As we head into Memorial Day Weekend, we’ll touch on some of the biggest headlines including Trump’s Media company woes and an endless shrimp promotion leading to bankruptcy for Red Lobster. And with the bears dropping out of the conversation, we’ll look at forecast grades for industry experts and how long-term optimism plays into the equation.
Key Takeaways
[03:25] - Trump Media hardships
[06:37] - Red Lobster and the Endless Shrimp Investigation
[09:52] - The business of weight loss
[12:45] - Grading gurus and optimists over the long term
[19:33] - Inflation update: rent + auto prices
Links
Trump Media, valued at $7 billion, booked less than $1 million in first-quarter sales
Red Lobster: The endless shrimp investigation
WSJ: Red Lobster gets stung by endless shrimp
Hims & Hers rallies after launching affordable Wegovy alternatives
Nestlé launches frozen food brand aimed at weight-loss drug users
JP Morgan's Kolanovic is the last prominent bear as Mike Wilson folds
CXO Advisory’s guru grades
Detrick: Why is better inflation data coming?
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Doug Stokes
Greg Stokes
Stokes Family Office
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Disclosure
The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision.
