GOOG/GOOGL MSFT: Mediocre

GOOG/GOOGL MSFT: Mediocre

Google (GOOG/GOOGL) and Microsoft (MSFT) were the first of The Big 5 to report 2Q22 earnings Tuesday afternoon – and their reports can best be characterized as mediocre. Let’s start with GOOG/GOOGL. Core Advertising Revenues grew only 12% – compared…

What Do You Say, Jay?

What Do You Say, Jay?

Fed Chair Jay Powell finds himself in a bit of a bind ahead of Wednesday’s Fed Decision and press conference. On the one hand, he faces a crashing stock market; on the other, raging inflation. The tone he strikes in…