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The fate of the economy hinges on the August jobs data
Sep 03, 2024

The fate of the economy hinges on the August jobs data

The Fed will use the latest batch of jobs numbers to determine whether to initiate a jumbo-sized rate cut.

Phil Rosen
The government says consumers keep spending. Dollar General says otherwise.
Aug 30, 2024

The government says consumers keep spending. Dollar General says otherwise.

GDP data was revised higher while shares of the budget retailer tanked as it forecasted a bleak economic outlook.

Phil Rosen
Nvidia smashed earnings. Wall Street still wasn't satisfied.
Aug 29, 2024

Nvidia smashed earnings. Wall Street still wasn't satisfied.

The chip giant beat revenue and earnings estimates but the stock still tumbled in overnight trading

Phil Rosen
Nvidia is the most important stock in the world. Shareholders can thank ChatGPT.
Aug 28, 2024

Nvidia is the most important stock in the world. Shareholders can thank ChatGPT.

The AI giant's success took an astronomical turn with the launch of OpenAI's buzzy tool

Phil Rosen
Americans' meat choices are flashing a recession red flag
Aug 27, 2024

Americans' meat choices are flashing a recession red flag

A new Fed survey showed increasing demand for budget-friendly sausage.

Phil Rosen
Here comes the stock market's worst month of the year
Aug 26, 2024

Here comes the stock market's worst month of the year

A September rate cut from the Fed may not be able to shake 75 years of historical data.

Phil Rosen
The Fed is behind the curve. Catching up starts in Jackson Hole.
Aug 23, 2024

The Fed is behind the curve. Catching up starts in Jackson Hole.

The labor market is weaker than expected, inflation keeps cooling, and markets see a September cut as a lock.

Phil Rosen
The labor market got 30% weaker in one day
Aug 22, 2024

The labor market got 30% weaker in one day

The US overstated the number of new jobs created by 818,000 in the 12 months to March 2024.

Phil Rosen
The rest of the S&P 500 is about to beat the Magnificent 7 for the first time in 2 years
Aug 21, 2024

The rest of the S&P 500 is about to beat the Magnificent 7 for the first time in 2 years

The Big Tech group is on pace for rare underperformance against the rest of the index this quarter.

Phil Rosen
Big Tech stocks are giving dot-com vibes — but investors won't bet against the sector
Aug 20, 2024

Big Tech stocks are giving dot-com vibes — but investors won't bet against the sector

Even as the S&P 500 gets more top-heavy, short positions against the Magnificent 7 are shrinking.

Phil Rosen
Warren Buffett's $266 million cosmetics bet may be a play on the lipstick recession indicator
Aug 19, 2024

Warren Buffett's $266 million cosmetics bet may be a play on the lipstick recession indicator

Berkshire Hathaway has taken a sizable stake in Ulta Beauty as economic fears swirl

Phil Rosen
How strong is the economy? Depends on the week.
Aug 16, 2024

How strong is the economy? Depends on the week.

Strong retail sales and jobs data helped investors forget about the rocky start to August.

Phil Rosen
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