I think we have Boeing correct. We shall see. I was hoping for a more qualified CEO and that has shook my confidence a bit./ No doubt. But I think we did call the exact bottom. Hopefully Iran did not attack yet... I'm heading up to Ct.
Tractor Supply (TSCO)is facing outrage from Black farmers after it made a drastic decision to appease its conservative customers. The farm supply company recently axed its diversity, equity, and inclusion initiatives and climate change advocacy. It also pulled its support for pride events and training after it received criticism from customers for having “woke priorities.” Tractor Supply avoids Bud Light-style boycott with major changes “We have heard from customers that we disappointed them,” said Tractor Supply in a statement announcing the changes. “We have taken this feedback to heart. Going forward, we will ensure our activities and giving tie directly to our business.” The move from Tractor Supply came after major companies such as Bud Light (BUD) and Target (TGT) saw their earnings dip last year following boycotts from customers who criticized them for being "woke" due to their LGBTQ marketing. Now, a group of Black farmers are calling for the Tractor Supply President and CEO Hal Lawton to resign after he caved into political pressure to make the controversial cuts to their initiatives. “I was appalled by the decision,” said John Boyd Jr., president and founder of the National Black Farmers Association, in an interview with Fortune. “I see this as rolling back the clock with race relations — because the country is so divided on race, especially in rural America.” TSCO- Another stock that used to be great. This is pathetic.
I was talking to a banker so I was dozing off. But he was making the case that the next jobs number will be right back high again and he had some reasons.. In terms of the economy I agree. This does not fell like recession to me. -- How bout you all?
"With the benefit of hindsight, it’s easy to say the Fed should have cut this week," JPMorgan chief US economist Michael Feroli wrote in a note to clients on Friday. "It’s also easy to say they will cut soon. How soon and how much are harder questions." And data from the CME FedWatch Tool shows investors are now pricing in a nearly 70% chance the Fed will cut rates by 50 basis points in September, up from just a 6% chance a month ago. WHY! To be disappointed? I'm the No 1 .50 cut guy always am because I believe that's the best way to flip yield curves and take control of the market... but now when everyone is looking for it...
Think about this. The economy was ripping along but inflation was too high and climbing. We were all fine with that until we weren't when food cost went up too high. Ok now the economy us cooling slightly and inflation has come way down. And we are unhappy.
Why- Well housing & food (like gas but we can't use that excuse.).. affects everyone rich and poor. And to the poor it's just too much. Vouchers? Tax breaks. Enforced price reductions by the Gov... there are many ways to get extra spending money into the hands of people that need it while not ruining the stock market.
Look How well TreeHouse held up!! It went up! Upgrade to buy-->THS TreeHouse Foods, Inc. 4.72K followers $39.31-0.04 (-0.10%)4:00 PM 08/02/24 NYSE | $USD | Post-Market: $39.31 7:00 PM