This week in the China Shop, any hopes of a dovish pivot from the latest FOMC meeting had cold water thrown on it by the surprising NFP numbers. In Stock News, Dan updates us on Adani and Kyle looks closer at the management comments from Ford and Apple’s earnings reports. Over in the Crypto Corner, Munger is back trashing crypto (again) while Dan wonders why he hasn’t joined team hacker yet. For The Bet, Kyle gives Dan the chance to combine January and February before revealing last week’s results…
2 Bulls in a China Shop: 02/03/23
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Links:
Powell Says No Rate Cuts in 2023
Fed Seen Likely to Raise Rates Above 5% After Strong Jobs Report
Ron Insana Says Even with Big Jobs Report, Signs of Disinflation are There
Former FDIC Chair Says Fed Has Credibility Problem
Ford 4th Quarter Profit Drops 90%
Apple CEO Spooks Investers with One Repeated Phrase
Big Wall Street Names Exposed to Adani’s Plunge
Musk Found Not Guilty in Tweet Trial
Nordstrom Stock Soars on Cohen Investment
N. Korea Hackers Stole $1.7b in 2022
BTC Manipulation Price Outlook
Charlie Munger Calls Crypto “A Gambling Contract”
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