Daily Scoop 9-21 (2)

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Today's Scoop:Weak

Big Picture

1. China's real estate market might be in trouble.

2. Policymakers are deciding whether to phase out the stimulus.

3. Major oil companies are seriously reconsidering their futures.

The Market 

⬇️

-0.1%

S&P 500: 4,354.19

1Mo:

-3%

| 1Yr:

+31%

| 5Yr:

+101%

Markets attempted a comeback from yesterday's plunge, but couldn't quite hold it. Some investors are worried about a 2008-like domino effect from the impending collapse of a big real estate company in China, others are just generally nervous. Covid infection rates remain a concern. The Federal Reserve meets this week to decide whether they'll start cutting back on the stimulus.

Company Scoops ❤🌎💰

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

J&J's

boosted efficacy

-

BP's

saying goodbye to fossil fuels

-

Apple's

learning to monitor your mind

-

DoorDash

delivers alcohol

-

Twitter's

misleading numbers

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

🤓 Inside Scoop...

The Federal Reserve, aka the Central Bank, is in charge of interest rates and the money supply. If they think inflation is getting too high, they'll increase interest rates and decrease the money in the system to stop the economy from overheating.

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Webull

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