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Powell’s Comments Backfire
November 02, 2023 | Jerome Powell subbed in a new word to describe the economy’s growth rate, calling it “strong,” which is, apparently, an improvement from “solid” — the word he used last time around.
WeWork, WeFailed
November 01, 2023 | The days of WeWork might be numbered after a Wall Street Journal report this week signaled the end for the coworking spaces provider.
Gloomy Earnings
October 31, 2023 | We’ve talked about this a few times recently, particularly for Big Tech companies, but investors haven’t loved this quarter’s corporate earnings reporting season, nor have business execs been particularly excited, either, despite solid results.
Tricks for Treats
October 30, 2023 | On Friday, the S&P 500 officially hit correction territory, down 10% from its July peak for the year and about 14% from the January 2022 all-time high.
Pixar’s $4 Billion Lunch
October 29, 2023 | Big ideas tend to start on the back of napkins. For Pixar, perhaps the most monumental moment was when Pixar creators were wrapping up “Toy Story.”
How Walmart is Winning
October 28, 2023 | While U.S. inflation shows signs of moderation, the grocery store remains a source of financial strain for many Americans. Supermarket prices have surged at a pace not seen in decades, making everyday essentials like eggs and bread unaffordable for some.
Snow Business
October 27, 2023 | Snow-dependent communities are being impacted by climate change, specifically warmer winters that feature less snow & freezing temperatures.
Amateur Investors > Pros
October 26, 2023 | Who said amateur investors can’t beat the market over the long haul? Get this: The average stock portfolio of individual investors has beaten the S&P 500 since 2014.
Corporate Retreat
October 25, 2023 | International companies have had enough from Hong Kong. Over the last few years, firms have trickled out of Hong Kong, mostly around concerns that the financial hub has tightened ties to mainland China.
Drumbeat of Skepticism
August 5, 2024 | Woah — we all need a breather. How quickly the tides turned. In a matter of a few weeks, the narrative on Wall Street has shifted from soft landing to all-out panic.
Charlie Munger’s Predicament
August 4, 2024 | At 31, Charlie Munger found himself at a devastating low point. Each personal tragedy alone could break a spirit, but Munger refused to succumb to despair.
Correction Territory
August 2, 2024 | Folks, the unemployment rate is ticking up — it just hit its highest level since the fall of 2021. Broadly, the U.S. job market showed significant signs of cooling.
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