DHUnplugged Podcast

DHUnplugged #311: The Failure of Kitchen Sink Economics


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Key economic leaders in Europe downgraded future growth expectations and lowered their outlook for inflation. This is in the as they have provided record stimulus and gone so far as applying negative rates.
China is still slowing and earnings have been so-so at best. Where do we go from here?
In this episode we take a look at some  of the top business news as well as the DHUnplugged take on the media spin. What you should be looking for to make those all important investment decisions and what not to do – plus a few ideas from us to you…

Click HERE for Show Notes and Links
It was a tough ending for the week as some of the big, well known names dissapointed investors with weak earnings and guidance – with the exception of Facebook (FB) and Amazon (AMZN)…
Breaking news – Cruz suspends Presidential campaign
BOJ’s Kuroda decides to do nothing in the most recent rate meeting and the Yen goes haywire! Yen moves UP by 4% and Nikkei moves down by ~ 8% in 2 sessions as investors were all set for another round of massive stimulus from the BOJ. So why isn’t the Kitchen Sink approach to economics failing?
Yen Chart
If anyone thought that the global stimulus program may be over – look no futher that the surprise move by Australia last night – cut rates again – by 0.25%.
The default rate on energy H/Y bonds now at 13% – surpassing the previous record of 9.7% set in 1999. (Ultra Petroleum and Midstates petroleum are latest victims of low oil prices)
And… U.S. Steel: Moody’s downgrades U.S. Steel’s CFR to B3; assigns B1 rating to senior secured note offering; outlook negative.
In a “bold” move – Chipotle (CMG) is thinking about a breakfast burrito – Now where did they get that idea from?
Serepta Therapeutics – WOW – Upgraded as there is still hope – stock up 120% since 50% sell off..
Puerto Rico missed debt payment and likely default – will they be bailed out of this?
Now this is too much in every way: On Friday, Yahoo!  disclosed the packages that will be available to key executives if they are ousted in the event of a sale. Mayer will be paid $54.8 million in cash and stock if she’s removed from her job within a year of a sale. [LINK]

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Starbucks iced coffee contains too much ice, not enough coffee, lawsuit claims – “Starbucks is misleading customers who expect to receive the advertised amount of fluid ounces,” states the class-action lawsuit,
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