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Today the Dow Jones dropped over 200 points, marking its first 9-day losing streak since the 1970s.
The S&P 500 and NASDAQ also declined, while Nvidia remains in correction territory despite strong performance.
Additionally, November’s CPI showed inflation rose 0.3%, bringing the annual rate to 2.7%, above the target.
Investors anticipate a Fed rate cut of 0.25%, though some worry this move could be risky amid rising inflation.
#SentToWin #MarketWatch #BusinessNews
Christian journalist Julie Roys recently broke a story of an alleged cover-up at the Christian network (classified as a church for tax purposes).
Here’s our breakdown:
Daystar operates off of a reputation of doing the Lord’s work.
But now the perception is that Daystar only cares about money, power, and fame.
It's a salacious and ugly story. But it provides a warning for our own businesses:
Your sin will find you out.
Be above reproach and practice authenticity, especially if you claim the name of Christ in your business or ministry.
#SentToWin #Newsletter
The holidays have begun, and that means a lot of consumer activity. Christmas is, of course, the biggest holiday for retailers, but the whole season means a lot of economic action.
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Americans will buy over 200 million pounds of potatoes and 50 million pounds of sweet potatoes in the lead-up to the big day.
Big news in the airline industry, as Spirit files for backruptcy after years of mounting losses.
Fortunately for travelers, Spirit Airlines CEO said customers can still book tickets on the airline.
#SentToWin #SpiritAirlines
The U.S. markets saw record highs after the presidential election, with the Dow jumping 1,500 points for its best day since 2022.
GDP growth fell short of expectations at 2.8% for Q3, and bond markets are hinting at potential inflation ahead.
#SentToWin
The Larger Problem: Sharper Image felt that they weren’t the effortlessly cool company of old.
But instead of revamping the brand, money was thrown around, debt accumulated, and the company declared bankruptcy in 2008 after their stock went to zero.
The lesson is that even in a business known for luxury and coolness, companies still need discipline in its branding and decision-making processes.
Want the rest of the list of the best and worst pivots ever?
Check out the full article in our newsletter! senttowin.com/newsletters/
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