Know The Difference Minute

Banking trouble ahead? 26.04.2023 0:59 ↓

Bank trouble is one of the most obvious areas where markets and macro intersect — a healthy banking system is a necessary precondition for a healthy economy 

America's most affordable EV is going away 25.04.2023 1:02 ↓

A day after announcing a $3 billion investment in a joint EV battery project with Samsung, GM announced it’s killing one of the OG EV’s—the Chevy Bolt. Battery fires and slow sales will do that. 

Elon's not-so-great week 20.04.2023 0:58 ↓

Did you ever think you’d see a price drop on a Tesla? It’s happening. 

Netflix free ride coming to an end 19.04.2023 1:02 ↓

How do you make 100 million people mad at Netflix? Take away password sharing. 

Young adults and the US Government. Not that different. 18.04.2023 1:01 ↓

Stunning article in today’s Wall Street Journal regarding young adults and their approach to debt.  Basically, they’re adopting financial avoidance . Like, not dealing with it. At all. 

PPI > CPI 13.04.2023 0:58 ↓

Economists were predicting a flat report, but PPI was down .5%. 

A key CPI reading 12.04.2023 1:01 ↓

Headline number shows US consumer prices rose only slightly in March due to lower energy costs, but broader inflation remained high and showed no signs of quickly subsiding.

How much do you love football? 11.04.2023 1:01 ↓

YouTube TV is the new home of the Sunday Ticket —part of a $2 billion-a-year deal to stream out-of-market games.  

Thanks for nothing, OPEC 05.04.2023 0:56 ↓

With OPEC reducing its output by over 1.1 million barrels a day , there might be a double whammy at the pump.

JOLTs vs Friday's Labor Department report 04.04.2023 1:03 ↓

According to today’s JOLTs report , openings fell below 10 million in February , the first time in almost 2 years. 

Some potential good news 30.03.2023 1:02 ↓

The final GDP read for the 4th quarter came in at 2.6%. Consumer spending is trending down too. That’s a key number, 70% of GDP is tied to the consumer. 

AI worries Elon Musk. Should we be? 29.03.2023 1:01 ↓

Why did Elon Musk and dozens of other tech leaders sign an open letter to AI labs to take a breath on development of systems that can compete with human intelligence?

2nd jobs in America 28.03.2023 1:01 ↓

Those earning over $100,000 are more likely to be growing supplemental income.

Gas-powered still delivers for Ford 23.03.2023 1:01 ↓

Ford Motor Company reported today its EV division lost $2.1 billion last year as it builds toward an electric vehicle future.

The Fed decides 22.03.2023 0:54 ↓

The federal funds rate target is now in the 4.75% to 5% range , the highest since 2007 . 

Bard takes the stage 21.03.2023 0:59 ↓

Google's rollout of their AI tool Bard didn't go well. Today, users can join a waitlist to beta-test it.   

AI replaces AI. 16.03.2023 1:06 ↓

If you’re tired of hearing about the amazing features of OpenAI’s ChatGPT —buckle up. A newer, sleeker, faster and smarter version is here.  

Well....they broke it 15.03.2023 0:57 ↓

The Fed is the arsonist AND the firefighter. 

Wall Street's version of Everything Everywhere All At Once. 14.03.2023 0:57 ↓

In a data dependent decision world, concerns about financial stability are casting a long shadow. 

$2b in savings at GM = buyouts 09.03.2023 1:02 ↓

GM is offering voluntary buyouts to a majority of its 58,000 white-collar workers. 

Not the jobs data we want to see 08.03.2023 0:57 ↓

Numbers up front: 10.8 million open jobs. That kind of demand creates wage inflation which contributes to the issue the Fed is trying to fix. 

So much for 25 basis points 07.03.2023 1:03 ↓

Inflation isn’t behaving. The Fed's goal is 2%. There is a lot of daylight between that and the current inflation rate of 6.4%.  

What are hiring websites reporting about job postings? 02.03.2023 0:54 ↓

ZipRecruiter and Indeed are reporting postings on their sites declined at the end of last year and into this year. 

We just keep spending.... 01.03.2023 1:02 ↓

A new Lending Tree report says 60% of all US adults are living paycheck to paycheck.

The chatbot hype is just starting 28.02.2023 1:02 ↓

If this is a productivity multiplier, we might be at a tipping point in just a few years.