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Tag: Tim Graf

Dow plunges 800 points in worst day of 2019

Wednesday, August 14, 2019 4:27 pmWednesday, August 14, 20199 Comments

A selloff in U.S. stocks accelerated into Wednesday afternoon after the bond market flashed its brightest warning signal…

Analyst: Goldman Sachs spends $350 for every Apple Card customer; may lose money on credit card in the next recession

Wednesday, August 14, 2019 4:11 pm1 Comment

An analyst estimates that Goldman Sachs spends $350 to acquire each new Apple Card holder and thinks the bank will begin to break even on a customer after four years…

U.S. Treasury bond curve inverts for first time since 2007 in recession warning

Wednesday, August 14, 2019 8:49 amWednesday, August 14, 20197 Comments

In a classic sign of investor concern that the world’s biggest economy could be heading for recession, the U.S. Treasury bond yield curve inverted on Wednesday for the first time since 2007…

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