In this episode Scott Becker Discusses the Following:
- The markets surged Friday.
- Futures point up this AM.
- The 10 year treasury yield has dropped nearly 30 basis points since the start of the year. It opens near 3.56%.
- The 1 year treasury is fairly flat at around 4.72%.
- Bitcoin has risen above $17,250.
- Oil is steady at around $76 a barrel. It’s expected to rise on the prospect of a rebound in demand from China.
- Lululemon is seeing their margins become slimmer despite raising prices very aggressively. It’s stock is down more than 10% in pre-market pricing. They have been so arrogant in how they discuss price increases that some will welcome them facing some challenges.
- Rolls-Royce hit sales records in 2022. See Reuters. The average price is $534,000. It sold 6,021 cars in 2022. Around 2,100 cars were sold in the United States.
- And more!
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