Good morning, Apes, and thank you guys so much for joining us here today.

Monday morning, still barely morning over here on the East Coast.

It's about 11.46 a.m. Eastern time that we're coming at you guys live here today.

And we are a little bit late.

It was a busy morning here at the Daily Peel Global

headquarters location, of course, on disclosed. But I want to let you guys now, going forward, especially tomorrow, we should be able to do things right as the market opens are kind of leading into the market open. So it'll be a little bit more appropriate timing in that sense, especially considering the things we're going to be talking about today, happened about three days ago. So in that sense, Mondays are always going to be interesting because we're going

over stuff that happened even before the weekend. So hopefully you're still able to remember despite all the degeneracy. I'm sure that you guys get into on Friday and Saturday night. Either way, in case you don't remember exactly what goes on, that's what we're here for. And we're happy to kind of get into things here now. So, interesting stuff on Friday. We didn't get a huge major kind of economic release report or anything else like that. So we had some interesting stuff going on, but mostly some observations when it comes to the economy here today defined by slowing wage growth. And that's kind of going to be the main focus of the macro stuff today. We're going to, of course, get into some companies, some great earnings, some terrible earnings. But as we kind of round the corner on this earning season here, at least for Q3, it'll be interesting to see over the next couple of days how things kind of performed in the aggregate. Now, at least at the beginning, when we had about 80% of companies reporting, 81% of those have been beating on the top and bottom line. So to be interesting to see if we get closer to about 95, 97, and 100%. Moving on down below, soon enough, you're not going to need your smartphone anymore, or at least that's what this one company wants you to think. So we're going to go through that, see how likely that is, see how dystopian that is, and how disappointed George Orwell would be if he saw what we were doing today.

Move down below, however, of course, you are currently watching the live here, and thank you guys so much for joining us here today.

This is something that we're going to be doing every day going forward, so if you want to start out your day with some fun,

and the opportunity to make fun of somebody with a dumb-looking mustache like me, feel for me to come join us and come through that sheet in the comments you know we always love to see it however it was a pretty good day on Friday for stocks overall now everybody's feeling good on Friday so it kind of makes sense that we went into the weekend pretty strong there well it's really been interesting to see is the stock reversal that we've seen because you know of course towards the end of we had kind of a mini, I don't want to say crash, but a mini kind of correction almost, just seemed to dip out of nowhere, but we're bouncing off that low pretty hard. And treachery to do in the same thing, kind of continuing up that momentum that they've been building. Two years back, about 5%, and that inversion is still nice and good so moving on down below into

some of the headlines over the weekend like we said guys pretty low-key stuff on friday and over

the weekend instead however like we just mentioned there it seems like stocks are starting to

bounce off their lows so the wall street journal came out with a report saying that fomoO, aka Fear of Missing Out. It's starting to build up back once again, and that's one of those great drivers of bull markets. So we definitely love to see that coming back, especially if you want your stocks to go up. But never alone, Marvel fans, this one might entertain some of you, might disappoint some of you, but that movie, The Marbles,

I haven't seen it.

Apparently nobody has seen it because it was one of the worst performing box office opening for a Marvel movie of all time.

Definitely go ahead and check out that article, but you might want to stay away from the movie,

especially as it relates to the current kind of commentary or the current reviews about that movie.

Moving on down below, like I said, in today's macro edition, there wasn't a huge report or anything, but what we wanted to focus on was slowing wage growth. So, you're as crazy as it's going to sound, is that, you know, we're calling out consumers because they don't seem to mind inflation really as much as they purported to you on Twitter and elsewhere on the internet. I mean, over the past year or so any time you open up your phone, it's impossible enough to see some dude complaining about $4 gas or $7 eggs. And it's like, can we all just shut up a little bit? Because we just have been going pretty strongly, and that's largely what's been fueling the inflation. That's kind of like a tip-for-tat thing. Like they build each other up. You know, you can't have one without the other. But what we've been seeing, and we're going to go ahead and switch over to this BLS report, this is a report on real earnings in the month of September, at least. Always go to the PDF version. Remember guys, that's what that way you can see all these cool charts. So what you're seeing here is the month over month percent change in average real hourly earnings. So this is a just for inflation. As we can see, we're declining

pretty steadily here. And this has been the case all throughout 2022. Now, if you go back to 2021,

you'll see much larger jobs, 0.7%, 0.5%. That's not what we're seeing anymore. So these wages

are no longer going to be

mathematically able to drive that inflation whether that's a good thing or bad thing

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