TLDR

MARKET RECAP → Stocks rang the bell on Friday, closing out a strong weekly gain ahead of next week’s Fed interest rate decision.

BOEING WORKERS STRIKE OVER CONTRACT→ ✈️ Boeing workers went on strike after rejecting a contract over wages and benefits, raising concerns about potential production delays and highlighting broader labor tensions across industries.

JEEP'S CEO PUSHES TURNAROUND PLAN →🚙 Jeep's CEO unveiled a turnaround plan focusing on electric vehicles to reverse sales declines, but rising costs and tough competition left investors cautiously optimistic.

Was this email forwarded to you? Sign up for free here.

MARKETS

Today’s S&P 500 Heatmap

Notable Earnings This Week

TODAY’S TOP NEWS

Boeing Workers Strike Over Contract

✈️ Thousands of Boeing workers went on strike after rejecting a proposed labor contract, citing concerns over wages, benefits, and job security. The union representing the workers argued the offer didn’t adequately address inflation and rising living costs.

💼 Boeing attempted to reassure stakeholders, stating that negotiations would continue and operations wouldn’t be significantly impacted. However, the strike raised concerns about potential production delays, especially for the company’s commercial jet program.

🔧 The walkout underscored broader labor tensions across industries, with workers increasingly pushing back against contracts that fail to meet their demands amid economic uncertainty. Investors watched closely as negotiations continued, wary of long-term disruptions.

TODAY’S TOP NEWS

Jeep's CEO Pushes Turnaround Plan

🚙 Jeep’s CEO outlined a bold turnaround plan after recent sales declines in key markets, particularly North America and Europe. The company aimed to revitalize its product lineup and ramp up production of electric vehicles (EVs) to stay competitive.

⚡ Central to the strategy was a major push into the EV space, as Jeep sought to transition away from its gas-guzzling roots. The brand committed to launching several new electric models over the next few years, targeting eco-conscious consumers.

📉 Despite the ambitious plan, Jeep faced challenges including rising production costs and stiff competition from other automakers in the growing EV market. Investors were “cautiously optimistic” (not the best phrase), waiting to see if the strategy could reverse the recent sales slump.

BULL VS. BEAR

NOTABLE POSTS

KEEP READING

Where to Invest $100,000 Right Now (Bloomberg - Paywall)

Adobe shares fall 9% on weak fourth-quarter guidance (CNBC)

Americans lost a record $5.6 billion to crypto scams last year, says FBI—this is the No. 1 kind to watch out for (CNBC)

Federal Reserve will opt for slow policy easing as there's 'still work to do' on inflation, Fitch says (CNBC)

ChatGPT maker says its new AI model can reason and think ‘much like a person’ (CNN)

How To Negotiate With Debt Collectors (ML)

Should I Pay Off Debt Or Invest? (ML)

WHAT WE’RE WATCHING

OUR FAVORITE TOOLS & RESOURCES

• Quiver Quantitative — Quiver allows retail investors to tap into the power of big data with insights into things like congressional trades as they are disclosed

• Perplexity — Perplexity AI is an AI-chatbot-powered research and conversational search engine

• The Market Ear — Live news, analysis and commentary on what moves markets and trading

• Coinmarketcap.com — Crypto market data

• Finviz — Financial visualizations

• Trading Economics — Economic calendar

• CME FedWatch Tool — Market-implied probabilities of future levels of interest rates 

• Dataroma — Track stock picks and portfolios of legendary value investors such as Warren Buffett

• ChatGPT — Large language model-based chatbot powered by generative AI

• Notion AI — Notion AI is a writing assistant that can help you write, brainstorm, edit, summarize, and more

• Vimcal — Lightning-fast calendar and AI scheduling assistant

^{_{The Bull vs. Bear Merchandise Promotion is a limited time campaign that begins on December 1, 2023 at 12:00 AM ET and ends on the date that there are no more Rewards. This Promotion is available to any registered MoneyLion user who is a legal resident of the 50 United States or the District of Columbia and who has reached the age of majority in their state as of the beginning of the Promotional Period. See terms and conditions here.}}

<sup><sub>This advertising email was sent to you because you have a MoneyLion account. If you would like to unsubscribe, please do so using this link. We respect your right to privacy. Please do not reply to this email with sensitive information, such as an account number, Social Security number, date of birth, bank account information, PIN, password, or Online ID. The security and confidentiality of your personal information is important to us. If you have any questions or want to read more, please visit our Help Center.

MoneyLion and Pathward do not provide, nor do they guarantee, any third-party product, service, information, or recommendation. The third parties providing these products or services are solely responsible for them, as well as all other content on their websites. MoneyLion is not liable for any third party’s failure with regard to those advertised products, services, and benefits. These advertised products and services may not be FDIC insured or bank-guaranteed, and may be subject to a different privacy policy than MoneyLion’s. You should check individual offers, products, and services to become familiar with any applicable restrictions or conditions that may apply. MoneyLion may receive compensation from third parties for referring you to the third party, their products or to their website.

The influencer, creator and other content provided in the MoneyLion App (“Content”) is for informational and entertainment purposes only and should not be construed as legal, tax, investment, financial, or other advice. All Content is intended to be of a general nature, does not address the circumstances of any particular individual or entity, and may not constitute a comprehensive or complete statement of the matters discussed. MoneyLion is not a fiduciary by virtue of any person’s use of or reliance on the Content. You should consult an appropriate professional if you require any legal, tax, investment, financial or other advice. Terms and Conditions for our subscriber referral can be found here.</sub></sup>