Special Situations 🌐 Research Newsletter (Jay)
Barclays $BARC: Chance Fed tapers quantitative tightening next year in order to slow decline in bank reserves
$BARC estimates reserves will shrink to $2.1T by 1Q 2023, which may be close enough to where banks begin to bid up unsecured rates “so deposit rates increase abruptly”
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Barclays $BARC: Chance Fed tapers quantitative tightening next year in order to slow decline in bank reserves
$BARC estimates reserves will shrink to $2.1T by 1Q 2023, which may be close enough to where banks begin to bid up unsecured rates “so deposit rates increase abruptly”
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Special Situations 🌐 Research Newsletter (Jay)
Expected miss from $SHW Sherwin Williams in this past Sunday's Spaces:
Sherwin-Williams Co. slid in pre-market trading as stagnant demand in EU & China hurt sales for 2Q, prompting a slash in full-year adjusted earnings guidance also in part due to inflation pressure.
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Expected miss from $SHW Sherwin Williams in this past Sunday's Spaces:
Sherwin-Williams Co. slid in pre-market trading as stagnant demand in EU & China hurt sales for 2Q, prompting a slash in full-year adjusted earnings guidance also in part due to inflation pressure.
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Special Situations 🌐 Research Newsletter (Jay)
$SHW down 10% premarket:
-Sees adjusted EPS $8.50 to $8.80, saw $9.25 to $9.65, estimate $9.42
-Sees EPS $7.65 to $7.95, saw $8.40 to $8.80
-Net sales $5.87 billion, +9.2% y/y, estimate $6.01 billion
-Adjusted EPS $2.41 vs. $2.65 y/y, estimate $2.78
https://t.co/W7qgsS8MkB https://t.co/dxVIGnwwKn
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$SHW down 10% premarket:
-Sees adjusted EPS $8.50 to $8.80, saw $9.25 to $9.65, estimate $9.42
-Sees EPS $7.65 to $7.95, saw $8.40 to $8.80
-Net sales $5.87 billion, +9.2% y/y, estimate $6.01 billion
-Adjusted EPS $2.41 vs. $2.65 y/y, estimate $2.78
https://t.co/W7qgsS8MkB https://t.co/dxVIGnwwKn
Expected miss from $SHW Sherwin Williams in this past Sunday's Spaces:
Sherwin-Williams Co. slid in pre-market trading as stagnant demand in EU & China hurt sales for 2Q, prompting a slash in full-year adjusted earnings guidance also in part due to inflation pressure. - Special Situations 🌐 Research Newsletter (Jay)tweet
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Special Situations 🌐 Research Newsletter (Jay)
F45 Training $FXLV shares plummet as much as 57% after the fitness studio operator’s CEO and founder Adam Gilchrist stepped down and the company lowered its guidance. https://t.co/FTZs5Wsp0B
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F45 Training $FXLV shares plummet as much as 57% after the fitness studio operator’s CEO and founder Adam Gilchrist stepped down and the company lowered its guidance. https://t.co/FTZs5Wsp0B
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Special Situations 🌐 Research Newsletter (Jay)
Hot Take: GDP print tmrw won't really matter. White House and the Fed have already shared that they think GNI and tax receipts matter more and are better indicators of economic strength...Yellen's press conference will be interesting.
Consensus for GDP is 0.4% vs -1.6% last Q
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Hot Take: GDP print tmrw won't really matter. White House and the Fed have already shared that they think GNI and tax receipts matter more and are better indicators of economic strength...Yellen's press conference will be interesting.
Consensus for GDP is 0.4% vs -1.6% last Q
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Jim OShaughnessy
"Now the trick is obvious. You can access your internal experience, and you know what kind of things you’re pretending."
~@slatestarcodex
Forer Statements As Updates And Affirmations https://t.co/0R86sxsgbf
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"Now the trick is obvious. You can access your internal experience, and you know what kind of things you’re pretending."
~@slatestarcodex
Forer Statements As Updates And Affirmations https://t.co/0R86sxsgbf
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Jim OShaughnessy
Always good stuff from @LibertyRPF: Check out the stock market graph and true size of Africa.
311: Big Tech Hiring, Shopify Layoffs, Facebook VR, Amazon, Intel + MediaTek, TSMC & Samsung Cheating?, US Power Grid, and Tony Hawk, by @LibertyRPF https://t.co/9PycNmmTZy
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Always good stuff from @LibertyRPF: Check out the stock market graph and true size of Africa.
311: Big Tech Hiring, Shopify Layoffs, Facebook VR, Amazon, Intel + MediaTek, TSMC & Samsung Cheating?, US Power Grid, and Tony Hawk, by @LibertyRPF https://t.co/9PycNmmTZy
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Special Situations 🌐 Research Newsletter (Jay)
$SHOP Shopify now up after missing...
“We now expect 2022 will end up being different, more of a transition year, in which e-commerce has largely reset to the pre-Covid trend line and is now pressured by persistent high inflation,” the Ottawa-based company said.
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$SHOP Shopify now up after missing...
“We now expect 2022 will end up being different, more of a transition year, in which e-commerce has largely reset to the pre-Covid trend line and is now pressured by persistent high inflation,” the Ottawa-based company said.
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