Month: November 2018

zerohedge November 12, 2018

At the most recent International Council of Shopping Centers (ICSC) conference in Atlanta, Walmart announced new plans to repurpose twelve of its locations into Town Centers — an outdoor gathering area with seating, community activities, entertainment, dining facilities, jogging paths, fountains, green spaces, playgrounds, and even space for live music. The idea behind Walmart’s seismic […]

zerohedge November 12, 2018

Minutes before the close of a brutal trading day that saw the Dow dump more than 600 points, Bloomberg published a report that simultaneously stoked the worst fears of German carmakers and US investors who are desperately searching for a positive trade-related headline to reignite the rally. The headline sent shares of Ford and GM […]

zerohedge November 12, 2018

RIP Stan Lee… China had an extremely exuberant session overnight with CHINEXT (China’s small cap/tech index) exploding almost 3.5% higher… But don’t get too excited about CHINEXT…   Ugly day in Europe with DAX leading the way lower even as Italy and Brexit anxiety is back in the headlines… European banks were ugly as Carige […]

zerohedge November 12, 2018

Top Democrats encouraged the Justice Department’s top ethics official to disclose whether he thinks newly appointed acting Attorney General Matthew Whitaker should recuse himself from overseeing the Russia investigation.  In a Sunday letter signed by Democratic lawmakers Nancy Pelosi, Chuck Schumer, Jerry Nadler, Dianne Feinstein, Adam Schiff, Mark Warner and Elijah Cummings, Whitaker should be […]

zerohedge November 12, 2018

Authored by Hal Brands, op-ed via Bloomberg.com, Still think globalization will bring peace? They thought that in 1914, too… Last month, I traveled to Vienna, the former seat of the Austro-Hungarian Empire and a fitting place to contemplate the approaching 100th anniversary of the conclusion of World War I. That conflict began with Austria-Hungary’s declaration […]

zerohedge November 12, 2018

Having blown through $9 last week, GE is crashing back below $8 for the first time since March 2009’s freefall after new CEO Lawrence Culp failed to inspire optimism in a CNBC interview… General Electric’s most important goal is cutting its debt levels, Chief Executive Officer Larry Culp said in his first public comments since the company […]