Charts to Chew On: A Tumultuous Turkey Day.
Contextualizing monthly consumer sentiment and market momentum. Data as of November 30, 2022.
‘Twas the night before Thanksgiving, when all through the house — not an aunt, uncle, or cousin could put down their phones, for fear of missing out.
The tweets kept flying with so little care; from SBF stories to Mastodon musings, Techtopia as we know it was barreling towards despair.
The takeout turkey was nestled all snug in the fridge, for food inflation had weighed on our willingness to cook just a smidge.
And while founders remained in front of their laptops, working through the holidays with their teams on Slack; (the worst kinds of) investors merely voice dictated away from the golf course giving them flak.
Though enough Black Friday buyers appear poised to reinvigorate Q4 earnings, the market’s potential for a Santa Claus rally still remains a bit concerning.
With layoff lists expanding and crypto seemingly poised for a crash landing, it would appear that football of all kinds would serve as one of the few sources of happy Thanksgiving week headlines.
May your hangovers be well nursed and your holiday party season gay; happy holidays to all, and to all a good Thursday!
Note: Data reflective of November 30, 2022. This does not constitute investment advice.
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