I was on The Compound & Friends with @stevesosnick.bsky.social and @michaelbatnick.bsky.social! We talked about the software bloodbath, the opportunity in international stocks, what to expect from earnings season, the decline in rate-cut expectations, and more! Check it out! youtu.be/aoZNIh92XEQ?...
I was on The Compound & Friends with @stevesosnick.bsky.social and @michaelbatnick.bsky.social! We talked about the software bloodbath, the opportunity in international stocks, what to expect from earnings season, the decline in rate-cut expectations, and more! Check it out! youtu.be/aoZNIh92XEQ?...
Consumer sentiment falls to a record low. UMich: "Demographic groups across age, income, and political party all posted setbacks in sentiment, as did every component of the index, reflecting the widespread nature of this month’s fall."
🎢
“I think I’m gonna call you out Markets Minister…” youtu.be/ffm3C7otXmU?...
Investing in another country's stock market isn't about investing in their economy 🌍 www.tker.co/p/global-mar...
“Bastian said the airline isn’t walking back its full-year forecast but isn’t updating it either because of uncertainty of fuel prices.”
Excited to read! @planetmoney.bsky.social @marychilds.bsky.social
@hmeisler.bsky.social I'm not on the distro list for UBS GWM notes. As far as I know, UBS Securities' target is unchanged at 7,500
"US luxury spending was up 12% year-over-year (YoY) through March 21" - BofA card spending data institute.bankofamerica.com
Trump: “A whole civilization will die tonight, never to be brought back again. I don’t want that to happen, but it probably will”
🛤️Miles of railroad track built per year in the U.S. (HT Morgan Stanley) fred.stlouisfed.org/series/A02F2...
🚨🚨I was on Full Disclosure w/ Roben Farzad. Talked about a lot of stuff including how I got into markets writing, why I went independent, and the time I looked in the mirror and thought I was dying. Get it where you get podcasts! youtu.be/y-VQ8Fm3JfM?...
"...the United States remains the world’s best investment destination, particularly when things are going badly." - Jamie Dimon www.jpmorganchase.com/ir/annual-re...
Amazon is adding a 3.5% "fuel and logistics-related surcharge" to fees it collects from third-party sellers who use its fulfillment services, as the war in Iran drives up oil prices.
Experiences like that renew my appreciation for whatever good health I have and the limited time I’ll have with it. I become more productive with my time, less wasteful with whatever I have, and less concerned with things outside of my control…
🚨🚨I was on Full Disclosure w/ Roben Farzad. Talked about a lot of stuff including how I got into markets writing, why I went independent, and the time I looked in the mirror and thought I was dying. Get it where you get podcasts! youtu.be/y-VQ8Fm3JfM?...
"Business activity declines amid higher inflation and war in the Middle East ... Employment down amid weakest rise in new work for nearly two years" - S&P US Services PMI
"The national average for a gallon of regular exceeded $4/gallon this week for the first time since August 2022. Today’s average of $4.08 is ten cents higher than last week and $1.08 higher than a month ago." - AAA
💳BofA: "Total card spending was up 4.7% y/y in the week ending Mar 28 while total card ex gas spending continues to be steady at a solid 3.7% y/y"
Since Liberation Day, a year ago today:
* US foreign direct investment is lower
* US factories employ 89,000 fewer people
* US goods trade deficit is UP 2%
@npr.org
www.npr.org/2026/04/02/n...
“Airline transactions moderated in late March” - BofA institute1.bofa.com/C/?q=LLiWQ9Y...
📉KKR: "We lower our 2026 year-end target to 7,300 from 7,600 and reduce our 2026 EPS growth forecast to 8% from 11%, reflecting softer demand and higher operating costs in a $90-100 WTI environment."
Let's talk about how stock prices and earnings estimates are diverging 🔀 www.tker.co/p/stock-pric...
RH earnings: "...net revenues were negatively impacted by approximately $30M due to higher than expected backorder and special order balances as a result of tariff related resourcing..." d1io3yog0oux5.cloudfront.net/_20d9e8b58d2...
“...the environment around us has become increasingly dynamic, and we could experience unplanned volatility due to the disruption in the Middle East, rising oil prices and other factors that could impact either input costs or consumer behavior” -Nike CFO www.cnbc.com/2026/03/31/n...
Retail sales +0.6% in February
+3.0% dept stores
+2.3% health, personal care
+2.0% clothes
+1.3% sporting, hobby, music, books
+1.2% cars, parts
+0.9% gas stations
+0.7% online
+0.5% electronics
+0.4% restaurants, bars
+0.4% building mats, garden
-1.0% grocery
-1.0% furniture
