What a painful end to last week. This is the worst week for the markets since 2012. It wasnt just u. S. Stocks. Equities slumping around the world, extending the worst slump since 2009. Blame emerging markets, slowing growth in china, the devaluation of argentines. Peso, you name it. Global markets have been swallowing this for weeks. On friday, enough with enough. Enough enough was enough. The themes we are trading off of our old themes. Chinas weakness, we have expected that, we knew that. Just an overreaction . This is not Extraordinary Movement in the market, we have seen movements like this before. This is gary cohen. Second and secondincommand goldman sachs. We have seen the tenure move about 25 basis points in this move. We have seen normal reaction through growth markets. These are growth markets. They are not developed markets. What about what some markets are calling consolidation . Consolidation is a typical charting pattern. They talk about charting forms. What you tend to
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Elizabeth Park Capital Advisors Ltd. reduced its holdings in shares of Macatawa Bank Co. (NASDAQ:MCBC – Free Report) by 6.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 499,302 shares of the financial services provider’s stock after selling 33,933 shares during the quarter. Macatawa […]
rhino investment partners Inc reduced its position in Macatawa Bank Co. (NASDAQ:MCBC – Free Report) by 36.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 457,160 shares of the financial services provider’s stock after selling 262,268 shares during the quarter. Macatawa Bank makes up about 1.0% of rhino investment partners Inc’s holdings, making […]
Isabella Bank Co. (OTCMKTS:ISBA – Get Free Report) announced a quarterly dividend on Wednesday, May 29th, NASDAQ reports. Stockholders of record on Wednesday, June 26th will be paid a dividend of 0.28 per share on Friday, June 28th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 5.96%. The ex-dividend […]