Eddy Elfenbein

Eddy Elfenbein

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PM and author of Crossing Wall Street; daily market updates, earnings, and leading stocks.

Jobs Beat Expectations, but Wages Remain Weak
SocialMay 8, 2026

Jobs Beat Expectations, but Wages Remain Weak

This is a better jobs report than I expected but AHE was weak. This needs to improve.

By Eddy Elfenbein
Global Debt Surges to $353 Trillion, US Influence Wanes
SocialMay 7, 2026

Global Debt Surges to $353 Trillion, US Influence Wanes

Global debt hits record of near $353 trillion, with signs of move away from US https://t.co/ODETyZsMTB

By Eddy Elfenbein
New Financial Crisis Looms, Different From 2008
SocialApr 29, 2026

New Financial Crisis Looms, Different From 2008

Why would anyone expect a similar crisis? BBC: "A fresh financial crisis may be coming - it won't play out like the last one" https://t.co/L8Q709Yh4N

By Eddy Elfenbein
S&P 500 Still Below Inflation-Adjusted Peak After 16 Years
SocialApr 29, 2026

S&P 500 Still Below Inflation-Adjusted Peak After 16 Years

More than 16 years after the tech bubble burst, the S&P 500 was still below its inflation-adjusted peak. Now that's what we call a bubble. https://t.co/7QyYxKECs4

By Eddy Elfenbein
Current Market Mirrors 2009, Promising Massive Long-Term Rally
SocialApr 28, 2026

Current Market Mirrors 2009, Promising Massive Long-Term Rally

"This market reminds me a lot of 2009." "You mean we're going to rally 750% in over the next 17 years?"

By Eddy Elfenbein
2022‑23 Market Gains ~20% Real Return, No Bubble
SocialApr 28, 2026

2022‑23 Market Gains ~20% Real Return, No Bubble

Since the beginning of 2022, the stock market is up a little over 20% adjusted for inflation. That's a decent return but hardly in bubble territory. https://t.co/u8xJ9WpKcw

By Eddy Elfenbein
S&P
SocialApr 16, 2026

S&P

In 23 days, the S&P 500 lost 9.5%. Then in 11 days, it gained 10.7%. Crazy times

By Eddy Elfenbein
Bezos Earns $80k Salary, $1.6M Perks
SocialApr 13, 2026

Bezos Earns $80k Salary, $1.6M Perks

Amazon still pays Jeff Bezos $80k in salary—plus $1.6 million for travel and security https://t.co/qpdf4anDZC

By Eddy Elfenbein
Caterpillar's $500 Share Gain Drives Dow's Rise
SocialApr 13, 2026

Caterpillar's $500 Share Gain Drives Dow's Rise

Over the last year, Caterpillar has added about $500 per share. That's a good part of the Dow's gain. https://t.co/JWW2PLLveG

By Eddy Elfenbein
Dishwasher Shortage Hits Restaurants Hard
SocialApr 13, 2026

Dishwasher Shortage Hits Restaurants Hard

Restaurants Are Finding It Harder Than Ever to Hire Someone to Wash the Dishes https://t.co/R6XyfN0sju

By Eddy Elfenbein
Democrats Push Regulator to Curb Offshore War Betting
SocialApr 7, 2026

Democrats Push Regulator to Curb Offshore War Betting

I'm not trying to be provocative but I don't understand the desire for regulations here. "House Democrats call on federal regulator to crack down on offshore prediction market war bets" https://t.co/wrLAhrMp8i

By Eddy Elfenbein
Magnificent Seven Shed $1.1 Trillion in Market Value
SocialApr 7, 2026

Magnificent Seven Shed $1.1 Trillion in Market Value

"as of early April 2026, the Magnificent Seven giants have collectively lost $1.1 trillion in market cap." https://t.co/9cSOg8GBjC

By Eddy Elfenbein
Unemployment Hits Historic Low Since 1971‑1998
SocialApr 6, 2026

Unemployment Hits Historic Low Since 1971‑1998

The current unemployment rate is lower than where it was every single month from 1971 to 1998. https://t.co/VAAexazBPH

By Eddy Elfenbein
Economy Thriving: Record Gains Amid Minimal Recession
SocialApr 2, 2026

Economy Thriving: Record Gains Amid Minimal Recession

The unemployment rate is 4.4%. This week’s ADP payroll report was better than expected. The retail sales report was also better than expected and the January report was revised higher. The ISM Manufacturing report was positive for the third month in a row,...

By Eddy Elfenbein