An independent #FederalReserve is critical to the well-being of the US #economy. Having said that, it is getting harder to justify such independence when four big operational errors (of analysis, forecasts, actions and communication) are accompanied by a lack of accountability.
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Lots to like in Bob Pisani's new book-- Shut Up and Keep Talking
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Walmart $WMT, Amazon $AMZN, Apple $AAPL, and Exxon Mobil $XOM are projected to make at least $1 billion per day in sales next year. Walmart and Amazon are both projected to have right around $600 billion in sales next year, or $1.64 billion per day. https://t.co/tSQ6zbGlrE
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“It was just a great experience across the board,” Film and Television Producer @BRUCKHEIMERJB says on working with Tom Cruise in 'Top Gun: Maverick'. “He’s a much better producer than I’ll ever be.” https://t.co/xkXDNMglUU
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“💯% probability of a [US] recession:” Quite a statement from the Bloomberg economic modeling team. If indeed valid, the implications would extend well beyond the #economy, encompassing also financial, political, social and institutional credibility issues in the US and beyond. https://t.co/bWDYzq5Zuh
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I say good morning to my cats… I make the most bangin' latte… seriously. And then I reflect and contemplate, what kind of trader do I want to be today? — @jackdan_no7 (on his morning routine) #tisummit
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Walmart CTO: 'Crypto will become an important part of how customers transact’ https://t.co/oJg7xptQyM by @AkikoFujita https://t.co/U0D4kqoUZC
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Here’s stand alone $spx weekly chart. Look at both yellow shaded areas. Perhaps we get the Wilson bear market bounce. Here’s some points of references to use If U trade. https://t.co/0ydNpjUxag
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U.S. stocks closed sharply higher Monday as quarterly corporate earnings picked up steam. The Dow Jones Industrial Average gained about 550 points, or 1.9%, ending near 30,188: https://t.co/MPQWykpHng https://t.co/YzrJfURgVn
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To all $GTII bagholders, remember I warned you that promoters were selling, it's legit the same https://t.co/46W8tDSDIj pattern over & over & over...read https://t.co/QTYT7tytOA to see what happens when you believe promoters, welcome to why I teach. Watch https://t.co/KhqHFIe64c
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Economist @Nouriel: 'In some sense, World War III has already started' https://t.co/d1veGudMdm by @benwerschkul
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The markets are closed! 🔔 Here were today's top stories! 👇 ✧ Stocks rebound as U.K. reverses course on tax cuts ✦ $CANO plummets 40% on rumors that CVS is walking away ✧ $RBLX jumps on strong September metrics ✦ $BAC & $BK beat, while $SCHW misses https://t.co/V3QP4mXxSE https://t.co/gMxle1OD3d
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Here's a look at the S&P's smoothed out 200-DMA that gets rid of the day-to-day noise. https://t.co/H4p1RcpNxV https://t.co/N1bu5g2bc1
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