In Partnership with Annex
The Wealth Effect meets inflation
Higher interest rates weigh on stock prices. It’s a backdoor way of reducing people’s income via the Wealth Effect.
Target misses the bullseye
Their $15 billion of inventory is 43% higher than a year-ago. Much of it was late to arrive because of supply chain issues.
GDP goes negative as inflation takes its toll
Corporate earnings rose - and the nominal GDP increased. But when calculated including inflation, GDP was down in Q1, and recent FAANG earnings led the markets downwards. Annex Wealth Management's Dave Spano and Derek Felske discuss.
Proctor & Gamble has pricing power
While Netflix subscriber outlook has grabbed many headlines, Proctor & Gamble, the consumer goods giant beat expectations in Q1....