Multinational is one thing, but 2022 has not been the year for stocks to have a truly international presence. According to analysis from Goldman Sachs, S&P 500 companies with high domestic sales exposure have been outperforming stocks with high international sales by 9 percentage points. Granted, it’s not a great performance, with the domestic basket … Read more
Stocks are on the rebound again, at least that’s the vibe from futures. That’s a day after Federal Reserve Chair Jerome Powell confirmed to lawmakers, what markets already knew – that a soft economic landing might be tricky while taming the inflation beast. Along with average investors, hedge funds have had a rough start to … Read more
Look out above, the dip buyers are back in town. Stocks are soaring – for now – as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress this week. The buying mood comes after the S&P 500’s worst week since March 2020, including its fall … Read more
One Tesla model topped another to rank as the most “American-made” vehicle for 2022 in this long-running index that judges contenders based their US-based assembly line, major parts sourcing and other features. It’s Tesla’s TSLA, + 9.35% Model Y earning the No. 1 ranking from Cars.com this year, the auto listing and news site announced … Read more
Image: Prodrive When the fine folks at Prodrive revealed plans to resurrect the Subaru Impreza 22B STi, the car internet appeared to receive the news with a vague mix of heightened interest and exhaustion. Interest because who would not be excited at the prospect of a modern interpretation of the baddest Impreza ever made? (It’ll … Read more
Image: Prodrive When the fine folks at Prodrive revealed plans to resurrect the Subaru Impreza 22B STi, the car internet appeared to receive the news with a vague mix of heightened interest and exhaustion. Interest because who would not be excited at the prospect of a modern interpretation of the baddest Impreza ever made? (It’ll … Read more
Electric vehicle maker NIO has been stuck in a range of roughly 10,000 monthly deliveries for almost a year. Courtesy Nio Text size Chinese electric vehicle maker NIO offers a cautionary tale for Tesla investors. What happened to its shares could happen to Tesla ‘s if volume growth at Tesla follows a similar path as … Read more
Look out above, the dip buyers are back in town. Stocks are soaring – for now – as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress this week. The buying mood comes after the S&P 500’s worst week since March 2020, including its fall … Read more
Today’s Nice Price or No Dice Isuzu is one of the best-looking cars ever to come out of Japan, which makes it a shame for it to have never been officially offered here in America. Let’s see if the price on this privately-imported example is equally as handsome. These days, being a smoker in public … Read more
Photo: Steve DaSilva People are falling behind on their car loans, Toyota is idling production lines, and Audi is suing NIO over copyright infringement. All that and more in The Morning Shift for June 16, 2022. 1st Gear: Surely This Bodes Well For The Economy At Large Ford’s CFO, John Lawler, said on Wednesday costs … Read more