Hedgeye Podcasts cover image

Weekly Notebook Review | Vol Up, USD Up, Rates Up $SPY $QQQ $USO $GLD | August 2, 2023

Hedgeye Podcasts

00:00

The Government Large Ass, Leveraging AI and Hiring 5,000 People

CVS fired 5,000 people and so yeah, it's going to be interesting. What was interesting though, we saw that SLU's report on Monday and it talked about demand waning across sort of all areas as the tightening continues. But the one area that didn't see to drop off in demand was actually the demand for credit card capacity. The idea that the highest interest rate area is seeing the most demand and we're at the highest interest rates ever on those credit cards that are being issued. And that's where the highest demand is yet you've got that collision course with these issuers.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app