Economic Trends

Economic Recession
Economic Trends
Elon Musk
Tesla
US Economy

Tesla Pauses Plants After Ending Shaky Quarter With a Production Milestone

(Bloomberg) — Tesla Inc. investors have a lot to parse after the July 4 holiday: a disappointing quarter of deliveries, a record month of production, and now several weeks of downtime at multiple plants. The electric-car maker will halt most production on its Model Y assembly line in Shanghai for the first two weeks of […]

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Cathie Wood
Economic Trends
Economy
Inflation

Cathie Wood Sees Huge Inventories as Evidence Inflation Will Ebb

(Bloomberg) — Cathie Wood says the massive inventories now held by US companies suggest that inflation will die down. “I’ve never seen inventory surges like this in my career and I’ve been around for a long time,” the head of Ark Investment Management said in an interview with Bloomberg Television Wednesday. “This inventory issue highlights […]

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Economic Recession
Economic Trends
Economy
Goldman Sachs
Oil

Goldman Says Oil Needs to Rally Further to Solve Market Deficit

(Bloomberg) — Oil prices are likely to extend gains as global crude stockpiles need to be rebuilt in the face of rebounding Chinese demand and reduced production from Russia, according to Goldman Sachs Group Inc. Brent crude will need to average $135 a barrel in the 12 months from July, up $10 from the bank’s […]

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Economic Collapse
Economic Recession
Economic Trends
US Economy

Goldman’s Waldron Warns of Unprecedented Economic Shocks, Echoing Dimon

(Bloomberg) — A top Goldman Sachs Group Inc. executive echoed Jamie Dimon’s pessimistic tone, warning of tougher times ahead amid a string of shocks rattling the global economy. “This is among — if not the most — complex, dynamic environments I’ve ever seen in my career,” Goldman President John Waldron said at an investor conference […]

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Economic Collapse
Economic Recession
Economic Trends
Stock Market
Stock Market Correction
Stock Market Crash

Jamie Dimon Says JPMorgan Is Bracing Itself for Economic ‘Hurricane’

(Bloomberg) — Jamie Dimon warned investors to prepare for an economic “hurricane” as the economy struggles against an unprecedented combination of challenges, including tightening monetary policy and Russia’s invasion of Ukraine. “That hurricane is right out there down the road coming our way,” the JPMorgan Chase & Co. chief executive officer said at a conference […]

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Economic Collapse
Economic Trends
Hedge Funds
Real Estate Crash
Stock Market Crash

Sequoia Capital Warns Founders After ‘Crucible Moment’

(Bloomberg) — Calling the current environment a “crucible moment,” Sequoia Capital warned that the good times are not only over, there’s no indication when they’ll return. In a Zoom call earlier this month with the founders of its approximately 250 portfolio companies, the venture firm reviewed a 50-page presentation titled “Adapting to Endure,” according to […]

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Economic Trends
InvestivDaily
Railroad Stocks
Transportation
Value Investing

CSX is down -17% this year. Has it reached useful value yet?

2022 has meant a lot of uncertainty in the marketplace so far. Inflation, rising interest rates and war are just the biggest headlines that have kept the markets on edge, and that seem likely to keep uncertainty relatively high as we start to move into summer. While everybody wants to keep the good times rolling […]

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Economic Trends
Economy
Recession
Social Media

Social Media Stocks Set to Erase $100 Billion on Snap Warning

(Bloomberg) — Social media stocks are on course to shed more than $100 billion in market value after Snap Inc.’s profit warning, adding to woes for the sector which is already reeling amid stalling user growth and rate-hike fears. Shares in digital ad-dependent Snap are set for a record one-day drop, down 32% in premarket […]

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Economic Collapse
Economic Trends
Retirement Fears
Stock Market Crash
Stock Market Risk

Cracks in US Economy Start to Show as Recession Warnings Mount

(Bloomberg) — The late Nobel Prize-winning economist Paul Samuelson once quipped that Wall Street had predicted nine out of the last five recessions. This time, the stock market may be right. The US economy is starting to show signs of strain under the weight of decades-high inflation and climbing interest rates — raising the risk […]

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Consumer Retail
Economic Collapse
Economic Trends
Recession

Target Plummets Most Since 1987 as Inflation Saps Margins

(Bloomberg) — Target Corp. is on pace for its worst stock drop since 1987’s Black Monday crash after becoming the second big retailer in two days to trim its profit forecast. A surge in costs during the first quarter shows little sign of easing, said Chief Executive Officer Brian Cornell. Operating profit will amount to […]

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Correction
Economic Trends
Stock Market Correction

$11 Trillion and Counting: Global Stock Slump May Not Be Over

(Bloomberg) — A mass exodus of money, an $11 trillion wipeout, and the worst losing streak for global stocks since the 2008 financial crisis. The bad news is that it may not be over yet. The selloff in the MSCI ACWI Index has dramatically lowered valuations of companies across the US and Europe, but strategists […]

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