It’s too early to announce the Goldilocks environment, even if the major asset classes at least point to a better opportunity for it. S&P 500 SPX Index Gained 5% this year, the high-tech Nasdaq Composite COMP It rose 8%, even with a seemingly daily influx of job cut announcements. Stay tuned on Thursday for a … Read more
New York CNN – Just this week, Alphabet, Google’s parent company, Microsoft (MSFT) Vox Media announced layoffs Affecting more than 22,000 workers. Their moves follow the job cuts earlier this month At Amazon, Goldman Sachs, and Salesforce. It is expected that more companies will do the same as those that have hired aggressively over the … Read more
New York CNN – There is a season for everything and now is the time to earn. Over the past few weeks, investors have focused squarely on inflation and Fed policy, but now market reactions are larger for earnings (especially losses) and smaller for economic data. what happens: “We expect earnings to take center stage … Read more
font size Tesla cut the prices of some of its vehicles by as much as 20% last week as inventory piled up and order prices plummeted. Brandon Bell/Getty Images High intergenerational inflation It was the story of 2022. This will not be the story of 2023. The bogeyman of negating inflation — and even some … Read more
CNN – Just days after suffering a stunning cardiac arrest on the field, Buffalo Bills safety Demar Hamlin said on Instagram that he was grateful for the love he had received and asked for continued prayers for a “long road” ahead. “When you put true love out into the world, it comes back to you … Read more
