The S&P had its best January since 2019.
McDonald's is experiencing lots of growth in these uncertain economic times because demand for cult classics like
the McRib and new additions like the Adult Happy Meal have helped keep prices low and customers happy. McDonalds lowered prices last year by 5%, while competitors like Taco Bell and Chick-fil-A rose prices by 15%. Wendy's had a dramatic spike in overall menu prices raising the average cost by 35%,
Gas demand is high, and Exxon is reaping the benefits. The American Oil giant broke western records with $56B profits last year.
Pickleball is the sport that is quickly becoming America’s new favorite pastime. Disney-owned ESPN is taking notice and just struck a deal where 200+ hours of live coverage will be done by ESPN of the Association of Pickleball
Professionals.
The Nasdaq and the S&P 500 is on the uptick having the best week in months. This is coming because of the positive earnings reports from major tech companies and
cooling inflation.
Investors and the Fed alike are hoping for a soft economic landing that avoids a serious recession. It is looking good now with the Labor market cooling, inflation
ticking down, and overall spending remaining constant. However, with more major
layoffs coming from IBM and Hasbro this week, only time will tell if the balancing act of slowing job growth while keeping people spending money at reasonable rates will be achieved.
Ad revenues make up
80% of Google’s rand 98% of Meta’s revenue Both companies are reporting their earnings this week at a time that could not be worse. A DOJ lawsuit threatens to break up Google's ad business and Meta's cash cow on Facebook keeps losing attention to TikTok.
The RxPass launched by Amazon gives people the option to subscribe to Amazon Prime and get a flat rate for over 80 medications has worried many other pharmacy-based
businesses. for obvious reasons. we will know more in the next few weeks about how much of a success RxPass will be.
Movie theaters are looking towards Horror flicks for financial safety.
A recent horror film by Universal Studios called M3gan raked in $130 million at the box office and this
has been a trend as of late. Why are we becoming more obsessed with horror flicks? I am sure the answer has something to do with a decaying concern for the spiritual. You are always worshipping either the Devil or God, there is never any middle ground.
Our weekly dose of the market is all fear and abstract and has no substance. Tech companies have been laying off workers left and right, the industry is being threatened by lawsuits that will destroy the main revenue stream of ad clicks, and lackluster earnings results have sent the techy Nasdaq...up?!...the uptick is because investors are being emotionally swayed by the Fed reducing rate hikes.
The ETF makes up about half of owned US fund assets. This means something that does not give its owner voting rights and is designed to be completely passive is where most people have their money stored when
investing in the market.
General Mike Minihan, head of Air Mobility Command thinks the US will go to war with China in 2025. He and others think the year 2025 because that is an election year for both the US and Taiwan and gives CCP pres. Xi Jinping ripe conditions
for an attack on Taiwan.
Adani Group, the conglomerate owned by India Billionaire Gautam Adani was the target of a Hindenburg report that accused it of fraud and other illegal financial activity. The report caused a $50 billion dollar market
wipeout for Adani. Adani of course denies the claims, and instead accused Hidenburg of committing fraud since they were a major profiter from short-selling Adania Group. It is all just manipulation by giant players at this point because no one person has the means to discern the validity of claims by either side.
