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🧠The Weekly Scoop
Explaining every trend affecting your job, home, and investments
Augustus Christensen & Scoops Team
May 03, 2024
Hey friend - it was a wild week. I hope you enjoy the weekend!
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Here’s what you need to know this week.…
Catch up on the conversation:
This biggest shift this week came from investors starting to catch on that most Americans are struggling. The prevailing theme of the last several months has been that the economy is doing really well. In February and March, the fear was that it was doing too well and causing more inflation. First-quarter financial updates from the world’s biggest businesses provided clarity this week: people can barely afford McDonald’s, and the inflation is coming from unrelenting corporate price hikes, not rising incomes.
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