EPISODE · Nov 7, 2022 · 18 MIN
November 7, 2022 - Daily Market Briefing
from The Morning Market Briefing · host Narwhal Capital Management
Ben and Tom discuss China's "Zero-Covid" Policy and its impact on the global market, primarily the slowing of Apple's production of new iPhones. Meta plans large-scale layoffs, and Apple released a short, somewhat odd press release blaming the city of Zhangzhou, and their Covid policy, on the slowing iPhone production. Berkshire Hathway saw negative EPS, and Buffet released a somewhat odd statement - essentially he claimed that anyone nervous about negative earnings for Berkshire didn't understand accounting. Elections on Tuesday and CPI on Thursday.For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhalcapital.com/disclosure
What this episode covers
Ben and Tom discuss China's "Zero-Covid" Policy and its impact on the global market, primarily the slowing of Apple's production of new iPhones. Meta plans large-scale layoffs, and Apple released a short, somewhat odd press release blaming the city of Zhangzhou, and their Covid policy, on the slowing iPhone production. Berkshire Hathway saw negative EPS, and Buffet released a somewhat odd statement - essentially he claimed that anyone nervous about negative earnings for Berkshire didn't understand accounting. Elections on Tuesday and CPI on Thursday.For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhalcapital.com/disclosure
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November 7, 2022 - Daily Market Briefing
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