Walmart Stock (WMT)

Upgrades: ArcelorMittal ($MT) upgraded to Overweight from Neutral at JPMorgan Array Technologies ($ARRY) upgraded to Outperform from Neutral at Mizuho, Target: $5 Bank of America ($BAC) upgraded to Outperform from Neutral at Baird, Target: $62 BorgWarner ($BWA) upgraded to Buy from Neutral at BofA, Target: $85 Brighthouse Financial ($BHF) upgraded to Neutral from Underweight at …

From Bramo in support of my consumer is spent up and not pent up thesis: From late August: The Consumer Is Spent Up, Not Pent Up * The cumulative or “stacked” inflation (since 2000) is weighing on the consumer sector * This, coupled with the shrinking savings rate, is critical to the outlook for equities given …

* The cumulative or “stacked” inflation (since 2000) is weighing on the consumer sector * This, coupled with the shrinking savings rate, is critical to the outlook for equities given the role of consumer spending and the large swath of stocks dependent on the consumer… Combine the flatlining in real disposable income: With the dwindling …

It looks like Broadcom ($AVGO) is already back for another fix. It really makes me wonder how there is enough savings in the world to do this, although the Treasury market is telling you there isn’t: Broadcom CDS Explodes As It Seeks Up To $100 Billion In Massive Off-Balance Sheet Debt Deal At any rate, …

* The markets, that is… From the ridiculous: Dr Frankenstein: Now that brain that you gave me, was it Hans Del Brooks? Igor: No. Dr. Frankenstein: Would you mind telling me whose brain I did put in? Igor: Abby someone. Dr. Franksenstein: Abby, who? Igor: Abby Normal – I am almost sure that was the name. Dr. Frankenstein: Are you saying I put …