Powell's Gettysburg Moment, The USDollar's Waterloo, & Today's Open Madness
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
About 40% of sales for s&p 500 companies last year was overseas. a falling dollar makes u.s. products cheaper for foreign buyers. the u.s. dollar index down about 7% this year. tesla will sell a $1.5 billion in bonds to fund its model 3 production. tesla banking on the mass-market model 3 to be rivals for ford and chevrolet. tesla already has 455,000 preorders for the electric car. >> wow. >> however, ceo elon musk warns tesla faces "manufacturing hell" as it ramps up productions. to help with the cost, musk is hoping to raise money. he's hoping bond investors are as hungry as stock investor...
The incumbent and his longtime rival are neck and neck as ke a kenyatta pursues the term in office. there is fighting over the economy and courting of the youth vote with more than half of the 19 million registered voters under the age of 35. results expected within a week. let's check cnn "money stream." global stocks lower after disappointing trade data in china. in the u.s. the dow and s&p 500 both hit record high closes. this is the ninth in a row for the dow. strong earnings are keeping stocks at record highs. profits in 2017 on track for the best growth in six years. and many u.s. comp...