For the past five years, the S&P 500 has averaged a 4.2% decline in September. This year began no differently. On the first trading day of the month, the S&P 500 dropped 0.69%.
Might add India continuing to buy Russian oil and shrugging off tariffs -- this actually reduces upward pressure on oil prices, as India is buying from Russia at previously agreed discounted prices. Will have an effect on US consumption of Indian B2B services.
Also, we got the image of a sitting US President benefiting from his own pro-Crypto policies by launching a new token and increasing his family's wealth by a cool $5 billion...
I'm not sure I understand the reason behind recent conglomerate spin-offs. It worked for Johnson & Johnson and GE but those companies had a bunch of different businesses mashed together. For these recent food ones (Kellogg, Keurig/DP, and Kraft Heinz) it doesn't quite make as much sense from an ongoing concern perspective. Maybe the idea is just to set one part off on its own as a target for private equity.
Might add India continuing to buy Russian oil and shrugging off tariffs -- this actually reduces upward pressure on oil prices, as India is buying from Russia at previously agreed discounted prices. Will have an effect on US consumption of Indian B2B services.
Also, we got the image of a sitting US President benefiting from his own pro-Crypto policies by launching a new token and increasing his family's wealth by a cool $5 billion...
I'm not sure I understand the reason behind recent conglomerate spin-offs. It worked for Johnson & Johnson and GE but those companies had a bunch of different businesses mashed together. For these recent food ones (Kellogg, Keurig/DP, and Kraft Heinz) it doesn't quite make as much sense from an ongoing concern perspective. Maybe the idea is just to set one part off on its own as a target for private equity.
Supposedly it's growing versus mature industries. In practice, of course, nothing is ever so straightforward...