Inflation Is Yesterday’s Problem
Although U.S. inflation closed at its fastest rise in four decades, we are in the beginning of stages of a downward trend. The Labor Department reported Wednesday that inflation had … 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
TerraUSD Triggers Crypto Tantrum
TerraUSD, a “stablecoin” with its value pegged (ha ha) to that of the U.S. dollar, is trading in uncharted territory. Stablecoins are meant to trade relative to the U.S. dollar, … Read More
The Housing Market is Flatlining
In one of the most epic bull runs in the history of the universe, the housing market is finally giving credence to the age old adage of “what goes up, … Read More
Europe Hastens for Energy Thanks to Russia
In their efforts to curb their reliance on Russian energy, Europe is absolutely loading up on non-Russian oil & natural gas ahead of tighter sanctions they will impose upon the … 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
U.S. Economic Shrinkage (1.4% To Be Exact)
“I WAS IN THE POOOOOOL!” Real GDP shrank 1.4% in the first quarter of 2022, according to the advance estimate from the Bureau of Economic Analysis. This shows a stark … Read More