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Add as a preferred source on GoogleAccording to this chart from Bank of America Merrill Lynch (BofAML), obtained via Zerohedge.com, shows that the U.S. benchmark stock index S&P 500 looks pretty expensive. Net debt to EBITDA is at levels not seen since th…
According to this chart from Bank of America Merrill Lynch (BofAML), obtained via Zerohedge.com, shows that the U.S. benchmark stock index S&P 500 looks pretty expensive. Net debt to EBITDA is at levels not seen since the dot-com bubble. Many would like to point out that dogged by lower growth, companies have been using debt to boost their share prices via higher dividends and buybacks.
Unless growth improves, this could finally end in another debt crisis.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
