Those Predicting a ‘Fed-Induced Recession’ Misunderstand the Meaning of Recession

“You’re joking? How big is your fund?” Those questions were posed by a top Lehman Brothers investment banker in the early 2000s. He was on the phone with a top Australian investment banker; albeit at ...

Pfizer Stock Is Falling. Did Investors Misunderstand the Revenue Guidance?

Pfizer CEO Albert Bourla talks. John Thys/Pool/AFP/Getty Images Text size Pfizer shares dropped sharply after the company’s 2022 sales guidance appeared to fall short of expectations. The guidance tha...

Pfizer Stock Fell 2.8%. Did Investors Misunderstand the Revenue Guidance?

Text size Pfizer CEO Albert Bourla talks. John Thys/Pool/AFP/Getty Images Pfizer shares dropped sharply on Tuesday after the company’s 2022 sales guidance appeared to fall short of expectations. The g...