The Money GPS

Phase 2 Activated: Middle Class Has No Way Out!


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TOPICS AND TIMESTAMPS:

Cash is Trash 0:00

Markets 0:10

Economy 6:25

Meltdown 9:17

Tesla stock is trading below its S&P 500 inclusion price as investors worry about Elon Musk's Twitter deal and eye a bearish death cross | Business Insider India

https://www.businessinsider.in/stock-market/news/tesla-stock-is-trading-below-its-sp-500-inclusion-price-as-investors-worry-about-elon-musks-twitter-deal-and-eye-bearish-death-cross/articleshow/91772602.cms

S&P 500 falls, Snap warning drags tech as Nasdaq loses 2%

https://www.cnbc.com/2022/05/23/stock-market-futures-open-to-close-news.html

Market Reversal Boosts Big Dividend Stocks - WSJ

https://www.wsj.com/articles/there-is-a-rush-for-cash-on-wall-street-11653364425

Social media stocks sink to erase US$135 billion on Snap warning - BNN Bloomberg

https://www.bnnbloomberg.ca/social-media-stocks-set-to-erase-100-billion-on-snap-warning-1.1769807#:~:text=(Bloomberg)%20%2D%2D%20Social%20media%20stocks,growth%20and%20rate%2Dhike%20fears.

Snap Plunges, And There Goes Social Media’s Online Ad Biz - WSJ

https://www.wsj.com/articles/oh-snap-there-goes-socials-online-ad-biz-11653386581

New Zealand raises interest rates by 50 bps, signals more aggressive hikes

https://www.cnbc.com/2022/05/25/new-zealand-raises-interest-rates-by-50-bps-signals-more-aggressive-hikes.html#:~:text=New%20Zealand's%20central%20bank%20raised,higher%20level%20than%20previously%20forecast.

Great Resignation to continue, one in five likely to switch jobs: PwC

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The Money GPSBy David Quintieri

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