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🦧 dry me a river

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🦧 dry me a river

Ape of Omaha
Aug 10, 2022
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🦧 dry me a river

www.wiseape.fyi

🥂 try 50% off your first 6 bottles!

what’s happening wednesday

deepening energy crisis in europe: the rhine is getting so shallow, it's getting almost impossible to make transports on schedule (coal, components, chemicals, commodities, etc.) – this will likely be a theme in europe for quite some time

 

july consumer price index (click here for the data!): the median forecast is an annualized inflation rate of 8.7% and an increase of 0.2% from june

  • there is a real debate going on as to whether inflation's cooled off in july

  • one on hand, with the big drop in gasoline price (and may continue for the next few weeks due to decreasing global demand), some are saying the headline cpi number to be lower than core cpi

    • (the core cpi calculation excludes food and energy prices)

  • but others say that what will matter more is higher wages taking effect – high nominal wage growth naturally accelerating inflation, especially as mortgages got cheaper recently along with gas and the overal economic landscape has eased a lil' bit

 

earnings

  • pre-market: WEN 0.00, FOXA 0.00

  • after market close: DIS 0.00, BMBL 0.00

    • MTCH 0.00 (aka tinder) struggled to keep up with expectations recently – we’ll see if that holds to be true for bumble!

 

i’ve been saying this a lot. again, i’m a huge fan of GDRX 0.00 – i’m glad their earnings came in fine!

tip $2, 5, or 10 :)

💡 something im thinking about

say what you will about the man, but man this is cool (click image)

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as always, i am no financial advisor! (i am no substitute for professional financial services)
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🦧 dry me a river

www.wiseape.fyi
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