Top Stories We are Following Today 2-24-23

In this episode Scott Becker discusses:

1. There is a lot of volatility in individual stocks.
2. Domino’s Pizza fell 12% yesterday on lowering demand for pizza delivery.
3. Wayfair dropped 23% as they reported a huge loss of customers.
4. Nvidia rose 14% yesterday.
5. Beyond Meats rose 13%.
6. Warner Bros, Discovery dropped 5% on the reporting of a large revenue loss.
7. Stock indexes are falling sharply today after a core inflation report came in higher than expected.
8. GDP was revised down slightly for the 4th quarter.
9. See Fed rate policy is shaking up world of debt” – WSJ.
10. The consequences of higher interest policy are starting to be seen throughout the economy. The Fed can’t reduce inflation alone unless it drastically raises rates. This is a sub optimal solution.
11. And more!

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