Category: Blog
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7% inflation… Oh My!
Inflation at 7% in December, Some large billion dollar companies down 20% off their highs, U.S. truckers may not be allowed into Canada dominated and much much more!
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What can happen when a fund grows too large?
This is something I never knew or considered. When an ETF is very large every purchase or sale makes bigger moves for each individual holding thereby effecting the price of that holding in ways that might be bad for the fund. What about ARK? The firm grew so big so fast that it quickly ended…
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Inflation hits 7% in December 2020
U.S. inflation hit its fastest pace in nearly four decades last year as pandemic-related supply and demand imbalances, along with stimulus intended to shore up the economy, pushed prices up at a 7% annual rate. The Labor Department said Wednesday the consumer-price index—which measures what consumers pay for goods and services—rose 7% in December from the…
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Economic confusion for 2022
Microsoft losing talent, Walgreens is booming, AT&T exceeds expectations, some confusing economic numbers, and much much more!
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Microsoft losing talent to Meta
Competitors have been snapping up people with experience developing Microsoft’s HoloLens augmented-reality headsets, sometimes offering to double their salaries, said former Microsoft employees. The Microsoft augmented-reality group employs around 1,500 people, they said. The LinkedIn profiles of more than 70 former employees on the HoloLens team show they have left Microsoft in the past year.…
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Walgreens raises forecasts and posts higher sales and profits
The Deerfield, Ill., drugstore chain said sales and profits rose in its latest quarter, and raised its full-year forecast as demand for Covid-19 vaccines and at-home tests continued to draw customers to its stores. Walgreens said it administered 15.6 million Covid-19 vaccinations in the latest quarter, which ended Nov. 30, and provided 6.5 million Covid-19…