Falling USD to Boost US Stock Markets and Consumer Spending
Imagine that you have $2.8 trillion sitting around. And for kicks, let’s assume that most of that money, about two-thirds, is invested in U.S. dollars and other dollar-denominated assets like U.S. Treasury bonds. And let’s assume that your currency was linked to the U.S. dollar, too. In other words, you often buy dollars to maintain [...]
Why COF Makes A Nice Short Sale
Capital One Financial Corp (COF) is a diversified financial services company, which markets a variety of financial products and services through its banking and non-banking subsidiaries. It has four segments: U.S. Card, Auto Finance, Global Financial Services and Banking. The U.S. Card segment comprises domestic consumer credit card activities. The Auto Finance segment comprises automobile [...]
Random Stock Market News
The Consumer Crunch The long-awaited, long-feared consumer crunch may finally be here. That might not mean an economywide recession, but the pain for American households will be deep. In recent years the U.S. mostly has seen narrowly focused downturns, where a few sectors are hit hard while the rest of the economy and financial markets [...]