TJM Managing Director Reacts to Market Position After End-of-Week Turnaround
TJM managing director Timothy Anderson joined Cheddar News and provided a reaction to the stock market closing position after making a turnaround late in the week. He also talked about about the Fed's inflation gauge remaining highly elevated.
As inflation-weary consumers cut back on dining out, brands like McDonald’s are relying more heavily on celebrity and influencer endorsements to move the needle
Plus, Starbucks reported its first quarter of declining sales and earnings since the pandemic, Biden tries to tackle the national debt and Warren Buffett is set to host the annual meeting of his investment firm Berkshire Hathaway.