As a fellow 'perma'- bear I'm disgusted by the unprofessional behaviour of anchor Joe Kernen, especially as GMO's Jeremy Grantham switched to being bullish in March 2008. Joe's nasty ridicule of Jeremy is exactly the same hubris I heard in 1999 and 2007. Top of the market stuff.
🧱🎉🫨 #THE BLOCK PARTY CONTINUES — Michael Block has qualified for the 2026 PGA Championship at Aronimink after securing a Top 20 finish at the PGA Professional Championship at Bandon Dunes, firing a final round 69 (-3 | T9)
A collapse in demand has left the diamond industry floundering post-pandemic. A crippled market has left the once titan-of-industry searching for answers https://t.co/cYJNrOACQf via @markets
One way to know the economy is not working for middle class families is Hamburger Helper making a comeback. Hamburger Helper was introduced when I was a kid to stretch a half pound of ground beef to feed a family of five. I just saw a Hamburger Helper ad.
BREAKING: The US economy adds 254,000 jobs in September, ABOVE expectations of 147,000.
The unemployment rate was 4.1%, BELOW expectations of 4.2%.
Jobs numbers have beat expectations for the first time since May 2024.
Was the Fed's 50 basis point cut too aggressive?
Making price controls a centerpiece of a policy rollout is naive at best, since it reveals utter ignorance of world economic history. This should be disqualifying for any Presidential candidate, full stop.
The most absurd number in CPI?
According to the US Government, the cost of health insurance has declined 30% over the last 2 years and 8% over the last 5 years...
https://t.co/l5IYmkf6Ih
BREAKING: Odds of a Fed rate cut by September 2024 skyrocket to 83% after June CPI inflation, according to @Kalshi.
June 2024 marked the first NEGATIVE month-over-month inflation print since May 2020.
Headline inflation is now at a 12-month low and 100 basis points away from the Fed's 2% target.
Prior to the CPI inflation report today, prediction markets saw a 67% chance of rate cuts by September.
Exactly 1 year ago, the Fed stopped raising interest rates.
Does the Fed have the green light to cut rates?
There's been just one other trading day since 1979 when the small-cap Russell 2,000 rose 3%+ while the S&P 500 was down on the day.
10/10/08: R2K was up 4.6%, S&P was down 1.2%
Today: R2K up 3.35%, S&P down 0.75%
NEW: Suspected robber wearing a motorcycle helmet gets shot after trying to rob a cell phone store in Uvaranas, Brazil.
As the robber appeared to pull out his gun, the store owner pulled out his own firearm & shot the man.
The suspect was rushed to the hospital where he was listed as being in "very serious condition."
The store owner was taken to a nearby police station to give a statement. He was then released.
@SawyerMerritt@elonmusk This shareholder wants $TSLA out of Delaware. Voting for pay package. This is America. Agreed upon contract. The man hit everything he was supposed to do not paying him now is unAmerican.
Elon set an extremely high bar for himself and Tesla - so high most people laughed at his goals. He deserves every penny of this package. This is America people.