Federal government spending cuts have been a drag on GDP growth

Savita Subramanian (BAML) catches us up on Q3 earnings season

If you’re not in information technology, media or health care, it probably feels like a recession.

One of the biggest problems with the way many financial firms operate is that they prescribe before they diagnose.

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This is where I think traders sold Valeant: Not at the high, mind you, but on the way down before it went, well, waaaay down. I can’t imagine anyone who’s trading their own money professionally or semi-professionally is actually still long this stock. They can’t possibly be. Professional traders are not in the “I want to…

If we’ve underestimated anything, it’s the speed with which technology is sucking up every spare ounce of our time, attention, money, engagement, talent and imagination. It’s almost as though the rest of the world no longer matters. Have a look at the pre-market action in the Nasdaq heavyweights, on the heels of last night’s earnings…