Nominal gains are not great when inflation is where it is, says Ritholtz’s Josh Brown from CNBC. All these retailers are going to feel the pressure on labor and shipping costs, says Hightower’s Link from CNBC. Buffett’s Berkshire Hathaway Reveals $2.6B stake in Paramount and $3B stake in Citi from CNBC. Final Trades: Wynn, Apple,…
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Clips From Today’s Halftime Report
The ‘Halftime Report’ Investment Committee weighs in on the crypto crash from CNBC. I don’t think FAANG will have the same leadership it had in the last 10 years, says Gilman Hill’s Harrington from CNBC. Final Trades: Raytheon, United Rentals, Amazon & more from CNBC.
The Circus Leaves Town
I have some quotes in the Los Angeles Times this morning about the current state of fad and meme-related “investing”. Michael Hiltzik’s new column takes a look at what happens when the recreational traders get tired of losing money and recede from the three ring circus… The finance world, which is constantly on the lookout…
Tether
For years there has been a controversy about whether or not the stablecoin Tether was truly backed by liquid assets or if the whole thing was just smoke and mirrors. I wouldn’t know. My understanding of stablecoins is that they are more of a tool – a medium of exchange within the crypto markets –…
Clips From Today’s Closing Bell
This is a bear market, says Josh Brown from CNBC.
Clips From Today’s Halftime Report
Do not get overly bearish or bullish, says Ritholtz’s Josh Brown from CNBC. Final Trades: Target, Nvidia & more from CNBC.
Clips From Today’s Halftime Report
The seeds of recovery are being planted on days like today, says Ritholtz’s Josh Brown from CNBC. Final Trades: Booking Holdings, Uber, Charter Communications & more from CNBC.
Clips From Today’s Closing Bell
Find middle ground and stick it out through tough markets, says Ritholtz Wealth’s Josh Brown from CNBC.
Clips From Today’s Halftime Report
The market is not satisfied until everybody loses, says Ritholtz’s Josh Brown from CNBC. Final Trades: Paramount, Diamondback Energy, Carlyle Group & more from CNBC.
Inflation is causing a crime wave
On Long Island, they’re stealing cars in broad daylight now.