 Variant
Article By:
Russell Investments
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Wednesday, December 1, 2021 3:30 PM EDT
The fact that Powell retired the term transitory was mostly just a matter of semantics. This inflation overshoot has clearly been larger than expected and longer-lasting than expected.