Numbers By Barron’s is a two-minute financial podcast with three vital numbers to start your morning. Available on iTunes, Stitcher, and wherever you get your podcasts-as well as on your Amazon Alexa smart speaker
Three numbers to start your day:
“Death cross” sounds ominous, right?
It’s just a description of a chart pattern that occurs when a stock’s short term moving average crosses below its long term moving average — and both are declining.
Some view a death cross as a signal that a downturn is coming — basically a signal to get out of the market — And there have been a lot of those lately. Yet, the bull market is still kicking, and stocks are rising.
AT&T
The telecom giant takes the cake for the most indebted non-financial company in the US… making both stock and bondholders a little nervous.
So why was did the company’s stock rally 2% Friday?
Management responded to concerns about the company’s debt by assuring analysts that AT&T would use its free cash flow to pay it down. What is good for bondholders is good for stockholders, too.
-in average full-time labor earnings. That’s according to a new report from the Federal Reserve. The same decline generally applies to women.
So don’t blame wanderlust and avocado toast for a broke generation.
Millennials are cash poor because many of them came of age in a recession. Plus, they are being paid less in inflation-adjusted terms than previous generations.
Numbers by Barron’s is a new daily podcast. Find out more here.
This episode was hosted by Crystal Kim.
Write to Crystal KIm at crystal.kim@barrons.com
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
