Taiwan and Pelosi, Mangled Yield Curve, AMD’s Big Night, Apple Bond Sale

Taiwan and Pelosi, Mangled Yield Curve, AMD's Big Night, Apple Bond Sale

The late afternoon/evening financial media shows talked about the Monday session as if there had been some significant “risk-off” event. I had to chuckle just a bit at the never-ending effort to sensationalize whatever happens on a daily basis. The fact is that there was enough news, economic, or geopolitical, to make for decent conversation. … Read more

Verizon Stock Set for Worst Week Since 2008. Time to Buy?

Verizon Stock Set for Worst Week Since 2008. Time to Buy?

Yesterday it was AT&T (T) – Get AT&T Inc. Report; today it’s Verizon (VZ) – Get Verizon Communications Inc. Report. The stocks of the country’s two largest telecom companies are uncharacteristically volatile as they report second-quarter earnings. On Thursday, Verizon shares fell 2.9% in sympathy with AT&T’s earnings selloff. While AT&T beat on earnings expectations, … Read more