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On today’s show, we discuss:
- Real estates lead as best investment shrinks, gold rises
- Investors are nervous – and that could support stocks
- There is nothing typical for stocks when the Fed stops raising rates
- Robinhood to launch 24-hour trading on weekdays in stocks and ETFs
- Workers are happier than they’ve been in decades
- The rise and fall of pandemic excess savings
- The greatest wealth transfer in history is here, with familiar (rich) winners
- The home buyer’s quandary: nobody’s selling
- Airbnb earnings
- Disney earnings
- Home Depot earnings
- Generation X is worried that Social Security won’t survive
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@awealthofcs slightly inverted corporate bond curve $SPSB $SPIB @michaelbatnick pic.twitter.com/gM9a3b3GoA
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) May 12, 2023
4. Wendy’s AI drive-thru chatbot
Wendy's is teaming up with Google to develop an AI chatbot that takes your drive-thru orders.
The "Wendy's FreshAI" will be first tested in a Columbus, Ohio, restaurant in June. pic.twitter.com/xNCPIsZmFF
— Rowan Cheung (@rowancheung) May 10, 2023
What a chart from @calculatedrisk showing the expanded role new home are playing in today’s housing market. pic.twitter.com/4qLyd5RQZk
— Ensemble Capital (@IntrinsicInv) May 11, 2023
BOX OFFICE: #GotGVol3 nabbed $60.5M to win the weekend. That’s only a 49% drop from opening weekend, which is the MCU’s strongest hold since 2018’s #BlackPanther & 4th best all-time for the MCU:
– Black Panther 44.7%
– Thor 47.2%
– Iron Man 48.1%
– GotG Vol3 49% pic.twitter.com/fbHVDsM97o— Erik Davis (@ErikDavis) May 14, 2023
Sorry to all the apple fans, but "Apple is a Chinese Company" – if you haven't, you should read this, it's disturbing. Will the SEC treat them as such?https://t.co/e3ofUIiiZO pic.twitter.com/zTQGODXAVP
— Dave Lauer (@dlauer) May 8, 2023
Where do the wealthiest 0.1% of households get their fortunes? An analysis using data from Norway suggests that, on average, they are already rich in their 20s, invest heavily in equity and save much of their income https://t.co/1LrBPGH6Lh pic.twitter.com/nprZYQd36J
— St. Louis Fed (@stlouisfed) May 10, 2023
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