Rabobank: Biden's Dire Rating On His Handling Of The Economy Is Remarkable [zero hedge]
Newmont Corporation (NEM)
Last newmont corporation earnings: 2/20 06:55 am
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Source: zero hedge
Rabobank: Biden's Dire Rating On His Handling Of The Economy Is Remarkable By Benjamin Picton, senior strategist at Rabobank The S Word Last week the data caught up with the public mood. Annualized US GDP for Q1 was +1.6%, well below the 2.5% consensus estimate and even below the most pessimistic estimate of +1.7% in the Bloomberg survey. Meanwhile, core PCE printed at 3.7%. Well up on the Q4 print of 2% and substantially above the consensus estimate of 3.4%. Lower growth and higher inflation has sparked conjecture that the United States is headed for – if not already experiencing – the S word: stagflation . The data generated plenty of excitement amongst the commentariat along those lines last week, but on Main Street the news that the economy is slowing - but prices aren’t – appears to have come as no surprise. The latest CNN poll puts Donald Trump six points clear of Joe Biden at 49-43, but the most telling result in the poll is respondent’s perceptions of Biden’s handling of the e
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News
- Newmont Co. (NYSE: NEM) had its price target lowered by analysts at Sanford C. Bernstein from $46.00 to $45.00. They now have a "market perform" rating on the stock.MarketBeat
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NEM
Earnings
- 4/25/24 - Beat
NEM
Sec Filings
- 5/8/24 - Form 3
- 5/2/24 - Form 4
- 4/30/24 - Form 4
- NEM's page on the SEC website