Very honored to be included in this year’s “Most Powerful Women in Banking: Next” list by
@AmerBanker
. I join the company of some very impressive ladies and am proud to walk in the footsteps of the trailblazers that preceded us.
Just so we all understand how wealthy
@JeffBezos
is -- at $150B, his net worth is higher than the market cap of 466 S&P 500 companies (as of 7/16/18 close). $AMZN $SPY
Very excited to share my role
@Ally
has expanded to include covering personal finance. The combined convo about investing & all other aspects of money is so important for individuals. I am excited to be an ally (pun intended 😉) in that journey. Check my profile for my new title.
Someone call Jay Powell, inflation is over. The price of a tub of butter cost me 40% less than it did last month at the grocery store! (so I bought two, just in case)
Does Goldman laying off a couple hundred people (out of 40k employees), really signal the beginning of a bigger round of corp. layoffs? Sounds more like a fear tactic to bring people back to the office to me.
We blame the pandemic for employee burnout or exhaustion, but ever think it might have something to do with the lack of hiring, backfilling or focus on lean operations by corporations over the past decade?
Since 1980, the 10-2 year yield curve was flat to inverted 7 times and the
#Fed
cut rates each time in response. Only 4 of those inversions led to recessions. Data from
@StovallCFRA
#yieldcurve
Thinking of a couple reasons why tech leading isn’t like 1999/2000.
1. We are already in a recession
2. The 5 largest tech names have legitimate businesses & growth
3. Our economy is more levered/reliant on technology now than then
What else?
No one is talking about it... But earnings season was stellar: 78% of companies had better than expected earnings results, plus 2021 sales and EPS outlooks were raised.
How to advance your career:
Old way
- MBA
- Internal promo
- Work longer & harder
- Seek a similar job at a competitor
New Way
- Master job you were hired for
- Share thought leadership externally
- Community/social networking
- Self-education
Career ownership > Box checking
The bashing of Robinhood/retail investors shows what is wrong with the financial services industry, it is
#exclusive
. I understand implications from bottom fishing, but taking the 1st step in building wealth is important and shouldn't be made fun of. Let's educate new investors!
Decided to mess around on the internet and create a newsletter.
I named it The Shift. My goal is to shift the thinking about what careers and money are supposed to be about. I want to help people own their futures.
So please subscribe:
Happy 1st trading day of 2022! The Santa Claus rally is on, which is usually a positive sign for the year ahead. I wish you confidence in your investing this year!
A pair of Nike’s Air Max 1 Betsy Ross shoes sold on eBay for $15,000 after StockX (exchange for sneakers) prohibited the sale of the shoe on its site. The good old economics of supply and demand still work.
I have a theory.
Well maybe it’s a prediction.
More and more experienced employees are going to be more interested in doing part time or contractual work in the future.
Tell me I’m crazy.
This week's rally (+7%) is making me realize that last week's pull back (-5.6%) was all about the Blue Wave and had nothing to do with rising COVID cases.
We will never forget. Thank you to all that gave their lives on this day, to the brave first responders, and all those that fight for our freedoms every, single, day
#godblessamerica
🇺🇸🇺🇸🇺🇸
Housing market data is depressing, but housing related stocks are rebounding (off very low levels) as if the worst case has been priced in. Could that be good news for the broader market? Check out my Weekly Viewpoint
@Ally
@zachdcarter
I hear ya, I do. But what about all of us that paid for college on our own already? Honestly, it comes with a sense of ownership/pride when you pay those loans off. How about a reduction instead of eliminating? Maintain the
#responsibility
of the borrower.
Happy Friday!! I’m jumping back into the Twitterspher! Took a little break so I could start at
@Ally
as the Chief Investment Strategist of Ally Invest with a clear mind.
#DoItRight
It’s been a rough couple weeks, er should I say 6 months? It’s hard to call when stocks will bottom, but I’ve got a couple indicators you can keep your eye on for clues. My Weekly Viewpoint
@Ally
Some actions you can take now to strengthen your $FB security via
@cyberguy
on
@MorningsMaria
@MariaBartiromo
Remove apps on FB:
In FB go to Settings > Account Settings > Apps > Logged in with FB
The loud chorus that says earnings expectations need to be cut dramatically doesn’t take into consideration that some of the most beaten down sectors have already experienced EPS reductions. Check out my thoughts on this quarter’s earnings season
@Ally
I think the fear (or should I say panic) $WMT and $TGT have inserted into the market is really a inventory management issue specific to them. Not a market wide issue.
Does this annoy anyone else? If an
#airline
like
@united
is going to force me to use my phone to watch a movie don’t you think they should also provide me with a source of power? Battery is at 11% with 2 hours left in this flight.
To put today’s move into perspective: The S&P 500 rose 13% in the past month, and will still be up almost 39% since the March bottom if the market closed now
Is it just me or are our reactions to data getting more extreme? Before today a 1% increase by the Fed wasn’t even a twinkle in the most hawkish investor’s eye.
We’re out here acting like toddlers who aren’t getting our way.
The Fed's ready for liftoff, yet the path forward from here remains unclear. Lots of moving parts that the Fed and investors will have to navigate. My thoughts in my Weekly Viewpoint
@Ally
via
@StovallCFRA
Market declines >5.0% are fairly regular occurrences -- Since WWII, pullbacks (declines of 5%-9.9%) have occurred every 9 months, while corrections (10%-19.9% drops) happened every two years.
#history
#markets
S&P is 32% off the highs and there could be more ⬇️ w an economic downturn, but the market bottomed ~5.5 mo. after crossing -30% in past 2 recessions. That might feel like eternity, but can be a good time for dollar cost averaging in. This week’s thoughts:
Taking an alternative view here - More margin warnings are basically a forgone conclusion after this past week. I'm just saying.... Contraction in expectations does not mean there will be a contraction in actual results.
@Ally
Home of the free because of the brave. Happy Memorial Day to all those that serve, have served and the family’s of those that gave the ultimate sacrifice for our country. 🇺🇸🇺🇸🇺🇸🇺🇸
Charlie Munger left a giant legacy and lots of wisdom.
One of my favorite quotes:
“Like Warren, I had a considerable passion to get rich, not because I wanted Ferrari's -I wanted the independence. I desperately wanted it."
As someone that spent 15 years in NYC, today is somber. I hope are all reminded of how strong this country is when we unite.
Thank you to all that gave their lives on this day, to the brave first responders, & all those that fight for our freedoms every day 🇺🇸🇺🇸
#wewontforget