What The Big Banking Divergence Tells Us [Seeking Alpha]
McCormick & Company, Incorporated (MKC)
Last mccormick & company, incorporated earnings: 3/31 06:30 am
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=65454&p=irol-irhome
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Source: Seeking Alpha
Summary There's been no shortage of articles describing how badly the financial stocks are performing lately. The most-watched ETF for the sector, the Financial Select Sector SPDR ETF ( XLF ) managed to decline 13 consecutive trading days during the month of June. That's pretty remarkable. More generally, it's no secret why the financial stocks have been struggling. Since Trump was elected, the sector had been on fire. Trump was supposed to bring the long-awaited reflation trade to fruition. And in 2017, it appeared to be working. Inflation was starting to tick upward, and interest rates moved sharply higher. This year, however, the mechanism has broken down. While the Fed has continued to hike the short end of rates, and Powell is promising significant further action on this front, the long-end of the interest rate curve has stopped going up. In fact, the benchmark 2-year 10-year yield curve spread is approaching zero: This spread most recently peaked at 2
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News
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- Cognizant (CTSH) Boosts Retail Sector With Latest Partnership [Yahoo! Finance]Yahoo! Finance
- Global Vanilla Market Size To Worth USD 1.64 Billion By 2033 | CAGR of 4.86% [Yahoo! Finance]Yahoo! Finance
MKC
Earnings
- 3/26/24 - Beat
MKC
Sec Filings
- 4/9/24 - Form 4
- 4/9/24 - Form 4
- 4/3/24 - Form 4
- MKC's page on the SEC website