To The Moon

The illusion of a rise has been shattered. 1 I was thinking of taking a vacation on Labor Day, but when I saw $Estee Lauder(EL)$ release earnings, I lost my nerve. The company cut its full-year profit forecast, with sales growth slowing to 7-9% from 13%-16%. Adjusted profit for the full year was $7.05 to $7.15 a share, compared with an earlier estimate of $7.43 to $7.58. Shares fell 10 per cent in pre-market trading after the results were released. In August 2020 earnings were down 6.7%. Estee Lauder said the lower sales forecast was mainly due to COVID-19 restrictions and the dispute between Russia and Ukraine. It is a very intuitive reflection of how serious the supply chain disruption caused by the epidemic and the Russia-Ukraine problem is. From

BEIJING/HONG KONG, April 29 (Reuters) - China and U.S. regulators are discussing operational details

Wall Street ended lower on Friday as the war in Ukraine overshadowed an acceleration in U.S. jobs growth last month that pointed to strength in the economy.Most of the 11 major S&P sector indexes decl