Consumer Staples Check-Up, a U.S. Credit Crunch, and Closing Out the Trading Week 04/21/23
Morning Call
00:00
Goldman Sachs' Bullish Forecast for US Credit
US investors pulled nearly $69 billion from US money market funds in the week ending April 19th. Facebook parent meta platforms is now worth more than Tesla after the automaker stock lost some $55 billion in market value yesterday on the heels of a disappointing earnings report. Bertha Coombs: It's amazing that Elon Musk can offer LeBron James a scholarship for a blue checkmark given that he's lost so much money now.
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