Month: June 2022

ECB To Raise Rates In July And Opens Door For Further Hikes

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🚨 🚨 #ECB commits to a quarter point #increase in interest rates next month and has opened the door to a #bigger #hike in the fall
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U.S. Credit Card Debt At Record

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🇺🇸 🇺🇸 #Credit #card #debt in the US is at an #all #time #high of $1.10 trillion
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UBS Sees 50% Upside For Tesla

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🚨 🚨 #UBS upgrades #Tesla to #buy, sees more than 50% upside for electric vehicle stock
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Saudis Earned $1B Per Day From Oil

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🇸🇦 🇸🇦 #Saudi #Arabia earned $1 billion a day on petroleum in the first quarter of 2022, yielding a $15 billion budget surplus
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China Considers Reviving Ant IPO

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🇨🇳 🇨🇳 #China Considers #Reviving Jack Ma’s #Ant #IPO as Crackdown Eases
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Morningstar: Citi Is Trading At A Discount

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🚨 🚨 #Morningstar: #Citi is currently trading at a 32% #discount to “fair value” and roughly the same discount to tangible book value of $79
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BofA Turns Bullish On Compounders

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👑👑 BREAKING: #Bank #Of #America Turns Bullish On #Compounders
Bank Of America: “The macro environment is getting more supportive for investing in high return growth compounding stocks (‘Compounders’)”
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S&P: Big Move Due In Either Direction

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🚨 🚨 #UBS/Art Cashin: The S&P 500 is near #key #levels that could spur a #big move in #either direction
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Brent Opens Above $123 Per Barrel In Asia

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🛢 🛢 BREAKING: #Brent Opens Above $123.40 Per Barrel In #Asia
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Volkwagen Looks To Build EV Battery Factory In U.S.

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🚨 🚨 #Volkswagen is “actively” looking to establish #new #assembly and #battery facilities in the U.S., Volkswagen of America CEO Scott Keogh Says
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