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Stocks had a mixed close yesterday as tech shares continued their epic rise, leaving value shares in the dark, cold shadows. The latest GDP estimate for last quarter was revised upward leaving many wondering if a late-year recession is really in the offing. Time to make the donuts. At one point, I thought I am…
ChatGPT is an artificial intelligence (AI) language model developed by OpenAI, based on the GPT-3.5 architecture. It is designed to generate natural language responses to user queries and conversations in a wide range of domains, including general knowledge, entertainment, finance, and more. The model is trained on a massive amount of text data, which allows…
Stocks traded lower yesterday as debt ceiling talks weighed on investor sentiment… for obvious reasons – inaction being at the top of the list. According to minutes from their last meeting FOMC members are divided on whether to keep rates here or whether to raise them higher. Double-sided saber. I wanted to start this morning’s…
Stocks soured yesterday following the no-results-producing talks about the debt ceiling in Washington. New Home Sales unexpectedly jumped in April, a sign that buyers are turning to builders to fill the supply gap. Do you get FOMO? Yes, FOMO, or Fear Of Missing Out. Don’t worry if you do because you are not alone. I…
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