Q: What was a positive surprise for U.S. investor’s this week?
A: The growth rate spiked to 4.2% for the 1st Quarter of 2024 according to the Atlanta Federal Reserve’s GDPNow growth model.
Q: What can Caterpillar shares tell investors about a potential booming global economy?
A: Caterpillar’s most recent earnings report showed 12% revenue growth and a 40% spike in profits.
Q: Why does the Federal Reserve appear to issue statements that interrupt market rallies?
A: It could be the Wealth Effect! Shiny Happy People go buy stuff which helps drive inflation.
Headline Round Up
*WOW: 4.2% U.S. Economic Growth Q1 2024: Atlanta Federal Reserve’s Real GDPNow Growth Model.
*North Texas Boom Updates from Allie Beth Allman & Associate Realtors.
*Flabalanche Attack: Novo Nordisk Increasing Supply of Wegovy Throughout 2024.
*New York Community Bancorp, Signature Bank’s Bailout Buyer, Plunges 38% on Office Loan Losses & Dividend Cut.
*Commercial Real Estate Losses Hammer Banks in U.S., Japan, and Switzerland.
*$400,000 Per Year with No Degree Required?
*Norway is Rich! Norway’s Giant Sovereign Fund Reports Record Profits in 2023!
*Microsoft Revenue Spikes While Azure Sales Up 30%.
*China’s Evergrande in Liquidation After Being Saddled with $300 Billion in Liabilities.
*The 15 Most Expensive Neighborhoods in the U.S. as of December 2023.
*BlackRock Predicts U.S. Stock Rally Could Last Another 6-12 Months.
*Home Prices Dropped in November.
*Layoffs! Interest Rate Cuts Coming.
*Global Infrastructure: BlackRock Planning Airports, Pipelines and Data Center Investments?
*Shell PLC Continuing Stock Buybacks & Buying Back Another $3.5 Billion of Shares This Quarter!
*Europe Regulates Itself to Last Place?
Mergers and Acquisitions
*Allen Media Group Makes a $30 Billion, with Debt Included, to Purchase Paramount Global.
Skid Row
*Peloton’s Downhill Race.
*23andMe’s $6 Billion Dollar Decline?
Dow Jones Industrial Average Index (10/31/2023 – 02/02/2024)
– Courtesy of Bloomberg LP
Dow Jones Industrial Average Index (12/29/2023 – 02/02/2024)
– Courtesy of Bloomberg LP
Chicago Board Options Exchange – 10 Year Treasury Note Yield Index (12/29/2023 – 02/02/2024)
– Courtesy of Bloomberg LP
Standard & Poor’s 500 Index – Quarterly Earnings Analysis by Sector (11/16/2023 – 02/15/2024)
– Courtesy of Bloomberg LP
Profit Report
November, December & January’s Financial Markets Performance.
