$250,000 is the new $50,000
CPI data is set to release on Friday where investors are expecting an 8.3% report vs. an 8.3% previous report. Inflation is starting to hit almost every sector across the … Read More
Author: Glizzy
Costcogate
You’ve heard of Pizzagate, Qanon, fake birds, and fake spambots on Twitter but today marks a historic event as a fintwit icon from Gary Indiana was able to fool the … Read More
We’re Getting Laid! (off)
Even with the markets being up on Tuesday, it wasn’t enough to save the streaming service (obviously). Netflix announced that it would be cutting 150 jobs due to a slowdown … Read More
Asset Class Catastrophe
Inflation defeats cash, so buy stocks. Stocks are losing so buy bonds? Bonds are down so buy crypto? Well, crypto is decentralized and unregulated. It is the future, as they … Read More
From Bedroom to Backcountry
Peloton shares fell 25% early Tuesday morning after the company posted a huge loss and poor outlook for the fourth quarter. Shares fell below 10$ briefly in the premarket trading … Read More
Fed Up (1% & 3%)
“With appropriate firming in the stance of monetary policy, the Committee expects inflation to return to its 2 percent objective and the labor market to remain strong…In support of these … Read More
Old Dogs, Old Tricks
Over the weekend, legendary investors Warren Buffet & Charlie Munger hosted the Berkshire Hathway earnings. Many companies have reported inline or below expectations for Q1 as supply chain bottlenecks, rising … Read More
Double-A Rating
A volatile week in the market was fueled by mixed reports from large tech giants that reported their earnings this week. As expected, Netflix missed (shocker), Google missed (actual shocker), … Read More
Netflix & No Chill
This will be my second time covering Netflix after an earnings report and not much has changed. In the last post, I discussed the potential safety investor Bill Ackman granted … Read More