Recap May 2: Food Prices Exploding – Corporate Profits are Huuuuge (Recap ep121)

In today’s recap, we start analyzing how food prices rise above the official inflation rate and see how most corporates reported their earnings and showed great profits. Of 124 companies in the U.S. S&P 500 index that have reported Quarter 1 results to date, 85.5% have already topped analysts’ earnings estimates, with Refinitiv IBES data now predicting a +34.3% jump in profit growth. Both the S&P 500 & Dow Jones Industrial Average are to finish a 3rd consecutive monthly gain today, up [...]

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Everything you need to know to learn how to trade and invest in the stock. We are starting this podcast a weekly recap of the financial markets and economy in order to allow you to start to understand how they work. We have been teaching traders in the stock market for nearly 10 years now and our founder Marcello Arrambide has been in the markets for nearly 18 years. With combined experience of over 90 years this is one your one stop shop to learn how to trade in the stock market.