All Hell Breaks Loose: BlackRock, JP Morgan, Blue Owl, OpenAI

All Hell Breaks Loose: BlackRock, JP Morgan, ...

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McDonald's Reveals Americans Have Hit Their Breaking Point

McDonald’s CEO says the consumer environment is certainly not improving and may be getting a little worse after the company reported better than expected past results. Those mainly before the gas prices jumped. Jumping over to big ticket items like appliances, Whirlpool, the comp ...  Show more

On No... Now HSBC is in Trouble

The stock market was not happy with HSBC. The banking giant reported what should have been a small nothing, a $400mm loss on a loan to an Irish entity with a name that sounds like a Star Wars droid. AGF WHCO 1-A5. But that $400mm loan and loss ended up pulling back the curtain a ...  Show more

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JPM Raises Recession Odds, Lilly Blows Past Estimates, Warner Bros. Discovery Disappoints 8/8/24
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David Faber and Jim Cramer began the hour by breaking down another volatile day for the markets, with the major indices coming off their 4th negative session in 5. JPMorgan also raised their odds of a U.S. recession by year end to 35%. A big earnings mover today included Eli L ...

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All Eyes on Jobs Data
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Our CIO and Chief US Equity Strategist explains why there’s pressure for the August jobs report to come in strong -- and what may happen to the market if it doesn’t. 


----- Transcript -----


Welcome to Thoughts on the Market. I'm Mike Wils ...

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