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Mayday, Mayday, Mayday

Stocks ended the month on a sour note yesterday as investors could not find any comfort, anywhere from the looming Fed decision expected today. Consumer confidence dips into 2022 range as respondents are unsure about the future. Trick or treat. Hang on, let me blow the dust off this page in my Wall Street book…

A Quick Primer on Corporate Social Responsibility (CSR)-Driven Investments

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…

Eli Lilly’s oversized forecast injects buying sentiment in its stock

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…

How do they do that, those economists

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…

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