Tech companies haven’t been this negative about a quarter in six years

Tech companies are bracing investors for what could be the worst quarter from a revenue perspective in more than six years. With first-quarter earnings season just a few weeks away, information technology firms have been revising their forward guidance considerably lower. In all, 31 companies have issued negative revenue guidance, which is well above the … Read more

The story behind Doug Casey’s once-in-a-lifetime 86,900% gain

Doug Casey’s known for his controversial views… The Washington Post even wondered, “Who’s Doug Casey and why’s he saying these terrible things?” But it’s far less known that Doug’s controversial world view is also how he built up multiple multi-million dollar fortunes over the past 5 decades. — RECOMMENDED — How to Capitalize on Crashing Stocks … Read more

A key recession indicator just did something that hasn’t happened in 12 years

Federal Reserve Chairman Jerome Powell’s assertion this week that the U.S. economy remains strong is facing a stern test from the bond market. In fact, government fixed income yields are delivering, by one measure, a possible recession indication that hasn’t happened since 2007 — RECOMMENDED — Learn How You Could DOUBLE or TRIPLE Your Account … Read more

GE earnings forecast falls short of estimates, CEO Culp says ‘We have work to do’

General Electric told shareholders on Thursday the embattled conglomerate expects 2019 earnings to be below what analysts anticipated as it continues to be plagued by problems in its power business. GE expects 2019 adjusted earnings between 50 cents and 60 cents a share, below the 70 cents a share Wall Street expected in a Refintiv … Read more