• Moody's downgrades, Ferrari upgrades, McDonalds Biohazard, Apple, Uber profit, $10k to $1m, Soccer

  • Aug 10 2023
  • Length: 22 mins
  • Podcast

Moody's downgrades, Ferrari upgrades, McDonalds Biohazard, Apple, Uber profit, $10k to $1m, Soccer

  • Summary

  • The Non-Farm Payroll numbers last week provided another piece of data that seemed to show the economy is starting to cool off. Though paradoxically there now seem to be more bears out there predicting a recession.

    What we know is interest rates will remain higher for longer. So this week we delve into what is all things economy related including: Moody's downgrades, Ferrari upgrades, the robot future of McDonalds, the end of WeWork, Uber makes a profit, real estate problems, Zoom orders staff back to work (yes really!), rebuilding in Italy, Tom Brady's strange investment, shrinkflation and much more.

    The kick back for your 20 minutes of sense and fun:

    - China deflation and commercial property problems (again!)
    - Apple sales down, shares down
    - Moody's downgrades US government debt and trash talks regional banks
    - WeWork throws in the towel
    - After burning $39bn, Uber makes its first profit
    - McDonalds robots and biohazard
    - AI turning $10k into $1m
    - Soccer spending gone mad
    - Beckham's law
    - Tom Brady investment
    - Rebuilding in Italy
    - Fantasy football
    - Shrinkflation
    - Modding your Ferrari
    - Luxury goods
    - Zoom is for others to work from home

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    Podcasts - https://rollingbananas.com
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    Contact - peter@rollingbananas.com

    Reference links:

    Get Rich Quick
    Advanced trading
    Is the market overbought?
    Taking Winning Trades
    Predict stock market movements
    What does the Fed do
    Risk and Reward
    The end of Cheap Money
    What is Artificial Intelligence
    Common Trading Mistakes
    Finding value stocks
    Stock Investing in 2023
    Your best shot at goal
    Focus Discipline and Trading Psychology
    Invest in Yourself


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