By Jeffrey P. Snider
Just a little over a year ago, the Institute for Supply Management (ISM) released its purchasing manager index for the services sector for August 2015. Though the level was down slightly from July, coming amidst the immediate aftermath of the “shocking” financial quakes starting in China and spreading to markets all over the world, the 59.0 non-manufacturing....More>>>
At an Aug. 9, 2017, conference, Lam Research (LRCX) management said: “I would say 2017 has been a year of unforecast opportunity.” Could 2017, then, be a year of unforecast risk for LRCX? I believe so.
LRCX released their FY17 10-K on Aug. 15th. Going through it, I noticed a curious new disclosure. It wasn’t there in the latest 10-Q and it wasn’t there in the last....More>>>
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Some calm returns to markets as Italy crisis rumbles on, Trump ups pressure on China, and shale has a problem. Here are some of the things people in markets are talking about today.
European markets are not seeing a repeat of yesterday’s huge selloff in Italian debt, with the country’s....More>>>
China’s ZTE, which the US government has accused of repeated sanctions violations, has paid a $1 billion fine, a US Commerce Department official said Friday.
The payment comes days after President Donald Trump tried to persuade two dozen lawmakers mostly Republicans that the fine and the assignment of an American monitoring team would be sufficient punishment for ZTE.
&l;span style=&q;font-weight: 400&q;&g;Burrowing through the U.S. Trade Representative&s;s list of tariffs is a maddening experience. &a;nbsp;Unlike many market participants I like to get to the bottom of issues by researching facts, not opinions or media blurbs, but, in this case, the facts are obscure. &a;nbsp;Of the 1,102 product categories recently added to U.S.&a;rsquo;s list of products imported....More>>>