Cavenagh Research

Cavenagh Research is a financial analysis group that provides insights and predictions on the stock market. They focus primarily on topics such as interest rates, company performance, and investment strategies. Their articles are often based on financial data analysis and market trends.

99%

The Daily's Verdict

This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

100%

Examples:

No current examples available.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

97%

Examples:

  • ]The S&P 500 has tumbled over the past few weeks due to hotter-than-expected inflation readings and speculation for a potential rate hike in 2024.[
  • Warren Buffett's Berkshire Hathaway reported a 41% growth in operating income for Q3 2023, with earnings reaching $10.8 billion. This contradicts the Economic Times and Live Mint articles which state that Berkshire Hathaway reported its first overall quarterly loss in a year due to falling stock prices.

Deceptions

100%

Examples:

No current examples available.

Recent Articles

SP500 Rallies Towards New All-Time Highs Amid Easing Fed Bias and Strong Corporate Performance

SP500 Rallies Towards New All-Time Highs Amid Easing Fed Bias and Strong Corporate Performance

Broke On: Friday, 03 May 2024 The S&P 500 rebounded from a significant decline due to inflation concerns and potential interest rate hikes, with the Fed indicating an easing bias in 2024. The index saw its best weekly gain of the year, ending three consecutive weeks of losses. Despite recent volatility and higher yields, companies reported strong earnings and revenue in Q1 2024. Inflation remains a concern but has shown signs of moderation.

Berkshire Hathaway Reports Q3 Net Loss Amid Rising Operating Profit

Broke On: Saturday, 04 November 2023 Berkshire Hathaway reported a net loss of $12.77 billion in Q3 2023. Operating profit rose by 41% to $10.76 billion, up from $7.65 billion a year earlier. Rising interest rates increased yields on Berkshire's U.S. Treasury bill holdings above 5%. Berkshire Hathaway repurchased $1.1 billion of its stock in Q3, bringing the total buyback to about $7 billion for the year.