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mcxavier.bsky.social
McFinance
@mcxavier.bsky.social
Talks about finance.
What a boring half time show!
Thoughts ?
February 12, 2024 at 1:35 AM
Jay Peak - Amazing skiing conditions today!!
January 15, 2024 at 10:55 PM
Inflation increased more than expected in December, signalling possible delays in the expected rates cuts by the feds and dragging the market lower.

CPI : 3.4% (Est. 3.2%)
Increasing most : Shelter (6.2%)
Decreasing most : Energy (-2.0%)
How new inflation numbers complicate the Fed's next move on rates
A new reading on inflation out Thursday offers another challenge to investor expectations of a Federal Reserve rate cut in March.
finance.yahoo.com
January 11, 2024 at 7:13 PM
Alibaba: A Dirt Cheap Buy.

Despite double-digit top/bottom growth the stock is down to 72$ (320$ in 2020), implying a 9X 2024 P/E. Morningstar’s Wide Moat rating for BABA implies a 20+ years of competitive advantage. Furthermore with over $20B annual FCF, BABA is aggressively repurchasing shares.
Alibaba’s Stock Buybacks Rise in 4th Quarter to $2.9 Billion; Investors Want to See More
The Chinese e-commerce giant bought back $9.5 billion of stock during 2023, a net reduction of 3.3% of its shares outstanding.
www.barrons.com
January 11, 2024 at 6:24 PM
Hertz Alert: Management's decision to sell 20K EVs highlights renewed cost challenges and sends contradicting messages to investors about their 2024 EV transition goal.
January 11, 2024 at 1:38 PM