💰Disney’s earnings slapped, proving that persistence wins the race in the long run. The streaming division is finally popping off and holding its weight.
💲Much like global sea levels, inflation is rising again, but it’s really nothing to worry about. Find out what’s driving the uptick and why you can ignore it below.
💸 Consumer spending remains strong according to BofA as consumers pivot from wasting money on themselves to wasting money on other people.
🥖 Our dawgs are eating, but our chefs are not. Uncle Sam needs you to get drunk and clog your arteries in service to your country. Find out why below.
🚗 The travel boom is still booming, but the “treat myself” boom has become more of a “cheap myself” boom. Find out what the means for the economy.
🫡 Like me from the JV basketball team, interest rates have been cut again. Markets loved the news and Powell’s comments—find out what he said below.
🦅 The only one who had a bigger reaction to Trump’s win than the mainstream media was the financial markets. Find out how traders are sizing up Trump Round 2.
🍌 Stock markets don’t care who’s in the Oval Office. History shows politics rarely influence long-term market returns. So keep your portfolio moves focused on profits, not politicians—Thanksgiving dinners can handle the politics.
🧓 Warren Buffett’s Berkshire Hathaway just reported earnings. The numbers weren’t great, but the old boy still got it and is now even richer than the Fed.
💼 October’s jobs report made the United States look like Europe. Strikes, hurricanes, and big-time revisions dominated last month’s report.
🍎Apple—the world’s most valuable company—just reported record earnings. We’ll break down the rest of Big Tech next week, but check out the King of Cupertino below.
🏈 We just got the latest data on U.S. GDP. Growth is down, but spirits (and prices) are up. Find out what’s driving the gains and pains below.
