Month: January 2024

Nintendo Jumps

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🇯🇵 🇯🇵 Shares of Nintendo have soared 47% in the past year, compared with a 28% gain in Topix. Expectations for a new machine that some have already dubbed “Switch 2” has fueled gains, though there has been no official word yet from the company
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Superbowl Ticket Price Jumps To Record

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🏈 🏈 Recession? The average price of a Super Bowl ticket this year has moved up to a record $9,815, 70% above last year’s average price and 40% above the previous record set in 2021
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Lagarde: Not There Yet On Rate Cuts

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🇪🇺 🇪🇺 ECB’s Lagarde: ‘We are not there yet’ on rate cuts, need more data
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Aussie Inflation Drops

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🇦🇺 🇦🇺 Australian Q4 headline CPI 4.1% y/y vs 4.3% expected
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UPS Cuts Jobs

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🚨 🚨 UPS to cut 12,000 jobs after what its CEO called a “difficult and disappointing” year
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Corporate Bond Sales Jump

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🇺🇸 🇺🇸 Corporate bond sales hit $188.6 billion in the US in January, setting a record for the month. “We could easily see $200 billion of sales this month”
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This Week: Automated Traders Are Bullish

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🚨 🚨 TD Securities suggests automated trading strategies are likely to buy everything this week
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Bitcoin Drops Below $43K

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🚨 🚨 BREAKING: Bitcoin Drops Below $43K
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Samsung Profit Falls

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🚨 🚨 BREAKING: Samsung Electronics’ operating profit falls 34.57% in the fourth quarter, in line with guidance
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Annuity Sales Hit A Record

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🚨 🚨 It was another record year for the insurance products, with sales totaling $385 billion in 2023, 23% higher than the record set in 2022, according to Limra, an insurance industry trade group
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