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Market Preview Week Of Jan 3-6
Reading Time: 3 minutesThe stock market is closed on Monday January 2, 2023 in observance of New Years. TESLA DELIVERIES: The first thing on everybody’s radar for the new year will be Tesla (TSLA) 4Q deliveries out Monday. The estimate – according to…
Looking Under The Hood Of The AIG Bailout
Reading Time: 7 minutesYesterday, amidst massive political and public opinion pressure, AIG revealed the counterparties they had paid out money to since receiving bailout money from the US government (AIG Press Release). The payouts are as follows: $22.4 billion for collateral postings under…
Looking Ahead: Jobs Report, CPI And The Fed
Reading Time: 5 minutesI have been writing a lot about individual stocks in recent weeks but for the next few weeks macro will take center stage leading up to the Fed Decision on Wednesday March 22. As you can see in the chart…
CPI Report Puts Inflation Front And Center This Morning
Reading Time: 1 minuteThe January CPI came in up .4% compared to last month while the core CPI was up .3% (January 2008 CPI Report) – each .1% above Wall Street expectations. Combined with oil’s surge to $100 yesterday, this has put inflation front…
How To Navigate A Bubble II
Reading Time: 7 minutesIt’s been two weeks now since I wrote “How To Navigate A Bubble”. Since then, the S&P has tacked on another 50 points – from 6,664 to 6,715. Market timing is notoriously difficult. So difficult, in fact, that many of…
Bed, Bath & Beyond Cuts First Quarter Outlook; Federal Trade Commission Seeks To Block Whole Foods/Wild Oats Market Merger
Reading Time: 6 minutesIn other news from today, home furnishings retailer Bed, Bath & Beyond (BBBY), an $11 billion, S&P 500 company lowered its outlook for its 1st quarter ended Saturday June 2. It expects to earn between 36 and 38 cents per…
