Highlights

Cit downgrades Starbucks after 90% rally ‘Upside from here is limited’

KEY POINTS Cit lowers its rating on shares of Starbucks to neutral from overweight. Price performance following F3Q19 results has exceeded our expectations, analyst John Ivankoe says. Cit lowered its rating on shares of Starbucks to neutral

Cit and other major analysts love Facebook as it heads into earnings after the bell

KEY POINTS We see potential for upside to our above consensus numbers, as our field checks point to steady performance on Facebook, and continued outsized growth on Instagram and Stories, Cit said. Our best idea into earnings, we believe 2Q

Chances of a September Fed rate cut increase

KEY POINTS 1、The fed funds futures market now points to a 74% chance of at least a quarter-point rate cut at the Feds September meeting, according to CME FedWatch tool. 2、Traders are also pricing in two more cuts to the benchmark lendin

For economists and investors, the globe hasn’t been this confusing in at least three decades

Uncertainty is the enemy of the business cycle