from CNBC, on earnings so far: WED, FEB 8TH 2023 Shipping firm Maersk posts record 2022 earnings but warns of a tough year ahead EARNINGS Shipping firm Maersk posts record 2022 earnings but warns of a tough year ahead WED, FEB 8TH 2023 SocGen reports 64% slide in annual profits but beats market expectations EARNINGS SocGen reports 64% slide in annual profits but beats market expectations WED, FEB 8TH 2023 Chipotle misses expectations for earnings, revenue and same-store sales RESTAURANTS Chipotle misses expectations for earnings, revenue and same-store sales TUE, FEB 7TH 2023 AUTOS Hertz fourth-quarter profit beats as costs come down and travel rebounds TUE, FEB 7TH 2023 EARNINGS BP posts record 2022 earnings to join Big Oil profit bonanza TUE, FEB 7TH 2023 TECH SoftBank’s Vision Fund posts fourth straight quarter of losses Disney to cut 7,000 jobs and slash $5.5 billion in costs as it unveils vast restructuring MORE IN EARNINGS Pinterest shares slip on fourth-quarter revenue miss and weak forecast TECH Pinterest shares slip on fourth-quarter revenue miss and weak forecast MON, FEB 6TH 2023 Apple sales drop 5% in largest quarterly revenue decline since 2016 TECH Apple sales drop 5% in largest quarterly revenue decline since 2016 THU, FEB 2ND 2023 Alphabet misses on earnings and revenue as YouTube falls short TECH Alphabet misses on earnings and revenue as YouTube falls short THU, FEB 2ND 2023 TECH Amazon beats on fourth-quarter revenue but provides light guidance THU, FEB 2ND 2023 AUTOS Ford posts full-year net loss, ugly fourth quarter citing ‘execution issues’ THU, FEB 2ND 2023 RESTAURANTS Starbucks misses expectations as China Covid surge hurts international sales FRI, FEB 3RD 2023 Qualcomm revenue falls 12%, guidance implies more pain this quarter TECH Qualcomm revenue falls 12%, guidance implies more pain this quarter Deutsche Bank shares slip despite profit beat as traders weigh uncertain outlook THU, FEB 2ND 2023 TECH Meta shares soar almost 20% on better-than-expected revenue WED, FEB 1ST 2023 Peloton shares surge 26% after fitness company posts subscription revenue growth RETAIL Peloton shares surge 26% after fitness company posts subscription revenue growth WED, FEB 1ST 2023 Novartis says operating profit to grow again ahead of Sandoz spin off HEALTH AND SCIENCE Novartis says operating profit to grow again ahead of Sandoz spin off WED, FEB 1ST 2023 AMD beats on sales and profit but warns of a 10% revenue decline in Q1 TECH AMD beats on sales and profit but warns of a 10% revenue decline in Q1 TUE, JAN 31ST 2023 TECH Snap shares plunge on weak revenue as digital ad struggles continue TUE, JAN 31ST 2023 TECH Spotify shares pop 12% on strong user growth TUE, JAN 31ST 2023 HEALTH AND SCIENCE Pfizer expects 2023 sales to decline as much as 33% compared with record-breaking 2022 TUE, JAN 31ST 2023 Exxon smashes Western oil majors' earnings record with $56 billion profit for 2022 OIL AND GAS Exxon smashes Western oil majors’ earnings record with $56 billion profit for 2022 TUE, JAN 31ST 2023 McDonald's profit grows as inflation-weary customers flock to its restaurants RESTAURANTS McDonald’s profit grows as inflation-weary customers flock to its restaurants TUE, JAN 31ST 2023 GM smashes expectations and guides toward a strong 2023 AUTOS GM smashes expectations and guides toward a strong 2023 TUE, JAN 31ST 2023 TRANSPORTATION UPS revenue falls short of expectations despite growth in U.S. business TUE, JAN 31ST 2023 EUROPE NEWS UBS gets a boost from higher interest rates, but warns of ‘uncertain’ year ahead TUE, JAN 31ST 2023 EARNINGS UniCredit hikes payout goal by 40% after record profit TUE, JAN 31ST 2023 Ryanair posts record Christmas quarter, sees 'very robust' summer demand EARNINGS Ryanair posts record Christmas quarter, sees ‘very robust’ summer demand MON, JAN 30TH 2023 Chevron annual profit doubles to record $36.5 billion, but fourth-quarter miss hits shares OIL AND GAS Chevron annual profit doubles to record $36.5 billion, but fourth-quarter miss hits shares FRI, JAN 27TH 2023 Fashion retailer H&M's profit tumbles more than expected as costs bite EUROPE NEWS Fashion retailer H&M’s profit tumbles more than expected as costs bite FRI, JAN 27TH 2023 TECH Intel shares drop on weak quarterly results and expectations for another quarter of losses THU, JAN 26TH 2023 EARNINGS Dow posts dour quarterly results, plans to slash 2,000 jobs THU, JAN 26TH 2023 AIRLINES American Airlines beats fourth-quarter profit expectations as higher fares buoy revenue THU, JAN 26TH 2023 Comcast beats expectations even as broadband growth slows, Peacock racks up losses MEDIA Comcast beats expectations even as broadband growth slows, Peacock racks up losses THU, JAN 26TH 2023 Southwest forecasts lingering losses as bookings slow in wake of holiday meltdown AIRLINES Southwest forecasts lingering losses as bookings slow in wake of holiday meltdown THU, JAN 26TH 2023 Johnnie Walker-maker Diageo beats first-half sales estimates RETAIL Johnnie Walker-maker Diageo beats first-half sales estimates THU, JAN 26TH 2023 TECH Tesla reports record revenue and beats on earnings WED, JAN 25TH 2023 TECH IBM tops revenue estimates, says it will cut 3,900 jobs WED, JAN 25TH 2023 RETAIL Levi Strauss beats estimates, offers upbeat guidance for fiscal year THU, JAN 26TH 2023 AT&T shares jump as subscriber growth tops analyst expectations MEDIA AT&T shares jump as subscriber growth tops analyst expectations WED, JAN 25TH 2023 Boeing posts quarterly loss as labor and supply strains overshadow increase in jet demand AEROSPACE & DEFENSE Boeing posts quarterly loss as labor and supply strains overshadow increase in jet demand WED, JAN 25TH 2023 Chip giant ASML sees 2023 sales surge; says China revenue to be steady despite U.S. restrictions TECH Chip giant ASML sees 2023 sales surge; says China revenue to be steady despite U.S. restrictions WED, JAN 25TH 2023 TECH Microsoft offers lackluster guidance, says new business growth slowed in December WED, JAN 25TH 2023 INDUSTRIAL CONGLOMERATES GE’s 2023 profit forecast weighed down by renewable energy business TUE, JAN 24TH 2023 ENTERTAINMENT Netflix blows away expectations on subscriber numbers THU, JAN 19TH 2023 Procter & Gamble revenue and profit fall as company looks to higher prices to offset declining sales HOUSEHOLD PRODUCTS Procter & Gamble revenue and profit fall as company looks to higher prices to offset declining sales THU, JAN 19TH 2023 United results top estimates as demand remains resilient despite high fares AIRLINES United results top estimates as demand remains resilient despite high fares WED, JAN 18TH 2023 Morgan Stanley earnings top expectations, helped by record wealth management revenue MARKETS Morgan Stanley earnings top expectations, helped by record wealth management revenue TUE, JAN 17TH 2023 FINANCE Goldman Sachs posts its worst earnings miss in a decade as revenue falls while expenses rise TUE, JAN 17TH 2023 FINANCE Citigroup’s fourth-quarter profit declines by 21% as bank sets aside more money for credit losses FRI, JAN 13TH 2023 MARKETS Wells Fargo shares rise even as bank’s profits cut in half by higher reserves, settlement costs FRI, JAN 13TH 2023 JPMorgan tops estimates for fourth-quarter revenue, but says mild recession is now 'central case’ FINANCE JPMorgan tops estimates for fourth-quarter revenue, but says mild recession is now ‘central case’ FRI, JAN 13TH 2023 Bank of America tops expectations as higher rates help offset declines in investment banking MARKETS Bank of America tops expectations as higher rates help offset declines in investment banking FRI, JAN 13TH 2023 Higher labor costs dent Delta's profit forecast but travel demand is still strong AIRLINES Higher labor costs dent Delta’s profit forecast but travel demand is still strong FRI, JAN 13TH 2023 AIRLINES American Airlines shares jump nearly 10% after airline hikes revenue and profit outlook THU, JAN 12TH 2023 RETAIL Bed Bath & Beyond reports wider-than-expected loss as possible bankruptcy looms TUE, JAN 10TH 2023 FOOD & BEVERAGE Constellation Brands’ shares tumble as higher costs hit beer supply chain THU, JAN 5TH 2023 Walgreens shares fall even after quarterly results top expectations RETAIL Walgreens shares fall even after quarterly results top expectations THU, JAN 5TH 2023 Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year TECH Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year TUE, JAN 3RD 2023 Semiconductor maker Micron announces 10% staff reduction, suspends bonuses TECH Semiconductor maker Micron announces 10% staff reduction, suspends bonuses WED, FEB 8TH 2023 Affirm cuts 19% of workforce; shares tank on earnings miss
January 517K job creation has become dated information. looking forward, visibility is rather gloomy: Mass Layoffs in 2022 & 2023: What's Next for Employees? (mondo.com) Layoffs.fyi - Tech Layoff Tracker and Startup Layoff Lists Companies with layoffs in 2023: Disney layoffs: 3% of workforce laid off (February, 2023) Zoom layoffs: 15% of workforce laid off (February, 2023) Dell layoffs: 5% of workforce laid off (February, 2023) HubSpot layoffs: 7% of workforce laid off (February, 2023) PayPal layoffs: 7% of workforce laid off (February, 2023) IBM layoffs: 1.5% of workforce laid off (January, 2023) Gemini layoffs: 10% of workforce laid off (January, 2023) Yankee Candle layoffs: 13% of office workers laid off (January, 2023) 3M layoffs: <1% of workforce laid off (January, 2023) Spotify layoffs: 6% of workforce laid off (January, 2023) Google (Alphabet) layoffs: 6% of workforce laid off (January, 2023) Microsoft layoffs: 4-5% of workforce laid off (January, 2023) Amazon layoffs: 1-2% of workforce laid off (January, 2023) Carta layoffs: 10% of workforce laid off (January, 2023) Coinbase layoffs: 20% of workforce laid off (January, 2023) DirecTV layoffs: 5-6% of workforce laid off (January, 2023) Salesforce layoffs: 10% of workforce laid off (January, 2023) Vimeo layoffs: 11% of workforce laid off (January, 2023) Goldman Sachs layoffs: 8% of workforce laid off (January, 2023) Compass layoffs: size of layoffs not immediately known (January, 2023) Stitch Fix layoffs: 20% of workforce laid off (January, 2023) Companies with layoffs in 2022: Cisco layoffs: 5% of workforce laid off (December, 2022) DoorDash layoffs: 6% of workforce laid off (November, 2022) Candy Digital layoffs: 33% of workforce laid off (November, 2022) Redfin layoffs: 13% of workforce laid off(November, 2022) Amazon layoffs: 1% of workforce laid off beginning (November, 2022) Meta layoffs: 13% of workforce laid off (November, 2022) Twitter layoffs: 50% of workforce laid off (November, 2022) Zillow layoffs: 5% of workforce laid off (October, 2022) Peloton layoffs: 12% of workforce laid off (October, 2022) DocuSign layoffs: 9% of workforce laid off (September, 2022) Taboola layoffs: 6% of workforce laid off (September, 2022) Snapchat layoffs: 20% of workforce laid off (September, 2022) Outbrain layoffs: 3% of workforce laid off (July, 2022) Lyft layoffs: 2% of workforce laid off (July, 2022) The Mom Project layoffs: 15% of workforce laid off (July, 2022) Opensea layoffs: 20% of workforce laid off (July, 2022) Substack layoffs: 14% of workforce laid off (June, 2022) Ninantic layoffs: 8% of workforce laid off (June, 2022) MasterClass layoffs: 20% of workforce laid off (June, 2022) Bird layoffs: 23% of workforce laid off (June, 2022) Superhuman layoffs: 22% of workforce laid off (June, 2022) Cameo layoffs: 25% of workforce laid off (May, 2022) Robinhood layoffs: 9% of workforce laid off (April, 2022) Virgin Hyperloop layoffs: 50% of workforce laid off (February, 2022) Peloton layoffs: 20% of workforce laid off (February, 2022) Beachbody layoffs: 10% of workforce laid off (January, 2022)
Canada +150K jobs ten times expectation, mostly full time jobs. Note that would equate to 1.35M new jobs in the US pro rated to population. Reported that people are going back to work after pandemic and there are plenty of openings ( Canada had 1M job vacancies as of a few months ago it was 900K last I heard ). Some of you just aren't getting it. The worst case scenarios that got mostly baked into markets in 2022 are very unlikely with everyone working. Rates got hiked a ton in Canada, similar but even faster then the US, and they have specifically said no new hikes. In fact, the last 0.25% hike was a debate between no hike and that, with no possibility at all of more.
currently, US unemployment rate drops down to all time low (At 3.4%). Historically, this low rate combines with the yield-curve inversion. this is not a good sign. something is going to snap. bad combination for earnings: energy is up, dollar is up, inflation is up.
Who the hell cares? He was wrong then 2 weeks ago, he has not posted any trades, and is a talking head. NOBODY CARES! That is the answer. Wharton school? Big fing WHOOP.
Everyone looks at the market in a limited way, because of how huge it is compared to our feeble minds, however the incentives involved are very simple. Everyone wants to take more money out than they put in. There are only three wayz: 1. Buy something that generates money 2. Buy something that absorbes new (freshly printed, or repatriated) money 3. Take money out of other traders' accounts Fundies lock onto the first one. Being an insider is how to get the second type. But you have to be an ELITE TRADER to get the third!