EPISODE · Jul 22, 2022 · 13 MIN
July 22, 2022 - Daily Market Briefing
from The Morning Market Briefing · host Narwhal Capital Management
Ben and Tom discuss Europe's economic data trending towards recession. Bonds are in, and people are loving them. Earnings reports are hitting some companies heavily, AT&T down almost 8%, FedEx is suspending Sunday deliveries, and consumer facing tech appears to be in a difficult season. Advertising heavy companies are also seeing big dips as META and Google are down 5% and 2% respectively, with SNAP down almost 30% as a result of decreased ad spending.For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefings
What this episode covers
Ben and Tom discuss Europe's economic data trending towards recession. Bonds are in, and people are loving them. Earnings reports are hitting some companies heavily, AT&T down almost 8%, FedEx is suspending Sunday deliveries, and consumer facing tech appears to be in a difficult season. Advertising heavy companies are also seeing big dips as META and Google are down 5% and 2% respectively, with SNAP down almost 30% as a result of decreased ad spending.For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefings
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July 22, 2022 - Daily Market Briefing
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