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Rate Cuts Incoming
December 13, 2023 | Jerome Powell and Co. indicated that three rate cuts are coming in 2024, which was well received by global markets.
Core Focus
December 12, 2023 | Happy CPI day. That’s right, new inflation data is out, and we wouldn’t be worth the keyboards we type this on if we didn’t report on it.
Fed Talk
December 11, 2023 | Risk on? Risk on.
‘Tis the Season
December 10, 2023 | ‘Tis the season to spend, spend, and spend away.
The Price of Everything
December 09, 2023 | Believe it or not, the cost of taking a shower can vary dramatically worldwide. Denmark takes the cake as the most expensive place to shower, with the estimated cost of a year’s worth of showers eclipsing $800.
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.
Exposing Corporate Misconduct
June 30, 2024 | When Edwin Dorsey published a deep dive about The Joint Corp., a nationwide network of chiropractors, the company was valued at $1.39 billion. Its shares had recently run up about 3,500%, trading at roughly 80x profit.
Giving Spree
June 28, 2024 | Warren Buffett, who turns 94 in August, has made his largest annual charitable donation to date. Read on for a preview of Warren Buffett’s will.
Cash Trap
June 26, 2024 | Even as the stock market has soared through the first six months of 2024, some Americans aren’t in any hurry to move their cash. Some investors have 25% or even 50% of their assets in Treasury bills and money-market funds, per The Wall Street Journal.
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