Small businesses are under squeeze – higher COGS&exp, margins Compressed & top line pulling back from lower demand.Remember, smaller businesses are MORE sensitive to rising cost of debt & capital & all higher costs. Think smaller businesses, banks, etc. Many will fold or be
Restaurants busy. Airports busy. People traveling. Nominal spending up due to wage inflation & tight labor market but what about the disparity between nominal & real?! Is this really in line with output & productivity?!
Restaurants busy. Airports busy. People traveling. Read More »
“Backtrack Thinking” for DECISION MAKING! Chess GRANDMASTER tells us! Work with end in mind. Applicable in business, trading, chess and life! Everything! Know your goal & work your way back UP. THINK FROM THE END! Wisdom from GM! https://youtube.com/shorts/K6FFL_ZDBFM?feature=share…
“Backtrack Thinking” for DECISION MAKING! Read More »
How does tightness of labor market affect inflation? Wages continue to fuel nominal spending that drives nominal demand. We need contraction in economic activity that brings down nominal spending to be more inline with output. A recession may be necessary.Always a great read
How does tightness of labor market affect inflation? Read More »
We need a recession and hard landing to bring down inflation. Agree? Let me add, Cleveland FED has CPI Core RISING again M/M +.46. yes, inflation still RISING. Entrenchment. Nominal spending needs to come down in line with output.
We need a recession and hard landing to bring down inflation. Read More »
Shout out to @UrbanKaoboy for always publishing some of the best #Macro & #Markets Analysis with his substacks! Elevate your macro today! https://urbankaoboy.com/p/re-oilinflationgeopolitics-squid?utm_source=substack&utm_medium=email…
#CRE next shoe to fall?! Did you know that most #CRE loans are held by $KRE Regional Banks? HIGH Vacancy Rates https://thomsonreuters.com/en-us/posts/investigation-fraud-and-risk/regional-banks-commercial-real-estate-worries/…
#CRE next shoe to fall?! Read More »
$SMCI (position-still long for a long time)Q3 Y/Y:Margins UP: 17.6% vs 15.5%EPS $1.53 vs $1.43Overall pattern, UP Y/Y, DOWN vs last Q GUIDANCE:FY23: maintains guidance $6.6-$6.8BGAAP EPS $10.14-10.66/non-GAAP EPS $10.50-11 Q4: Sales $1.7-1.9B, EPS ~$2.50
Excellent discussion with @JulianKlymochko about #Bitcoin & @AccelerateFT Carbon-Negative BTC ETF $ABTC on @TheROShowPod Julian outlines some key points for #BTC as alternative currency & storage of value. The Future of Money Watch Now
Excellent discussion with Read More »
Let’s look at the MEGA tech earnings to foretell or confirm the economic outlook going forward. I will be brief and to the point here. It is about the future not the past so let’s see what AMAZON had to say in its Conference Call. Let me provide backdrop. When the “past” numbers came out
