3 offbeat economic indicators Wall Street experts watch, and what they can mean

Because economic indicators from the government can conflict, traders will often supplement with other sources of data, some of them more surprising. “This is a huge area of growth on Wall Street,” he says. During August, a wild month for the stock market, “Dow Jones” searches peaked. “I like to look at the deep internals of the job report, and particularly the unemployment rate for people with only a high school education,” he says. I like to look at the deep internals of the job report.


Because economic indicators from the government can conflict, traders will often supplement with other sources of data, some of them more surprising. “This is a huge area of growth on Wall Street,” he says. During August, a wild month for the stock market, “Dow Jones” searches peaked. “I like to look at the deep internals of the job report, and particularly the unemployment rate for people with only a high school education,” he says. I like to look at the deep internals of the job report.
3 offbeat economic indicators Wall Street experts watch, and what they can mean Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-26  Authors: anna-louise jackson, sam becker
Keywords: news, cnbc, companies, wall, colas, job, search, mean, unemployment, market, experts, indicators, report, jones, month, growth, watch, street, economic, offbeat, stock


3 offbeat economic indicators Wall Street experts watch, and what they can mean

Wondering how the U.S. economy is faring lately? Experts are too. For clues on where the economy is headed, traders closely track the yield curve, as well as economic reports measuring things like GDP, hiring, consumer spending, homebuilding activity, consumer confidence, manufacturing activity, and inflation. Many of those reports that earlier this year suggested U.S. growth was slowing (and possibly headed for another recession) now point to continued growth ahead. Because economic indicators from the government can conflict, traders will often supplement with other sources of data, some of them more surprising. Nicholas Colas, cofounder of DataTrek Research, digs into 10 to 20 different data points on a daily basis, looking for anything that might give subscribers to his popular daily newsletter a different perspective on the U.S. economy. “This is a huge area of growth on Wall Street,” he says. Here are three of his favorite offbeat indicators:

1. Key phrases consumers search online

When Americans have questions, they turn to Google for answers — and these queries can be revealing about how Americans are feeling. While Colas regularly examines Google Trends for a variety of search terms, including “coupon,” “unemployment,” and “TV,” he says one search term is the most reliable: “Dow Jones.” “That’s the one that catches my attention the most,” Colas says. “It’s a proxy for general economic growth and security.” Even Americans who don’t invest in stocks check in on the Dow Jones index — which is made up of 30 stocks and is meant to be representative of the U.S. economy — especially when there’s market turbulence. During August, a wild month for the stock market, “Dow Jones” searches peaked.

Graphic preview Increased interest in the markets Google searches for “Dow Jones” started increasing in early 2018 and hit a new peak in August 2019 during a wild month for the stock market. Social chart title Note: Numbers represent search interest relative to the highest point on the chart for the given region and time. A value of 100 is the peak popularity for the term. A value of 50 means that the term is half as popular. kiersten schmidt/grow Google

This increase shows that people use the stock market’s performance as a gauge for how secure their job might be or whether their home will appreciate, Colas says: “It’s a very finely tuned measure of how people are looking at the stock market and how it’s going to affect their lives.”

2. ‘The deep internals of the job report’

The first Friday of each month is a big day on Wall Street, because that’s when the Bureau of Labor Statistics releases its closely watched monthly employment report. While this report covers a swath of employment data, there are two headline numbers: the number of people hired in the prior month and the unemployment rate. But Colas doesn’t stop there. “I like to look at the deep internals of the job report, and particularly the unemployment rate for people with only a high school education,” he says. In addition, he looks at unemployment rates at the state level, and right now he’s focused on the Midwest — Michigan, Ohio, and Indiana in particular. Since the Great Recession ended in 2009, there’s been a lag in hiring for people working in the manufacturing industry, while people who don’t have a college education have only recently been clocking full-time hours. And as a result, these groups are most vulnerable to job cuts when there’s a slowdown. “They will feel the first signs of a recession,” Colas says.

I like to look at the deep internals of the job report. Nicholas Colas Cofounder, DataTrek Research

3. Vacation and other big-ticket spending


Company: cnbc, Activity: cnbc, Date: 2019-09-26  Authors: anna-louise jackson, sam becker
Keywords: news, cnbc, companies, wall, colas, job, search, mean, unemployment, market, experts, indicators, report, jones, month, growth, watch, street, economic, offbeat, stock


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Birth control access has contributed to women’s wage increases, says new study

Of course, there are many factors that could impact women’s future earnings that are not directly related to birth control, the researchers said. It is not possible to control a study for all of those factors, including family wealth, personality traits, soft skills, talents and aspirations. For the study, Bernstein and Jones took a historic look at birth control and found that while access to contraception increased over the decades, so did women’s ability to continue their education, remain in


Of course, there are many factors that could impact women’s future earnings that are not directly related to birth control, the researchers said. It is not possible to control a study for all of those factors, including family wealth, personality traits, soft skills, talents and aspirations. For the study, Bernstein and Jones took a historic look at birth control and found that while access to contraception increased over the decades, so did women’s ability to continue their education, remain in
Birth control access has contributed to women’s wage increases, says new study Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-26  Authors: cory stieg
Keywords: news, cnbc, companies, according, control, increases, research, access, wage, jones, womens, study, birth, women, having, contributed


Birth control access has contributed to women's wage increases, says new study

For women, having access to contraception at a young age may affect how much money they earn in their 30s and 40s, according to a new report from the Institute for Women’s Policy Research released Wednesday.

The report examined the relationship between contraceptive access in the U.S. and a number of outcomes, including educational attainment, labor force participation, career outcomes and earnings. The findings come from decades of research on the economic impact of contraceptive access.

Women who have access to legal contraception beginning at ages 18 to 21 make 5% more per hour and 11% more per year by the time they’re 40, compared to those who don’t, according to the report. That translates to about 63 cents more per hour and $2,200 more per year.

The reason? Having access to birth control measures such as the pill allows women to delay having children, which means they can invest in higher education and choose an occupation, the study’s authors, Anna Bernstein and Kelly M. Jones, noted.

The data came from interviews that were conducted between 1968 and 2003 and published in a 2012 study, but all the numbers have been converted to represent the dollar amount as of the year 2000, Jones tells CNBC Make It. (As a result, the calculation of 63 cents per hour and $2,200 per year is in 2000-era dollars.)

Of course, there are many factors that could impact women’s future earnings that are not directly related to birth control, the researchers said. It is not possible to control a study for all of those factors, including family wealth, personality traits, soft skills, talents and aspirations.

For the study, Bernstein and Jones took a historic look at birth control and found that while access to contraception increased over the decades, so did women’s ability to continue their education, remain in the workforce and earn more.

Their findings gel with other research on the widespread effects of birth control: Contraceptive access has been shown to increase women’s college enrollment by 12% to 20%. The 15% bump in the women’s labor force participation that happened from 1970 to 1990 was largely due to the pill, according to Bernstein and Jones.

On the other hand, an early birth has been shown to disrupt or delay women’s ability to pursue secondary schooling and can have significant effects on their earning potential.

For example, a 2011 study found that women who have their first child fresh out of high school earn 30 fewer college credits than those who waited seven or more years to have kids. Each subsequent birth can further those effects, particularly for low-income households, according to the report.

Also, a study published in 2018 found that having children decreases women’s earnings in Denmark over time, but not men’s. When they had children, men’s incomes still stayed on par with their peers who had no children.

Bernstein and Jones said the study is important because “the knowledge that [a woman] will have the future ability to control whether and when to have a child can shape a young woman’s aspirations and life plans.”

Contraceptives give women the freedom to invest in their human capital, and develop economic security, they added.

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Company: cnbc, Activity: cnbc, Date: 2019-09-26  Authors: cory stieg
Keywords: news, cnbc, companies, according, control, increases, research, access, wage, jones, womens, study, birth, women, having, contributed


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Federal raids on auto union set stage for unprecedented contract talks with Ford, GM, Fiat Chrysler

FBI agents finish loading materials into a truck out of the home of United Auto Workers President Gary Jones on Wednesday, Aug. 28, 2019. Michael Wayland / CNBCDETROIT – Federal raids on the homes of United Auto Workers leaders and union-owned properties on Wednesday have thrust the union’s collective bargaining with Detroit automakers this year into unprecedented territory. The home of United Auto Workers union President Gary Jones on Wednesday, Aug. 28, 2019 after federal agents raided the hom


FBI agents finish loading materials into a truck out of the home of United Auto Workers President Gary Jones on Wednesday, Aug. 28, 2019. Michael Wayland / CNBCDETROIT – Federal raids on the homes of United Auto Workers leaders and union-owned properties on Wednesday have thrust the union’s collective bargaining with Detroit automakers this year into unprecedented territory. The home of United Auto Workers union President Gary Jones on Wednesday, Aug. 28, 2019 after federal agents raided the hom
Federal raids on auto union set stage for unprecedented contract talks with Ford, GM, Fiat Chrysler Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-30  Authors: michael wayland
Keywords: news, cnbc, companies, union, raids, gm, talks, president, bargaining, ford, uaw, workers, jones, unprecedented, negotiations, stage, leaders, set, investigation, fiat, federal


Federal raids on auto union set stage for unprecedented contract talks with Ford, GM, Fiat Chrysler

FBI agents finish loading materials into a truck out of the home of United Auto Workers President Gary Jones on Wednesday, Aug. 28, 2019. Michael Wayland / CNBC

DETROIT – Federal raids on the homes of United Auto Workers leaders and union-owned properties on Wednesday have thrust the union’s collective bargaining with Detroit automakers this year into unprecedented territory. The ongoing negotiations were expected to be contentious amid the multiyear probe and tightening economy, but the raids, including on the Michigan home of UAW President Gary Jones, create a new level of mistrust, uncertainty and concern for both sides of the table, according to industry officials. Most notably, the Wednesday raids confirm that the Department of Justice is widening its probe to current UAW leaders that the union has adamantly denied had anything to do with the “misdeeds of a few bad apples,” as Jones’ predecessor, UAW President Dennis Williams previously characterized the corruption. “Already difficult bargaining has been made much more difficult,” said Kristin Dziczek, vice president of industry, labor and economics at the Center for Automotive Research in Ann Arbor, Michigan. Williams’ home in California was also raided as part of the multistate effort involving the FBI, IRS and Department of Labor’s Office of Inspector General. Other locations included a UAW-owned resort and conference center called Black Lake in northern Michigan; a local regional director’s home and UAW office in Missouri, where Jones previously served as regional director; and the Wisconsin home of Williams’ former administrative assistant, Amy Loasching.

The home of United Auto Workers union President Gary Jones on Wednesday, Aug. 28, 2019 after federal agents raided the home. Mike Wayland | CNBC

The raids are believed to be an expansion of a roughly four-year investigation into labor relations corruption, including bribery and kickbacks, that has already led to the convictions of eight officials affiliated with the union and Fiat Chrysler. Charges were also filed earlier this month against Michael Grimes, a former UAW official assigned to the union’s General Motors department, for allegedly receiving $2 million in kickbacks from UAW vendors. Whether the raids unearthed damaging evidence against current union officials is arguably irrelevant for this year’s negotiations, according to Art Wheaton, a labor expert at the Worker Institute at Cornell University. “It doesn’t matter if it’s true or not. It’s already done the damage,” he said. “Even creating the sense of inappropriate or illegal behavior creates problems.”

Growing mistrust?

The largest problem created by the investigation could be the trust rank-and-file workers have in the ability of UAW leaders to negotiate a fair contract in their best interest, according to officials. “The federal investigation swirling around the contract makes getting that contract ratified much more difficult,” Dziczek said. Wheaton agreed, “The investigation only hurts the confidence and the ability for the membership to believe the leaders have their best interest at heart.” As part of the union’s collective bargaining, rank-and-file members vote to approve each tentative agreement reached by bargaining committees for the automakers and union. Historically, the process has gone smoothly with union members voting to support the leadership-approved contract.

FBI agents walking into the home of United Auto Workers President Gary Jones after removing materials from the location on Wednesday, Aug. 28, 2019. Michael Wayland/CNBC

However, that wasn’t the case during the last round of negotiations four years ago when workers with Fiat Chrysler rejected an initial deal and sent bargainers back to the table – prolonging negotiations and nearly causing a strike. One longtime local UAW official and former bargainer who asked not to be identified due to the fear of repercussions described workers on the factory floor as “disappointed,” “angry” and distrusting of “anybody involved in the process.”

Strike possible

Following the search warrants being executed, the UAW, in a statement, condemned the raids as unnecessary, citing the union and its leadership “have always fully cooperated with the government investigators in this matter.” The union also attempted to soothe any concerns of members and shift focus to the negotiations: “Trust in UAW leadership is never more important than during the bargaining process, when profit-laden auto companies stand to benefit from media leaks, false assumptions, and political grandstanding,” read the statement. “The sole focus of President Jones and his team will be winning at the bargaining table for our members.” The federal investigation and raids this week may cause UAW leaders to be more aggressive against the companies in an effort to prove they are doing everything they can to negotiate a fair contract, according to Wheaton. That includes the increased possibility of a strike, he said.


Company: cnbc, Activity: cnbc, Date: 2019-08-30  Authors: michael wayland
Keywords: news, cnbc, companies, union, raids, gm, talks, president, bargaining, ford, uaw, workers, jones, unprecedented, negotiations, stage, leaders, set, investigation, fiat, federal


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Federal agents raid home of United Auto Workers union President Gary Jones

FBI agents carry materials out of the home of United Auto Workers President Gary Jones on Wednesday, Aug. 28, 2019. DETROIT – Federal agents raided the home of United Auto Workers President Gary Jones on Wednesday as the Justice Department expands its probe of corruption in the union’s top ranks while Detroit automakers renegotiate labor contracts for 158,000 employees. Kevin Telepo, a neighbor, said he noticed FBI and IRS agents searching the property at about 8:30 a.m. The federal agents were


FBI agents carry materials out of the home of United Auto Workers President Gary Jones on Wednesday, Aug. 28, 2019. DETROIT – Federal agents raided the home of United Auto Workers President Gary Jones on Wednesday as the Justice Department expands its probe of corruption in the union’s top ranks while Detroit automakers renegotiate labor contracts for 158,000 employees. Kevin Telepo, a neighbor, said he noticed FBI and IRS agents searching the property at about 8:30 a.m. The federal agents were
Federal agents raid home of United Auto Workers union President Gary Jones Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-28  Authors: michael wayland
Keywords: news, cnbc, companies, president, jones, schneider, raid, union, gary, federal, detroit, locations, williams, fbi, united, workers, agents, auto


Federal agents raid home of United Auto Workers union President Gary Jones

FBI agents carry materials out of the home of United Auto Workers President Gary Jones on Wednesday, Aug. 28, 2019.

DETROIT – Federal agents raided the home of United Auto Workers President Gary Jones on Wednesday as the Justice Department expands its probe of corruption in the union’s top ranks while Detroit automakers renegotiate labor contracts for 158,000 employees.

Kevin Telepo, a neighbor, said he noticed FBI and IRS agents searching the property at about 8:30 a.m. The agents removed “a bunch of boxes” from the house and “were going through a bunch of cash in the garage,” he said in an interview.

The federal agents were still searching Jones’ home in suburban Detroit and removing items in the early afternoon.

Jones’ home was one of several targets hit by federal agents Wednesday, according to FBI spokeswoman Mara Schneider. Other locations in the multistate raid included the California home of former UAW President Dennis Williams as well as the union’s training center, golf resort and a conference center called Black Lake.

Additional locations, Schneider confirmed, included a local UAW office in Missouri, where Jones previously served as regional director, and the Wisconsin home of Williams’ former administrative assistant, Amy Loasching.

The raids, which were first reported by The Detroit News, occurred at six locations in four states. They mark a major shift in the investigation from many former or retired union officials being targeted to active leaders.

The Department of Labor’s Office of Inspector General also was involved in the raids, Schneider confirmed.


Company: cnbc, Activity: cnbc, Date: 2019-08-28  Authors: michael wayland
Keywords: news, cnbc, companies, president, jones, schneider, raid, union, gary, federal, detroit, locations, williams, fbi, united, workers, agents, auto


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Sen. Doug Jones says Congress ‘may end up acting’ if Trump’s trade war with China drags on

HUNTSVILLE, Ala. — Alabama’s Democratic Sen. Doug Jones criticized President Donald Trump’s escalating trade war with China on Tuesday, hinting at bipartisan congressional action to check the president as his state becomes more exposed to the crossfire between Washington and Beijing. “If this doesn’t change soon, I think Congress may end up acting. The ongoing trade war between the world’s two largest economies took more anxious turns this week, resulting in market volatility. Trade talks collap


HUNTSVILLE, Ala. — Alabama’s Democratic Sen. Doug Jones criticized President Donald Trump’s escalating trade war with China on Tuesday, hinting at bipartisan congressional action to check the president as his state becomes more exposed to the crossfire between Washington and Beijing. “If this doesn’t change soon, I think Congress may end up acting. The ongoing trade war between the world’s two largest economies took more anxious turns this week, resulting in market volatility. Trade talks collap
Sen. Doug Jones says Congress ‘may end up acting’ if Trump’s trade war with China drags on Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-07  Authors: amanda macias jacob pramuk, amanda macias, jacob pramuk
Keywords: news, cnbc, companies, state, trumps, president, sen, drags, soon, trade, doug, war, jones, end, think, congress, china, tariffs, theres


Sen. Doug Jones says Congress 'may end up acting' if Trump's trade war with China drags on

HUNTSVILLE, Ala. — Alabama’s Democratic Sen. Doug Jones criticized President Donald Trump’s escalating trade war with China on Tuesday, hinting at bipartisan congressional action to check the president as his state becomes more exposed to the crossfire between Washington and Beijing.

“I think Alabama is not just in a unique position, but we are in a very vulnerable position with both manufacturing and farming, we cannot overlook the impact that this is having on farmers up and down the state from one end to another,” Jones told CNBC on the sidelines of the Space and Missile Defense Symposium in Huntsville.

“If this doesn’t change soon, I think Congress may end up acting. There’s bills that I’ve got pending with Senator Alexander and Senator Portman and I think if this doesn’t end soon, Congress is going to start stepping in more than they have in the past,” he added.

The ongoing trade war between the world’s two largest economies took more anxious turns this week, resulting in market volatility. China, which has already put retaliatory tariffs on a range of U.S. crops, dealt another blow to the American farm industry Monday when it said it would stop purchasing U.S. agricultural products. U.S. stock indexes stabilized Wednesday, as the S&P 500 and Nasdaq inched higher while the Dow Jones industrial average fell slightly.

On Tuesday, White House economic advisor Larry Kudlow offered reassurance, telling CNBC that there’s still an opportunity for negotiation.

“The reality is we would like to negotiate,” Kudlow said, adding that the president has said “if you make a good deal, maybe he’ll be flexible on the tariffs.”

In June, Trump and Chinese President Xi Jinping agreed on the sidelines of the G-20 summit in Japan to restart negotiations and not impose new tariffs on each other’s goods. Trade talks collapsed in May, with intellectual property theft proving to be a major sticking point between the two parties.

Jones said the trade conflict has created uncertainty for key industries. Mercedes, Honda and Hyundai operate assembly plants in the state, while Mazda and Toyota are building a joint assembly plant in Alabama, according to the state’s Department of Commerce.


Company: cnbc, Activity: cnbc, Date: 2019-08-07  Authors: amanda macias jacob pramuk, amanda macias, jacob pramuk
Keywords: news, cnbc, companies, state, trumps, president, sen, drags, soon, trade, doug, war, jones, end, think, congress, china, tariffs, theres


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Canadian pot company Cronos gets foothold in US by buying popular CBD beauty brand Lord Jones

Canadian pot company Cronos said Friday it is buying access to the CBD market in the U.S. by acquiring Redwood Holding Group, the firm behind popular CBD beauty brand Lord Jones, for $300 million. Redwood operates mainly through its Lord Jones brand, which sells CBD-infused lotions, gummies, bath salts and oils. Lord Jones was the first CBD brand to land a spot in beauty retailer Sephora. The deal gives Cronos a foothold in the fast-growing U.S. CBD market, where consumers are clamoring for beau


Canadian pot company Cronos said Friday it is buying access to the CBD market in the U.S. by acquiring Redwood Holding Group, the firm behind popular CBD beauty brand Lord Jones, for $300 million. Redwood operates mainly through its Lord Jones brand, which sells CBD-infused lotions, gummies, bath salts and oils. Lord Jones was the first CBD brand to land a spot in beauty retailer Sephora. The deal gives Cronos a foothold in the fast-growing U.S. CBD market, where consumers are clamoring for beau
Canadian pot company Cronos gets foothold in US by buying popular CBD beauty brand Lord Jones Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-02  Authors: angelica lavito
Keywords: news, cnbc, companies, cbd, oils, company, stocking, lord, popular, products, canadian, beauty, brand, pot, cronos, foothold, market, gets, jones


Canadian pot company Cronos gets foothold in US by buying popular CBD beauty brand Lord Jones

Canadian pot company Cronos said Friday it is buying access to the CBD market in the U.S. by acquiring Redwood Holding Group, the firm behind popular CBD beauty brand Lord Jones, for $300 million.

Redwood operates mainly through its Lord Jones brand, which sells CBD-infused lotions, gummies, bath salts and oils. Lord Jones was the first CBD brand to land a spot in beauty retailer Sephora.

The deal gives Cronos a foothold in the fast-growing U.S. CBD market, where consumers are clamoring for beauty products, foods and oils containing the cannabis compound. Congress legalized hemp-derived CBD late last year, making retailers more comfortable with stocking the products. Shares of Cronos rose 7% Friday.


Company: cnbc, Activity: cnbc, Date: 2019-08-02  Authors: angelica lavito
Keywords: news, cnbc, companies, cbd, oils, company, stocking, lord, popular, products, canadian, beauty, brand, pot, cronos, foothold, market, gets, jones


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Cramer reviews the top July performers on the Dow Jones and S&P 500

The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all sold off more than 1% during the last trading day of July. Cramer took the time to review the month’s biggest winners on the Dow and S&P indexes. Procter & Gamble Procter & Gamble, which owns the Bounty, Crest and Dawn brands, surged 7.65% this month. Apple Apple climbed 7.64% in July. Goldman Sachs has been building out a recurring revenue business model, and that’s what the market wants, Cramer said.


The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all sold off more than 1% during the last trading day of July. Cramer took the time to review the month’s biggest winners on the Dow and S&P indexes. Procter & Gamble Procter & Gamble, which owns the Bounty, Crest and Dawn brands, surged 7.65% this month. Apple Apple climbed 7.64% in July. Goldman Sachs has been building out a recurring revenue business model, and that’s what the market wants, Cramer said.
Cramer reviews the top July performers on the Dow Jones and S&P 500 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-31  Authors: tyler clifford
Keywords: news, cnbc, companies, company, wanted, thats, apple, month, traders, jones, think, cramer, reviews, stock, sp, dow, performers, 500, procter


Cramer reviews the top July performers on the Dow Jones and S&P 500

Wall Street finally got what it was ordering from the Federal Reserve, but somehow investors were still disappointed, CNBC’s Jim Cramer said Wednesday. The central bank cut the benchmark interest rate by a quarter point to the 2% to 2.25% range, but traders who wanted Chairman Jerome Powell to signal future cuts were left unsatisfied. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all sold off more than 1% during the last trading day of July. The “Mad Money” host said “there was nothing shocking about Fed Chief Jay Powell’s statement, but a lot of people don’t seem to understand how the game is played.” Cramer took the time to review the month’s biggest winners on the Dow and S&P indexes. “When you get days like today, where you see … [panic traders] decide that the Fed made a disappointing move, even though we got exactly what we wanted — nothing more and nothing less — look to those July leaders for guidance, and, in some cases, you’re going to find some solid buying opportunities,” Cramer added.

Dow Jones Industrial Average:

1. Procter & Gamble Procter & Gamble, which owns the Bounty, Crest and Dawn brands, surged 7.65% this month. Cramer hesitated to recommend the stock ahead of its most recent quarterly report, but the company posted 7% of organic sales growth in its Tuesday earnings report. “That’s staggering for such an old-fashioned consumer packaged goods company that had been struggling to put up low single-digit numbers for ages,” he said. “Turns out Procter deserved to run. The thing went from a blue chip-dividend play to a growth stock literally overnight.” 2. Apple Apple climbed 7.64% in July. The stock gained 2% on Wednesday coming off its earnings beat the day prior. “Buyers don’t care that much about the iPhone sales disappointing, because the wearables and the services are the future,” Cramer said. “Investors always pay more for stocks with recurring revenue. [CEO] Tim Cook’s Apple’s making that transition.” 3. Goldman Sachs The investment bank watched its stock gain 7.59% this month. Goldman Sachs has been building out a recurring revenue business model, and that’s what the market wants, Cramer said. “I think it deserves to sell at an even higher valuation. Gigantic buyback will help them get there,” he said. “I just hope Goldman’s ready for the Apple charge card.” 4. IBM Big Blue’s shares gained 7.5% this month. The stock staged a comeback from low levels and caught steam after closing on its $34 billion deal for the open-source software maker Red Hat on July 9. “I think the run makes sense, and even up here it still has a 4.3% yield,” Cramer said. “I’d be a buyer.” 5. Intel Shares of Intel jumped 5.60% during the month. “The company didn’t really do much to deserve a rally this month,” he said. “It was strictly a BTF situation — better than feared.”

S&P 500


Company: cnbc, Activity: cnbc, Date: 2019-07-31  Authors: tyler clifford
Keywords: news, cnbc, companies, company, wanted, thats, apple, month, traders, jones, think, cramer, reviews, stock, sp, dow, performers, 500, procter


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Former car salesman: Never say this 1 thing when negotiating a deal

If you play your cards right during a car negotiation, you could score a great deal and save thousands of dollars. There is one thing you want to avoid saying when negotiating with a dealer, though: “I don’t like the car.” That’s according to former car salesman Matt Jones, who is now senior manager of insights at car review site Edmunds. “People used to say, never let the dealership know that you like the car,” Jones tells CNBC Make It. However, acting unenthusiastic won’t necessarily land you


If you play your cards right during a car negotiation, you could score a great deal and save thousands of dollars. There is one thing you want to avoid saying when negotiating with a dealer, though: “I don’t like the car.” That’s according to former car salesman Matt Jones, who is now senior manager of insights at car review site Edmunds. “People used to say, never let the dealership know that you like the car,” Jones tells CNBC Make It. However, acting unenthusiastic won’t necessarily land you
Former car salesman: Never say this 1 thing when negotiating a deal Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-25  Authors: kathleen elkins
Keywords: news, cnbc, companies, thousands, thing, dont, unenthusiastic, car, negotiating, wont, tells, say, jones, todaynobody, salesman, used, deal


Former car salesman: Never say this 1 thing when negotiating a deal

If you play your cards right during a car negotiation, you could score a great deal and save thousands of dollars.

There is one thing you want to avoid saying when negotiating with a dealer, though: “I don’t like the car.”

That’s according to former car salesman Matt Jones, who is now senior manager of insights at car review site Edmunds. “People used to say, never let the dealership know that you like the car,” Jones tells CNBC Make It. However, acting unenthusiastic won’t necessarily land you the best price today.

“Nobody is going to spend thousands of dollars on something they don’t like,” Jones says. And the salesperson knows that.


Company: cnbc, Activity: cnbc, Date: 2019-07-25  Authors: kathleen elkins
Keywords: news, cnbc, companies, thousands, thing, dont, unenthusiastic, car, negotiating, wont, tells, say, jones, todaynobody, salesman, used, deal


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Former car salesman: The No. 1 mistake first-time car buyers make

Almost always, a car will end up costing you more than the sticker price — and not anticipating the true cost is “the absolute biggest mistake first-time buyers make,” says former car salesman Matt Jones, who is now the senior manager of insights at Edmunds, a car-review site. There’s also insurance, he adds, which can be higher for first-time buyers, as they’re typically on the younger side and don’t have as much driving experience. “Take a look at your car deal with a 360-degree view,” says Jo


Almost always, a car will end up costing you more than the sticker price — and not anticipating the true cost is “the absolute biggest mistake first-time buyers make,” says former car salesman Matt Jones, who is now the senior manager of insights at Edmunds, a car-review site. There’s also insurance, he adds, which can be higher for first-time buyers, as they’re typically on the younger side and don’t have as much driving experience. “Take a look at your car deal with a 360-degree view,” says Jo
Former car salesman: The No. 1 mistake first-time car buyers make Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-16  Authors: kathleen elkins
Keywords: news, cnbc, companies, younger, car, gas, mistake, using, youre, salesman, firsttime, insurance, jones, buyers, sites


Former car salesman: The No. 1 mistake first-time car buyers make

Almost always, a car will end up costing you more than the sticker price — and not anticipating the true cost is “the absolute biggest mistake first-time buyers make,” says former car salesman Matt Jones, who is now the senior manager of insights at Edmunds, a car-review site.

“People get fixated on their car payment,” Jones tells CNBC Make It, and forget to factor in all of the expenses that come with actually owning a vehicle, like gas, maintenance and repairs.

There’s also insurance, he adds, which can be higher for first-time buyers, as they’re typically on the younger side and don’t have as much driving experience.

“Take a look at your car deal with a 360-degree view,” says Jones. That means using sites like fueleconomy.gov to research fuel prices in your area and the gas mileage of the car you’re interested in buying. Next, get an auto insurance quote using sites like State Farm or Geico.


Company: cnbc, Activity: cnbc, Date: 2019-07-16  Authors: kathleen elkins
Keywords: news, cnbc, companies, younger, car, gas, mistake, using, youre, salesman, firsttime, insurance, jones, buyers, sites


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Dow and Nasdaq close at record highs amid expectations for the Fed to lower rates

The S&P 500 also rose 0.7% as the real estate and consumer sectors powered the broad index to record levels. The S&P 500 closed just 0.1% below 3,000. “If technology continues to be strong and the semiconductors get some kind of bounce, that could probably push the S&P 500 through it 3,000. The disappointing data strengthens the Fed’s case for lowering rates at its monetary policy meeting at the end of July. Last month, the central bank opened the door to easier monetary policy by stating it wil


The S&P 500 also rose 0.7% as the real estate and consumer sectors powered the broad index to record levels. The S&P 500 closed just 0.1% below 3,000. “If technology continues to be strong and the semiconductors get some kind of bounce, that could probably push the S&P 500 through it 3,000. The disappointing data strengthens the Fed’s case for lowering rates at its monetary policy meeting at the end of July. Last month, the central bank opened the door to easier monetary policy by stating it wil
Dow and Nasdaq close at record highs amid expectations for the Fed to lower rates Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-03  Authors: fred imbert
Keywords: news, cnbc, companies, fed, sp, expectations, dow, 500, rose, rates, probably, close, jones, nasdaq, month, index, amid, record, monetary, highs, policy, lower


Dow and Nasdaq close at record highs amid expectations for the Fed to lower rates

Stocks closed at record highs on Wednesday as investors bet on a potential rate cut from the Federal Reserve later this month after the release of weaker-than-expected economic data.

The Dow Jones Industrial Average gained 175 points, notching intraday and closing all-time highs. The Nasdaq Composite advanced 0.7%.

The S&P 500 also rose 0.7% as the real estate and consumer sectors powered the broad index to record levels. Tech also boosted the index, rising 0.7% to a record high. The S&P 500 closed just 0.1% below 3,000.

“The first time we get there you’ll probably see some profit-taking,” said Scott Redler, partner with T3live.com. “If technology continues to be strong and the semiconductors get some kind of bounce, that could probably push the S&P 500 through it 3,000. It’s good to see the FANG names show some power.”

Shares of Facebook, Amazon, Netflix and Google-parent Alphabet all rose on Wednesday. The session ended at 1 p.m. ET due to the Fourth of July holiday.

Private payrolls in the U.S. increased by 102,000 in June, ADP and Moody’s Analytics said. Economists polled by Dow Jones expected growth of 135,000.

The disappointing data strengthens the Fed’s case for lowering rates at its monetary policy meeting at the end of July. Last month, the central bank opened the door to easier monetary policy by stating it will “act as appropriate” to maintain the current economic expansion.


Company: cnbc, Activity: cnbc, Date: 2019-07-03  Authors: fred imbert
Keywords: news, cnbc, companies, fed, sp, expectations, dow, 500, rose, rates, probably, close, jones, nasdaq, month, index, amid, record, monetary, highs, policy, lower


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