Stocks & the Economy | Meet Kevin Report 101 [Video]

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00:00 Intro
21:00 -GameStop
51:00 Carvana
56:00 AI
01:00:45 Liquidity Drama
1:09:30 Jobless Claims
01:16:45 Tesla $25,000
01:30:45 Bears

– 💥 The Bank of Canada unexpectedly raised rates by a quarter of a percent after a four-month pause.
– 📈 The GDP growth rate in Canada for Q1 exceeded expectations at an annualized rate of 3.1%.
– 🔒 Financial conditions have tightened, but it did not lead the Bank of Canada to continue pausing.
– 🇺🇸 The United States economy is slowing, but consumer spending is up and labor markets are tight.
– 🌍 The global economy is expected to slow, but the United States is projected to continue moving resiliently.
– 📉 Some analysts are revising estimates of a recession in Q3, but others are pushing them back to Q4 2023 or Q1 2024.
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