February 12, 2024
https://www.wsj.com/business/autos/ford-could-get-50-more-profit-without-evs-553ba3c9 The article is behind a paywall so I’ll just make a few comments. EV’s are garbage. Ford should take a hint and listen to it’s customers. They don’t want EV’s. It’s amazing how Ford could make so much more… Continue Reading…
January 31, 2024
“…There are a few reasons for this, but the most evident and potent is related to evolving supply and demand dynamics and historical patterns. History doesn’t always repeat itself, but it often rhymes. And if something similar to years past… Continue Reading…
January 23, 2024
“…The Dow Jones Industrial Average climbed 138.01 points, or 0.36%, to finish at 38,001.81. Monday’s gains pushed the blue-chip average to a new record and above the 38,000 level for the first time. The S&P 500 added 0.22% to 4,850.43, also reaching a fresh… Continue Reading…
January 19, 2024
“Bank of America is out with its fourth-quarter earnings this morning. The bank said earnings would have been better if not for the one-time items. The drop in earnings is largely because of one-time items that investors already expected…” https://finance.yahoo.com/m/2299c302-d37c-3fa6-84cd-85f2e719c1e6/bank-of-america-profit-s-fell.html… Continue Reading…
January 17, 2024
“…The December Consumer Price Index (CPI) showed pricesticked up slightly at 0.3% over last month, an increase from the 0.2% seen in November. Prices rose 3.4% over the prior year, an increase from the3.1% increase seen the month prior… When removing… Continue Reading…
January 4, 2024
https://www.wsj.com/business/media/americans-are-canceling-more-of-their-streaming-services-fb9284c8 This article is behind a paywall so I will just say a few things. Times are tough so of course folks are going to cut spending. Entertainment is one of the first things to be on the chopping block.… Continue Reading…
December 19, 2023
“The “American Dream” costs about $3.4 million to achieve over the course of a lifetime, from getting married to saving for retirement, according to a recent analysis from financial site Investopedia. Meanwhile, median lifetime earnings for the typical U.S. worker stand at $1.7… Continue Reading…
December 18, 2023
“News media outlets have done away with nearly 2,700 jobs so far in 2023, the most since 2020, according to a new study. Data from outplacement firm Challenger, Gray and Christmas found media companies overall have made 20,324 cuts so far in… Continue Reading…
November 28, 2023
“Seven companies, including health care play Merck (MRK), industrial Stanley Black & Decker (SWK) and Estee Lauder (EL), are poised to post 2024 adjusted earnings per share that’s 100% or more higher than this year’s, says an Investor’s Business Daily analysis of data from S&P Global… Continue Reading…
November 15, 2023
“…The S&P 500 climbed 1.9%, while the Nasdaq Composite popped about 2.4% higher. It was the best day since April for both indexes. The 30-stock Dow added nearly 490 points, or 1.4%. These gains came after October’s consumer price index, a key inflation metric, came in lower… Continue Reading…
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