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Top related persons:
Salomon Smith Barney - 2 Fundstrat's Tom Lee - 1 Lee - 1 it's - 1 that's - 1 Lee doesn't - 1 Russell - 1 hiccups - 1
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Jamaica Connecticut America Florida United States
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Fundstrat - 1 CNBC Pro - 1 Wharton School - 1 selloff - 1 Apple - 1 Netflix - 1 Nasdaq - 1 JPMorgan - 1

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3 mentions found


☆ Fundstrat's Tom Lee keeps making bold stock calls — and nailing them
  + stars: | 2024-06-22 | by ( Alex Harring | ) www.cnbc.com   time to read: +5 min
For example, a call that the S & P 500 would rise 100 points on a positive consumer price index print came true last year. That's true so far, with the S & P 500 jumping 4.8% in May after finishing April down 4.2%. As equities struggled, (the S & P 500 fell almost 20% in 2022), Lee felt like the risk of inflation was being mispriced. Because of that, he foresaw a rebound in 2023, a year that sent the S & P 500 more than 24% higher. "There was a pretty widely-held view that the Fed had to crash the economy in order to contain inflation," Lee said.
Persons: Fundstrat's Tom Lee, Lee, it's, that's, Lee doesn't, Russell, hiccups, Salomon Smith Barney Organizations: Fundstrat, CNBC Pro, Wharton School, selloff, Apple, Netflix, Nasdaq, JPMorgan
☆ Dr. Trisha Bailey is the richest Jamaican-born woman. She overcame a lot to get here
  + stars: | 2023-11-25 | by ( Jamisha Smith | ) www.businessinsider.com   time to read: +6 min
Entrepreneur Dr. Trisha Bailey says despite a youth marked by trauma and poverty, she wouldn't change a single thing about her life. Dr. Bailey was recovering from a suicide attempt when she founded Bailey Medical Equipment & Supply and Pharmacy. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThis as-told-to essay was based on a conversation with Dr. Trisha Bailey, a billionaire who became the richest woman born in Jamaica. Dr. Trisha Bailey is an entrepreneur who has become the richest Jamaican-born woman.
Persons: Trisha Bailey, Bailey, —, Salomon Smith Barney, Morgan Stanley, Shotby3DPhotography, Oprah Winfrey Organizations: Bailey, & Supply, Pharmacy, Service, University of Connecticut, UCONN, Bailey's, Atlanta Hawks, Charlotte Hornets, Phoenix Suns Locations: Jamaica, Connecticut, America, Florida, United States
☆ In the war on recession, Uncle Sam wants YOU — to party, party, party
  + stars: | 2022-08-25 | by ( Desmond Lachman | ) www.businessinsider.com   time to read: +8 min
Eventually the slowing demand spreads out across the economy: lower wages, higher unemployment rates, less consumer spending, and fewer homebuyers. This conventional view on the inevitability of a recession is highly plausible and should not be dismissed lightly. This soaring demand for goods coupled with crippled supply led to a shortage of goods — and sent prices soaring. And while concerns about the economy and the possibility of a recession have increased, people have kept spending. But as price inflation of goods cools, the shift to spending on services can keep the economy going.
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