BA announced this morning and beat consensus, with an emphasis on wider margins and raising guidance for the second time this year, they're up in premarket.
COP Beat consensus, although coming in lower then last quarter. The lower income Y.O.Y reflects asset sales a year ago which gave 2010 earnings a boost. COP is also higher in premarket.
June Durable Goods orders out at 8:30 missed at -2.1 vs 1.9 in May, this was a big upset. With this miss, Q2 GDP may be sub 1%. The market is trading lower.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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