PepsiCo CFO: ‘We don’t see any sign of a consumer slowdown’ in the US
PepsiCo CFO Hugh Johnston said Tuesday that the snack and beverage giant still thinks the consumer economy is strong.
Debt and deficits won’t be as bad as feared but are still dangerous, CBO says
Attached article explains that US debt as a percent of GDP is 141%. This figure does not include entitlement spending which is not currently funded by the US government. If we add in entitlement spending deficits, US debt to GDP is over 500%. This is why entitlement reform is absolutely coming.
China’s Huawei and ZTE present US national security risks
Chinese tech giants Huawei and ZTE both present national security risks to the United States but for different reasons, Commerce Secretary Wilbur Ross told CNBC on Tuesday.
Mohamed El-Erian: Don’t underestimate a ‘Reagan moment’ for Trump on China
President Trump stands a chance of creating a new economic world order in his China trade fight, says economist Mohamed El-Erian.
Fed’s Kashkari says US is ‘in a very strong position’ on trade battle with China
Even amid substantial bouts of market tumult, Minneapolis Fed President Neel Kashkari sees the U.S. as holding the upper hand in its trade showdown with China.
Buffett says stocks are ‘ridiculously cheap’ if rates stay at these levels
Berkshire Hathaway Chairman and CEO Warren Buffett said Monday stocks are a huge bargain if interest rates remain at their low levels.
There is no threat to this bull market, says Wharton’s Jeremy Siegel
Money is moving into stocks and it looks like the trend is here to stay for a while, says Wharton’s Jeremy Siegel.
China trade deal could spark a big rally, says Jeremy Siegel
Jeremy Siegel, professor of finance at the Wharton School, discusses the markets following a week of record highs on CNBC’s “Closing Bell.”
Market watcher who predicted December plunge sees tide of gains from earnings
The market watcher who predicted the December plunge believes the new highs are sustainable. Ned Davis Research’s Ed Clissold cites a better-than-expected earnings seasonas a key factor in his bullish forecast.