It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
The data show not all Americans are benefiting from the strong labor market, New York Fed economists say. Consumers with the weakest credit have driven deteriorating performance of auto debt: The share of subprime borrowers who fell well behind on car payments the last three months of the year was the highest since the second quarter of 2010.
The number of loans at least 90 days late exceeded 7 million at the end of last year, the highest total in the two decades the Federal Reserve Bank of New York has kept track. Expressed as a percentage of total debt, the delinquency rate is the highest since 2012, as overall borrowing has also increased.
Amazon on Thursday canceled its plans to build an expansive corporate campus in New York City after facing an unexpectedly fierce backlash from some lawmakers and union leaders, who contended that a tech giant did not deserve nearly $3 billion in government incentives.
originally posted by: eManym
I have never really understood how technical analysis of stock prices can be profitable. No-one can manually out trade an algorithm that makes trades in milliseconds of millions of shares for just pennies in profit per share. From a statistical standpoint a stock or option price has a 50 percent chance of being either up or down in any millisecond, second, minute, hour, day, month or year and on and on.
Insider information can be definitely profitable, which I think is occurring with people that have become very wealthy from trading.