Dallas Fed Pres. Kaplan
- US economy to grow up to 20% in 3Q (it fell -32% in the 2Q)
- virus resurgence has muted US economic recovery
- US economy rebounding, but not as quickly as may have
- the big challenge ahead is how to manage the virus
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Giggles bets crypto on memes, aiming for high user engagement. High risk, but potential for viral returns.
RH, TREX, THO face sales dips & rising debt. Avoid these; look for momentum stocks with strong fundamentals.
Diesel prices hit $5.64/gal, up 24 cents, with futures at $4.41. Physical markets show steep backwardation, signaling higher costs.
EXTR CEO sells 50K shares ($765K) near 52-wk low. Valuation at 12x P/E, 15.8% YTD return.
Building materials stocks fell 11.4% post-earnings. CSL beat revenue, SHW beat revenue but missed EPS guidance.
Furniture stocks mixed Q4: WSM beats margins, SNBR beats EPS, ARHS leads revenue. All down post-earnings.
Netflix's low churn rate amid price hikes shows customer loyalty & strong margins. It's a utility-like strength.
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