Keith Fitz-Gerald- Money Morning - Only the News You Can Profit From.
Keith'S LATEST HEADLINES
Inflation 1 Tuesday, July 23, 2019Here’s the Truth About Those Big Bank Earnings Beats
Earnings season is now in high gear, and as I predicted last week, the numbers are coming in stronger than the pundits expected.
That was definitely the case with the big banks last week; Goldman Sachs blew the doors off Wall Street's expectations, posting earnings of $5.81 versus the $4.89 analysts had on the board. JPMorgan posted earnings of $2.82 versus estimates of $2.50.
JPMorgan's CEO, Jamie Dimon, noted "positive momentum with the U.S. consumer – healthy confidence levels, solid job creation, and rising wages."
Now, it's certainly true the consumer is stronger than the headlines suggest. That's a truth we talk about frequently.
But that's not the real story…
The truth is something you and I and just about every American know deep down: There are some significant challenges facing U.S. consumers right now.
I'm talking about very real inflation – the existence of which the Fed has denied for years now – and the ever-increasing levels of consumer debt out there.
The two are related, despite what you might hear coming out of Washington and Wall Street.Let me show you what's really happening here - and a stock you can buy to both profit and protect yourself...
Earnings Monday, July 15, 2019This Earnings Season’s Winners Could Put Money in Your Pocket for Years to Come
Market Indicator Monday, July 1, 2019There's Something Different About This Rally – Here's What to Do About It
Stock News Tuesday, June 25, 2019Triple-Digit Gains and Resilience Aren't the Only Reasons to Own This Company
Defense Stock Friday, June 14, 2019This Defense Stock Pick Couldn't Be More Timely
Stocks to Watch Wednesday, May 29, 2019How to Tune Out and Cash In Big in a Scary Market
Politics Saturday, May 25, 2019There Are 6.6 Trillion Reasons Why Trump Must Take China to the Mat on This One Issue
China Friday, May 24, 2019The Best Stock to Escape This Trade-Tariff Hell
Keith Fitz-Gerald Tuesday, May 21, 2019How to Beat the "Short-Termism" Running Wild in the Markets Now
Investing Ideas Monday, May 13, 2019I Found Four Big Investing Ideas (and a Lot More) on a 900-Mile Motorcycle Run