zerohedge October 23, 2018

Authored by Patrick Buchanan via Buchanan.org, Was the assassination of JFK by Lee Harvey Oswald still getting as much media coverage three weeks after his death as it did that first week after Nov. 22, 1963? Not as I recall. Yet, three weeks after his murder, Jamal Khashoggi, who was not a U.S. citizen, was […]

zerohedge October 23, 2018

Now that even China’s president has joined the verbal jawboning campaign to inspire confidence in retail investors and get them to buy Chinese stocks, vowing “unwavering” support for the country’s private sector (just so Trump will finally stop pointing to the Shanghai Composite’s bear market as proof the US president is winning the trade war), […]

zerohedge October 23, 2018

The Dow is down 500 points this morning, practically unchanged for 2018, as all major US equity indices tumbled back below their 200DMAs… Selling has been extreme all day with TICK negative since the open… Remember yesterday’s early bounce? It’s gone…   Having bounced and found resistance at the 50% retracement, The Dow has collapsed […]

zerohedge October 23, 2018

The earnings disappointments continue with CAT and 3M the latest to add to fears about “peak earnings” after 3M not only missed Q3 earnings but slashed its full year EPS guidance, while CAT warned about rising material and freight costs. Starting with 3M, the multinational conglomerate reported 3Q EPS $2.58, which while a 10.7% increase […]

zerohedge October 23, 2018

Turkish President Erdogan’s didn’t quite deliver on his promise to reveal “the naked truth” in the killing of Saudi journalist Jamal Khashoggi during a speech on Tuesday before the Turkish parliament, though he did raise important questions while providing the most detailed public statement yet on the killing, which corroborated several anonymously sourced reports that […]