100,000 new fulltime, fullbenefit jobs in the next 18 months all over the country. While the averages were down with the dow sinking 63 points, s p 0. 21 , nasdaq backsliding 0. 29 . Its been ages since weve seen that down. Amazon stock screamed higher, closing up 14 points to 813. Thats just like how stocks used to react on news of hiring, on expansion, before the recent age of stagnation, derision, and gridlock. Let me explain. Ever since growth slowed, i mean really slowed and the u. S. Became episodic in its ability to expand the economy, we desired a particular set of traits, a set of rewards so to speak from our stocks before we bought them. First we would look and wed want a good dividend, one that gave us a nice return versus the competition, namely treasury bonds. Second, we wanted a large and meaningful Share Buyback to shrink the share cap, and thus artificially or not increase the earnings per share. We cared more about this than actual Revenue Growth because what Revenue G
That the democrats could take not one, but both houses of congress. And im starting to think thats a major reason why stocks arent acting as well as wed expect given that so far earnings season has been pretty darn strong. Even as the dow rallied 41 points today. It is far more muted than one would expect with big rallied intraday usually giving up to selloffs in the late afternoon. Sell, sell, sell. Now, maybe the debate tonight will change things but for the first time in ages, i think its important to frame the stock market in the context of a potential democratic landslide come election day. What would it mean for the democrats to win the house, to win the senate . What would it do to the stock market . White house, senate, house of representatives. Well, first, it would most certainly elevate the more radical wing of the Democratic Party that views big business as the enemy. Think Bernie Sanders. Think elizabeth warren. So where would they do the most damage . The government inter
LSC Communications officials say they are closing its two Lancaster County factories, the remnants of the longtime county company R.R. Donnelley, because demand for print catalogs and magazines has declined.
LSC Communications officials say they are closing its two Lancaster County factories, the remnants of the longtime county company R.R. Donnelley, because demand for print catalogs and magazines has declined.