Rob Black Show

Give it up for the S and P 500 and the Nasdaq which both clinched their longest winning streaks of the year yesterday with eight days, Strong retail sales data and a soft inflation report helped soothe investors’ fears on the economy, This week is the Federal Reserve’s annual Jackson Hole Economic Symposium where Chair Jerome Powell is scheduled to give remarks Friday See omnystudio.com/listener f...

Helpful ideas from the past couple months outlined on The Rob Black show, Strategies for 2024, Financial strategies in an election year See omnystudio.com/listener for privacy information.

Since August 5th the Stock Market has seen a big run, Looking back at one of the best weeks of the year, Looking back over past recessions and strategies See omnystudio.com/listener for privacy information.

Wal-Mart’s numbers eased fears about a slowdown in consumer spending-the largest contributor to economic growth, Weekly jobless claims fell suggesting a still-healthy labor market, Warren Buffet bought 266 million dollars of Ulta Beauty See omnystudio.com/listener for privacy information.

Consumer prices increased 2.9 percent year over year down from 3 percent in June and the lowest reading since 2021, Mars to acquire snack maker Kellanova in 36 billion dollar deal bringing massive brands like Pringles, CheezIts and nutri grain bars to Mars’ snacking unit, McDonald's debuts Happy Meals for adults complete with collector cups See omnystudio.com/listener for privacy information.

Briefing.com Strategist Patrick O'Hare Talks About the Markets, The Producer Price Index encouraged investors ahead of the more widely followed Consumer Price Index out Wednesday morning, Starbucks surged more than 21 percent after the coffee chain tapped current Chipotle chief executive Brian Niccol as its next CEO See omnystudio.com/listener for privacy information.

Wednesday’s consumer price index report for July will be a pivotal cue as to whether the economy remains sound, US crude oil tops 77 dollars as Pentagon sends more forces to Middle East, The Average consumer carries 6,329 dollars in credit card debt See omnystudio.com/listener for privacy information.

Looking back at a weird week, Taylor Swift cancels Eras Tour shows in Austria over apparent attack plot, Mr Mortgage Man Scott W Thompson on mortgages See omnystudio.com/listener for privacy information.

Stocks climbed after new labor market data boosted investors’ confidence in the US economy after a sharp market sell off earlier in the week, Three Disney films could top 1 billion dollars this year after box office rut, Dolce and Gabbana new perfume is not for humans but dogs See omnystudio.com/listener for privacy information.

Nvidia, Meta Platforms and Advanced Micro Devices all gained more than 2 percent, Disney reported an earnings and revenue beat but its U.S. theme parks business was weighed down by lower consumer demand and inflation, Uber profits as consumers’ gig economy habits prove sticky See omnystudio.com/listener for privacy information.

S and P 500  shed around 6 percent in the past three sessions bringing year to date gains back to around 9 percent, Stocks got crushed on concern over the health of the US economy and its labor market, A US judge has ruled that Google violated antitrust law See omnystudio.com/listener for privacy information.

Investors are also concerned that the Federal Reserve is behind in cutting interest rates to bolster an economic slowdown, Chevron is moving its headquarters from San Ramon where it’s been since 2002 to Houston, The US is having a small car renaissance See omnystudio.com/listener for privacy information.

Best Financial Research, Thinking about having a great retirement, Avoiding financial pitfalls See omnystudio.com/listener for privacy information.

The economic data keep rolling on in the direction of a downturn if not recession, Amtrak, the national railroad will break its annual ridership record this year, Food delivery fees are rising and pinching See omnystudio.com/listener for privacy information.

Boeing added 1.7 percent after announcing a new chief executive officer, TV ratings for the Paris Olympics are up 79 percent over 2021’s Tokyo Games, Briefing.com Strategist Patrick O'Hare Talks About the Markets See omnystudio.com/listener for privacy information.

CrowdStrike shares fell more than 8 percent after Delta Air Lines hired attorney to seek damages  after an outage led to thousands of flight cancellations, The earnings season has been solid so far of the more than 230 S and P 500 names that have reported about 80 percent have beaten earnings expectations, McDonald’s quarterly same store sales fell for the first time since 2020 See omnystudio.com/...

When Amazon, Microsoft, and Meta report, investors will be looking to see whether the trio’s multibillion dollar AI investments are paying off, McDonald’s results missed analyst expectations, Another key event this week will be the Federal Reserve meeting See omnystudio.com/listener for privacy information.

The S and P 500’s 356 day streak of avoiding a 2 percent decline has officially ended, The Nasdaq turned higher after suffering its worst day since October 22 yesterday, Credit card delinquency rates hit a nearly 12 year high See omnystudio.com/listener for privacy information.

Stocks slide as Tesla and Alphabet Disappoint, More than 25 percent of  companies have reported with roughly 80 percent of them topping expectations, Briefing.com Strategist Patrick O'Hare Talks About the Markets, See omnystudio.com/listener for privacy information.

S and P 500 rises as investors wait for tech earnings, Crypto currency Ethereum ETFs are set to launch today, Home Sales Had Their Worst June in 25 Years See omnystudio.com/listener for privacy information.

The S and P 500 and the Nasdaq rose more than 1 percent with both coming off their worst weekly losses since April, Earnings season is about to kick into higher gear headlined by Alphabet, Tesla, and Chipotle, Soda cans are exploding on Southwest flights due to sky-high temperatures See omnystudio.com/listener for privacy information.

CrowdStrike Outage pandemonium, Responding to your emails, Some possible investing ideas  See omnystudio.com/listener for privacy information.

Wall Street has dumped shares of artificial intelligence plays into other stocks hoping for a broader market, Mr Mortgage Man Scott W Thompson on mortgages, More on Rob and EP Wealth CFP Chad Burton's seminar Strategies for Building a Tax Conscious Retirement Portfolio Thursday July 18th at Crowne Plaza Foster City See omnystudio.com/listener for privacy information.

Briefing.com Strategist Patrick O'Hare Talks About the Markets, EP Wealth CFP Chad Burton discusses Tax Planning in Retirement, More on Rob and Chad's seminar Strategies for Building a Tax Conscious Retirement Portfolio Thursday July 18th at Crowne Plaza Foster City See omnystudio.com/listener for privacy information.

Amazon Primed Day taking place a week later than last year pushing it closer to the school season, EP Wealth CFP Chad Burton discusses Tax Planning in Retirement, More on Rob and Chad's seminar Strategies for Building a Tax Conscious Retirement Portfolio Thursday July 18th at Crowne Plaza Foster City See omnystudio.com/listener for privacy information.