Stocks gained yesterday on positive earnings. Traders are on edge ahead of today’s FOMC meeting – they are getting ready to take some tough medicine. Breaking the bad news. Back in the day, you would hear this on Fed day: “our man at the Federal reserve will now read the decision of the Federal Open…
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In 2008, researcher Alexander Dahlsrud examined 37 different definitions of Corporate Social Responsibility (CSR)1 . That was 15 years ago, and you probably may not be surprised to learn that there is still not 1 overarching, accepted definition. Of Dahlsrud’s 37 definitions, one of my favorites is “CSR is the voluntary assumption by companies of…
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How do they do that, those economists
April 29, 2024
Stocks rallied on Friday, ushered higher by the high priests of AI growth Microsoft and Alphabet. Inflation numbers came in higher than expected, confirming what the markets already expected. What do you say? Last Friday’s inflation number came in on the higher end of economists’ estimates. If you polled them over the watercooler, they would…
Nothing artificial about AI contributing to earnings
April 26, 2024
Stocks fell yesterday because there was literally no good news to be found in a sea of worry. Well, maybe there was some good news, but it would have taken too much imagination to convert it to gains. Grounded. If you didn’t read my report yesterday, the session would have appeared to be another one…
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