As of last Friday, 120 companies in the S&P 500 index reported earnings results. The numbers are impressive for this bunch. Altogether, the earnings for these companies moved up over 118% year over year on 18% revenue growth. For the quarter, the total earnings for the S&P 500 index are expected
Watching Sir Richard Branson fly into space last week was inspiring. I don’t know why there is this allure of flying into space and looking back at earth, albeit only for about two minutes. Space tourism, as they call it, is still reserved for just thrill-seeking billionaires with too much money
As it turns out, we did not have to wait for earnings week to kick off to get some exciting news. The weekend had plenty to offer for sporting fanatics. On Saturday night, Dustin Poirier beat the favorite of the night Conor McGregor for the second time after a serious leg injury prevented Conor from continuing the fight. This was his
Summer wouldn’t be summer without camping. My family really enjoys camping and we recently got back from a short camping trip near Mammoth. My son is a Cub Scout so we go car camping several times a year. He enjoys the outdoors. My wife and daughter usually join us but haven’t been able to
Last week was eventful, to say the least. The major news came from the FOMC meeting where we heard that the Fed anticipates possibly starting to raise interest rates by late 2023. This moved their estimated timeline up a year, and not only that, but the Fed also began their “discussion to begin discussing
Although we’re still in June, it feels like summer is already here. Somehow, we skipped past the typical June gloom and moved right into the heat. It also feels like summer for me because my kids got out of school last week. School might be out for the summer, but since my wife and
Unless you’ve been living under a rock, you’ve probably heard about the ongoing chip shortage somewhere on TV or in an article. No, I’m not referring to edible chips, like the ultimate guilty pleasure, Doritos. Although, I’m sure if there were a Dorito shortage we’d probably be seeing just as many, if not more, reactions
At the end of the month, restrictions imposed on banks by the Fed will be lifted. This will allow banks to resume their regular dividend payouts and ability to buy back its own shares. However, in order to do so, they are required to pass the stress test – a test which provides results
Last week was a tumultuous week to say the least. Wednesday, the Fed released minutes from their April meeting where some officials proposed the idea of discussing rolling back its bond purchases in future meetings. Let’s take a step back for a second. As we know, during the Fed Committee’s meeting last month, the
One of my favorite game shows growing up was the Price is Right. It was a great show to watch on the days I got to stay home from school. One of my favorite games on the show was when contestants had to guess the price of various everyday items like Rice-a-Roni, Kraft Mac &
