It is the 20th of September 2019

News

Chris Whalen: "Glad I Am On A George Soros-Funded Blacklist Of Journalists"

At the end of his note today (via TheInstitutionalRiskAnalyst.com), Chris Whalen dropped the following bombshell...

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GE Options Are Pricing In Massive Dividend Cuts

GE shares are languishing at more than four year lows (as the broader market soars to record highs) and GE credit risk stands at 8 month highs (almost dopuble the post-crisis lows hit in June). As Goldman analyst Joe Ritchie warns, a significant earnings per share/free cash flow reset looms and the prospect of a dividend cut is dragging the stocks lower.

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