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Daily Scoop 22-2-14

Daily Scoop 22-2-14

👋 Your Monday Scoops - IBM's dinobaby backlash & Under Armour wants back in the game

February 14, 2022

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Today's Scoop:Shaky

Big Picture

Inflation is already really high.
Russia-Ukraine tensions risk higher prices.
Policymakers might cut back stimulus even faster than expected.

The Market

⬇️

-0.4%

S&P 500: 4,401.67

1Mo:

-4%

| 1Yr:

+12%

| 5Yr:

+87%

Markets stumbled into the week on the back of more Russia-Ukraine uncertainty. The

escalating geopolitical tensions raise concerns about international trade

, among other things, while supply chains are still recovering.

Last week, the Labor Department reported the fastest one-year rise in consumer prices in over 40 years.

Inflation is at 7.5%,

with gas prices currently 40% higher than a year ago.

The tensions in Eastern Europe have been sending prices for Russian-sourced commodities like oil and palladium higher and higher. Over the past year, supply chain disruptions have been the main driver of inflation, so the risk of sanctions, war, or

further trade disruptions could push inflation to a more severe level

According to St. Louis Fed President James Bullard,

policymakers are considering raising interest rates even more quickly

next month, aiming to slow down economic activity that furthers inflation.

Company Scoops ❤🌎💰

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

IBM

sued for wanting "dinobabies" "extinct"

Expedia's

finally back in the air

Apple's

raising pay for Geniuses

Zillow's

big flop in flipping

Under Armour's

return

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

🤓 Inside Scoop...

Earnings, aka profits, are the talk of the town at the end of every quarter. Companies report their "Earnings Per Share," or "EPS," to help investors understand the company's profitability per a single share of stock. If you're a shareholder, EPS is your share of the profits. It's helpful as an incremental way for investors to track whether a company is growing its earnings consistently. In theory, those profits could be distributed out to shareholders in cash as a "dividend," but really, it's just a standardized way of measuring the company.