'Of the S&P 500 companies that have reported over the last month, just 32 mention recession on their calls,' says Nick Mazing of Sentieo.
The S&P 500 is poised to hit a record high on Monday, up more than 20% year to date and completing a rebound from an August sell-off.
And that — along with hopes for a trade deal breakthrough — is the major reason the S&P 500 is knocking on the door of a record high.Bank CEOs optimistic on consumer Kurt Barton, CFO of Tractor Supply: "[W]e're not seeing any indications at this point of any slowdown..."
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Burger King's parent company reports earnings in line with expectationsRestaurant Brands International reported earnings before the bell Monday.
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It would take 100 years for the average employee to earn what their CEO makes in a yearA recent report from the Institute for Policy Studies highlights just how extreme the inequality is between CEOs and workers. The IPS analyzed pay data at all S&P 500 companies and found that nearly 80% of S&P 500 companies paid their CEO more than 100 times more than their median worker pay.
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Hong Kong is in a technical recession as five months of protests take a tollHong Kong is headed for recession, after five months of protests have sent tourism and retail numbers plunging
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Apple earnings: iPhone optimism hasn’t changed Apple’s downward trajectoryFrom one look at Apple Inc.’s stock, you might think that Wall Street was expecting something big from the company’s coming earnings report.
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