Daily Scoop 12-7

👋 Your Tuesday Scoops - Goldman benefits & no more overdrafts

Today's Scoop:Cruising

Big Picture

  1. Markets had their best day in months.

  2. Rent prices are rising rapidly from record-low supply.

  3. Coffee prices are the highest they've been in over a decade.

The Market 

⬆️

+2.1%

S&P 500: 4,686.75

1Mo:

-1%

| 1Yr:

+27%

| 5Yr:

+107%

Markets had their best day since March as investors continued yesterday's optimism that the next wave of infection won't be as deadly. Demand for apartments is drastically outpacing supply. Apartment occupancy rates rose to an all-time high of 98% last month, pushing rental prices up over 20% in many major cities. Meanwhile, poor weather conditions in Brazil and disruptions at other major exporters like Vietnam and Indonesia have pushed coffee futures prices to the highest level in over a decade.

Company Scoops ❤🌎💰

(Click to dig in & vote your reaction, see how others feel)

Anheuser-Busch's

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Goldman Sachs

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Kohl's

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Capital One

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Ford

(These links only work for 24 hours while the story is live)

🤓 Inside Scoop...

Market fluctuations are totally normal. When you see the market move more than 2% in either direction in a given day, that's notable.

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