- Stocks & Income
- Posts
- ๐ The Nasdaq topped 20k
๐ The Nasdaq topped 20k
โ Plus, FBI Director says goodbye
Itโs still bloody cold in Spain.
Grocery-Anchored Commercial Properties
Stable places where people live, shop and eat
โFirst National Realty Partnersโ offers accredited investors unique opportunities to invest in grocery-anchored commercial real estate.
These are properties that have a supermarket or grocery store as their primary tenant.
Grocery stores serve as the main draw (or "anchor") for shoppers, attracting consistent foot traffic to the property.
Grocery-anchored tenants are generally considered more stable and lower-risk investments within the retail real estate sector because grocery stores tend to perform well โeven when times are badโ (after all, groceries are a basic necessity).
Disclaimer
๐ฐ Market Headlines
Stocks finished mixed, with the Nasdaq reaching a record close, as investors digested a key November inflation report.
The Dow slipped 0.22%, The S&P 500 gained 0.82%, and Nasdaq advanced 1.77%, topping 20,000 for the first time.
US inflation climbed to 2.7% in November, the highest since July, with core inflation holding at 3.3%.
The Supreme Court rejected Nvidia's appeal of an investor lawsuit tied to crypto mining.
FBI Director Christopher Wray announced his resignation, clearing the way for Trump nominee Kash Patel.
Police recovered a detailed notebook from Luigi Mangione describing his plan to kill UnitedHealthcare's CEO at the company's investor day.
๐ซ Training Day
We share a course, book, or other resource every Thursday to help you level up your investing game. Todayโs the day you get smart about investing in startups.
Holloway Guides are comprehensive digital books, meticulously researched and authored by experts.
Their Guide to Angel Investing is a comprehensive digital guide for novice and experienced angel investors and founders seeking to understand the angel investment process.
Their Guide to Raising Venture Capital offers practical advice for entrepreneurs seeking funding, including insights into the venture capital ecosystem, strategies for finding investors and understanding the funding process.
Weโve partnered with Holloway to offer Stocks & Income members at special prices. ๐
๐ง Make yourself heard
๐ต๐ปโโ๏ธ This whole Luigi Mangione thing... |
๐ Ideas, trends, and analysis
Rent Inflation in the United States decreased to 4.70 percent in November from 4.90 percent in October 2024. Rent Inflation in the United States averaged 4.22 percent from 1954 until 2024, reaching an all-time high of 20.85 percent in June of 1980 and a record low of -0.73 percent in April 2010.
Rents slowed to their lowest pace in nearly 3.5 years.
Trump's incoming tariffs and mass deportation plans could threaten inflation progress in 2025.
๐ฑ Fear and Greed Index
๐ Winners and losers
Get $20 free shares at โpublic.comโ using code ALTSCO.
Earnings, upgrades, and acquisitions
Vera Bradley reported a 30% drop in Q3 sales; shares tumbled 13.9%.
Adobe forecast annual revenue was below Wall Street's estimate as shares dropped 6%.
Macy's accounting error scandal caused shares to drop 10%.
Market movers
Bank of America promoted 387 employees to managing directors.
Volkswagen offered Tennessee workers a 14% wage raise over four years and profit sharing.
Boston Dynamics cut 45 jobs, citing cash burn concerns.
LL Bean announced 50-75 layoffs due to retail landscape changes.
๐ Global Perspectives
๐ง๐ท Brazilian police dismantled a $166 million illegal mining scheme stealing gold from Indigenous lands.
๐ฐ๐ท South Korean police raided the presidential office as prosecutors weighed insurrection charges against President Yoon.
๐ฆ๐ซ Taliban refugee minister Khalil Haqqani died in a suicide bombing inside Kabul.
๐ฉ๐ช Germany's far-right AfD party nominated Alice Weidel as its first-ever chancellor candidate while polling at 19%.
๐ Crypto
Commonware raised $9 million to build developer tools that break the one-size-fits-all mold.
Citi says stablecoins challenge the idea of Bitcoin ending the US dollar's dominance.
Fifth Circuit ruled the Treasury Department overstepped by sanctioning Tornado Cash's code instead of bad actors using it.
Solving a Silent Threat to Your Health
Chemical pesticides are being used in our food, homes and offices. But Med-X has developed a 100% chemical-free pesticide proven to outperform traditional solutions in mosquito control. For a limited time, you can become a shareholder as they expand to 41 new global markets.
๐ค What you said last time
What you had to say:
โI'd bankrupt the fossil fuel industry.โ
๐ง Errata
Archaeologists unearthed a 2,500-year-old shipwreck off Sicily's coast.
Scientists discovered the world's deepest blue hole in Mexico, plunging 1,380 feet into the ocean floor.
A Korean mathematician finally cracked the moving sofa problem after 58 years. [Ed: surely he could have got a friend to help if heโd just offered some pizza and beer]
Japanese artist Murakami blended AI and anime to reimagine 16th-century masterpieces.
๐บ What to Watch Today
Thatโs all for today. Did I miss anything? Smash the reply button to let me know.
Cheers,
Wyatt
Reply