July 22, 2022 - Daily Market Briefing
Ben and Tom discuss Europe's economic data trending towards recession. Bonds are in, and people are loving them. Earnings reports are hitting some companies heavily, AT&T down almost 8%, FedEx is suspending Sunday deliveries, and consumer facing tech appears to be in a difficult season. Advertising heavy companies are also seeing big dips as META and Google are down 5% and 2% respectively, with SNAP down almost 30% as a result of decreased ad spending.
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