If you're searching for a consistent message from the markets, good luck.
Investors are sticking with a narrow group of stocks with strong earnings that are in the bag, and ignoring everything else. "Investors generally like a narrative that's really clear. Right now, there are a lot of multiple narratives in place," Fundsrat's Managing partner Tomas Lee said Tuesday on CNBC's " Worldwide Exchange ." You can say that again. In place of a single narrative, there is a string of contradictory competing narratives.
Cyclicals in 2023: no outperformance here S & P 500 up 13% Industrials up 5% Materials up 1% A slower economy should help value stocks, but value is dramatically underperforming growth on the year, and even in the last few months. Growth vs.
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Guinness World Record: Pepper X world’s hottest chili pepper, creator describes pain of eating itThe hottest chili pepper resides in South Carolina.
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‘Pepper X' named the world's spiciest pepper by Guinness World RecordsEd Currie, the South Carolina hot pepper expert who crossbred and grew the Carolina Reaper that’s hotter than most pepper sprays police use to subdue unruly…
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He held the world record for hottest pepper. Then his Pepper X dethroned it.Pepper X was declared the hottest pepper in the world by Guinness World Records.
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Stock market today: World markets edge lower as China reports slower growth in the last quarterShares are mostly lower in Europe and Asia after China reported that its economy grew at a 4.9% annual pace in July-September, down from 6.3% in the previous quarter. U.S. futures also fell, while oil prices jumped more than $1. On Tuesday, Wall Street drifted to a mixed finish after a report showed U.S.
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