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Still Hiring Away
December 08, 2023 | After inflation being top of mind for a year and a half, Wall Street’s focus is reverting to pre-Covid norms. That is, jobs reports are once again front and center on investors’ minds, especially since many analysts are calling for the Fed to dramatically cut interest rates next year — a tactic historically reserved for recessions.
Peak Exuberance
December 07, 2023 | There are “no longer any bears left.” That’s from Goldman Sachs managing director Scott Rubner, commenting on how enthusiasm around expected Fed rate cuts has driven markets higher in recent weeks.
Down to Business
December 06, 2023 | World leaders from more than 190 countries have gathered at the United Nations climate summit in Dubai this week. There’s a lot at stake after the hottest summer on record, per NASA.
Financial Time Bomb
December 05, 2023 | Taxes are boring, but what if we told you about a Supreme Court case that could “effectively eliminate a third of the tax code?” That quote is from former Speaker of the House Paul Ryan, and he’s actually not exaggerating.
In da Club
December 04, 2023 | Oh, we see you, gold.
The Next Chipotle?
December 03, 2023 | Earlier this year, Cava became the first restaurant company to go public since Sweetgreen in 2021, with a roughly $4.7 billion valuation in June. That raised one big question: Could Cava follow in Chipotle’s footsteps?
Same As Ever
December 02, 2023 | Today, we’re unveiling our fancy new and improved Saturday edition — a curation of the best podcasts, charts, articles, and ideas we’ve encountered each week.
Bonds Are SO Back
December 01, 2023 | At long last, the bond market is in the driver’s seat.
Blackmail Me
November 30, 2023 | Are banks in trouble? Depends on who you ask and which banks you’re talking about.
