BLS revisions pushed core inflation higher in 2022. Annualizing the last 3mo of core CPI now gives us 4.3% as of Dec vs the the 3.1% it was before revisions.
@Futurenvesting Search and the new GPT services are extremely profitable. The answer is the charts you shared. Google has 28B market share and Microsoft has 52B market share for cloud services. More companies will be adopting Microsoft GPT services vs Google. It already started.
The S&P 500's forward PEG ratio (i.e., P/E to expected growth, or how much you're paying for potential growth) is a lot higher now vs a year ago (1.54 vs 1.04). Only Energy & Utilities have lower PEGs now vs then. Rather take my froth on a cappuccino than in markets.
Walmart-backed fintech startup plans to launch its own buy now, pay later loans. Marqeta powers this new solution. #fintech#fintechnews $MQ $SOFI
cnbc.com/2022/12/09/wal…
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