The Traderszone Network

Wal-Mart and Amazon are swallowing up other retail stores’ businesses. AMZN growth has been priced in I think.

Reminding us of what McKinsey reported over a year ago, namely that the world never deleveraged after the financial crisis, Citi’s Hans Lorenzen released a fascinating presentation today discussing the “invincible” stock rally, and pointing out its Achilles heel, which happens to be the thing that made it possible in the first place: central banks.

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I had my bank sent out a wire to IB this morning. The money got deducted from bank around 3PM EST. I don’t see the funds in my IB account yet. Bank says they sent it already. IB says it hasn’t received them. Did anyone else have a similar experience?

Ford Motor Company (NYSE: F) said its sales in Europe rose 6% in May, on strong demand for its small and midsize crossover SUV models.

Ford sold about 118,000 vehicles last month in the 20 Western and Central European markets (the “Euro 20”) that it considers its core market in the Old World. That’s up 5.8% from a year ago. But it lagged the overall market’s 7.6% advance, meaning Ford’s market share fell 0.1 percentage point from a year ago, to 7.4%.

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The mobility-tech arm of British luxury-vehicle maker Jaguar Land Rover (JLR) said it has invested $25 million in ride-hailing company Lyft. JLR and Lyft will partner on a series of ventures, including JLR’s autonomous-vehicle development effort.  

The announcement was made by JLR’s “mobility services” business, called InMotion Ventures. InMotion said its $25 million investment will “support Lyft’s expansion and technology plans,” while giving JLR an opportunity to test its self-driving vehicles in the Lyft service. 

Image source: Jaguar Land Rover

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President Donald Trump called the House-approved health-care bill “mean” and told a group of Republican senators that their bill should be “more generous,” according to reports Tuesday.
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Real estate stock jumps 11 percent after beating earnings; Dow, S&P 500 hit record highs
Jun 13, 2017, 2:27pm MST

Mike SunnucksSenior ReporterPhoenix Business Journal
BIZSPACESPOTLIGHT…

CVCO