Monthly Archives: November 2019

Tesla Unveils Electric Pickup Truck

Posted on November 25, 2019 by flpbaruchnewsletter

Tesla unveiled the newest addition to its electric vehicle line-up, which it’s calling Cybertruck, during an event at the Tesla Design Center in Hawthorne, California last Thursday night. The long-awaited reveal was nearly undermined by a botched on-stage demonstration which … Continue reading →

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Google Updates Political Ad Policy

Posted on November 25, 2019 by flpbaruchnewsletter

Alphabet Inc.’s Google is the latest tech giant to tighten its political ads policy. In a blog post published on Wednesday, the company announced that it would no longer allow targeting based on political affiliation or public voter records. With … Continue reading →

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Charles Schwab – TD Ameritrade Merger Talks

Posted on November 25, 2019 by flpbaruchnewsletter

Charles Schwab is in talks to acquire TD Ameritrade in a deal that would unite the two largest players in the discount brokerage industry. The move comes less than two months after Schwab announced that it would eliminate its commissions … Continue reading →

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Positive Signals on U.S. – China Trade Deal

Posted on November 25, 2019 by flpbaruchnewsletter

President Trump of the United States and President Xi of China have both indicated the desire to sign an initial trade deal to defuse the ongoing trade war between the two nations’ economies. Although both leaders made it clear that … Continue reading →

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U.S. Consumer Sentiment and Jobless Claims Results

Posted on November 25, 2019 by flpbaruchnewsletter

The index of consumer sentiment, the economic indicator measuring optimistic consumer sentiment on their finances and state of the economy released monthly by the University of Michigan, saw an unexpected rise in November, up at 96.8 compared to 95.5 in … Continue reading →

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FLP Market Update 11

Posted on November 25, 2019 by flpbaruchnewsletter

The major U.S. stock market indices failed to post gains in the past week. The S&P 500 ended its six-week winning streak during which it reached a record high. The University of Michigan’s Index of Consumer Sentiment for November was … Continue reading →

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WALMART

Posted on November 18, 2019 by flpbaruchnewsletter

On Thursday, Walmart’s third quarter earnings release showed an increase in US sales over the last 12 months. The release showed a 3.2% year over year rise in sales for the retailer, easing many economists’ fears that consumer spending would … Continue reading →

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ARAMCO IPO

Posted on November 18, 2019 by flpbaruchnewsletter

Saudi Aramco announced on Tuesday that it will be anticipating a valuation of $1.6 trillion to $1.7 trillion from its anticipated initial public offering of the Saudi-owned energy company. This valuation falls short of the initial $2 trillion figure the … Continue reading →

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EUROPEAN JOB MARKET

Posted on November 18, 2019 by flpbaruchnewsletter

Europe’s job market is doing incredibly well with unemployment being at its lowest in an entire generation. In comparison to the financial crisis over a decade ago, 10 million more people have jobs today. Despite the great numbers, workers are … Continue reading →

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US SERVICES SECTOR

Posted on November 18, 2019 by flpbaruchnewsletter

US services companies grew at their fastest rate in October since hitting a 3-year low in September. The service index grew from 52.6% to 54.7%, signaling growth in the sector. It should be noted that the services sector accounts for … Continue reading →

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