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Daily Archives: October 26, 2015
Energy-based investment products evaporating capital
This story has all the usual cast of characters: clients looking for unreasonably high yields from their savings, brokers making big commissions pedaling reckless risk and levered bets, followed by predictable devastating capital loss, shattered dreams and lawsuits…Rinse and repeat. … Continue reading
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Recession warning: earnings and sales falling in Q3
Of the 173 S&P 500 companies that have reported Q3 earnings as at October 23, the blended earnings decline is -3.8%, making for the first back to back quarters of earnings decline since 2009. See: Factset Earnings Insight October 23, … Continue reading
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