🫡 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.
🏠 I wish my mood was more like home prices—nonstop on the rise. Homeowners love it, but for home buyers—and builders too—it’s a problem.
🚀 Yields are on the rise, and I’m so scared I’m about to call my mom. This can only mean a few things, and you’re not gonna like what they are.
🎲 The great American pastime of gambling can now be done on the great American tradition of violently heated elections. This is gonna be a fun week.
💸🔥 Slim Shady said “Guess Who’s Back?” in Q3 with a new album, and so did private equity. Deals are so hot you might be able to take off that Patagonia vest.
🏠🧊Beer and revenge are best served cold, but the housing market is not. Find out why America’s most important asset class is at its coldest in nearly 30yrs.