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Stocks

“JPMorgan predicts a grim outlook for the stock market next year”

“…Dubravko Lakos-Bujas, the chief global equity strategist at JPMorgan, said in a recent analyst note that slowing economic growth, the rapid depletion of household savings and ongoing geopolitical turmoil could trigger a steep decline in the S&P 500 over the course of… Continue Reading…

Business, Economy

Book: “The Great Awakening: Defeating the Globalists and Launching the Next Great Renaissance”

“…The expression “Get woke, go broke” has entered the common lexicon as we’ve seen company after company invoke the false gods of diversity, equity, and inclusion to their financial demise. But this surface discussion masks a much darker truth. What… Continue Reading…

Stocks

[Prediction?] ” Companies Will Propel Profit More Than 100% Next Year: Analysts”

“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…

Business

“Southwest Airlines quarterly profit slides 30% and says growth will slow next year”

“Southwest Airlines’ third-quarter profit fell 30% to $193 million despite record revenue as leisure travel boomed over the summer, and the airline is losing pricing power at the same time that labor costs are rising. Southwest said Thursday that it… Continue Reading…

Economy

“Americans will run out of pandemic savings next month, Fed warns”

“…Research by economists at the Federal Reserve Bank of San Francisco found Covid-related savings in the US had fallen to less than $190bn (£149bn) in June. This was down from $2.1 trillion at its peak in August 2021, which was… Continue Reading…

Business

“Boycotts hit stocks hard. Here’s what might be next for Bud, Target and others caught in the anti-Pride backlash”

“One by one, companies have come under an expanding attack. Anheuser-Busch,Target, Kohl’s and VF Corp.’s North Face brand have all felt the vitriol of this latest push from the right. And the list keeps growing. These companies have been branded as “woke capitalists” — and… Continue Reading…

Banking, Economy

“Federal Reserve expected to raise interest rates 0.25%, investors debate next steps”

“The Federal Reserve will kick off its latest two-day policy meeting on Tuesday with officials expected to announce a 0.25% increase in its benchmark interest rate on Wednesday, a move many believe could be the final rate hike of the… Continue Reading…

Economy

“Morgan Stanley expects the S&P 500 to plunge another 17%-27% within the next four months — use these 3 top recession-resistant stocks for protection”

“…“Our ’22/’23/’24 base case estimates are now 3%/13%/14% below consensus, respectively,” a team of Morgan Stanley analysts led by Mike Wilson write in a recent note to investors. “In our base case, 2023 now marks a modest earnings contraction (-3%… Continue Reading…

Business, Economy

“How ‘quiet quitting’ became the next phase of the Great Resignation”

“The trend of employees choosing to not go above and beyond their jobs in ways that include refusing to answer emails during evenings or weekends, or skipping extra assignments that fall outside their core duties, is catching on, especially among… Continue Reading…

Economy

“California Will Ban Gas-Powered Vehicles By 2035. Who’s Next?”

“EDITOR’S NOTE: California is looking to ban all gas-powered vehicles by 2035. Such a massive level of adoption being a tall or seemingly impossible order, the California Air Resources Board voted today to make official the legislation. Let’s set the clean versus… Continue Reading…