Author: Consultant

China’s GDP growth misses expectations in the second quarterChina eked out GDP growth of 0.4% in the second quarter from a year ago, missing expectations as the economy struggled to […]

Dow slumps 600 points as traders worry about larger rate hikes, JPMorgan falls after earningshttps://www.cnbc.com/2022/07/13/stock-futures-slip-after-wednesdays-session-as-wall-street-awaits-bank-earnings.html

Morgan Stanley misses analysts’ estimates on worse-than-expected investment banking revenueMorgan Stanley reported second-quarter earnings and revenue that were below analysts’ expectations.The bank’s results were hurt by a steep 55% decline […]

EU hikes inflation forecast to 8.3% for 2022 as Russia-Ukraine war drives soaring pricesIn May, the European Commission expected inflation in the euro area to hit 6.1% in 2022, before […]

World’s largest chipmaker TSMC posts record profit allaying fears over semiconductor headwindsTSMC, the worlds biggest chipmaker, posted record net profit in the second quarter.However, TSMC CEO CC Wei said that […]

Coachers Corner – June 2022

Earnings SeasonRTMA July 11

JPMorgan Chase says second-quarter profit fell 28% after building reserves for bad loansHere are the numbers: Earnings of $2.76 a share vs the $2.88 per share estimate of analysts surveyed […]

JULY 14 Dow futures fall more than 300 points as traders weigh potential for big rate hikesStock futures fell Thursday as traders assess the possibility of even tighter U.S. monetary […]