Weekly Wrap For The Week Ending May 13th, 2022

Weekly Wrap For The Week Ending May 13th, 2022

almost 2 years ago1 min

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Key takeaways from this week:

  • While April's US inflation data came in lower than the month before, it was still higher than expected – a sign that any dropoff in price rises is bound to happen painfully slowly
  • Toyota sold its second-highest number of cars ever in its last financial year, but rising costs mean the world's biggest carmaker gave a grim outlook for the year ahead
  • Disney's streaming and resorts segments both impressed last quarter, but the world's biggest entertainment company gave a cautious outlook on both those fronts going forward – not what investors wanted to hear

And if you're gonna read one insight this week, make it this one looking at what to do before revamping your portfolio.



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