What's up, Eaps? Tesla is back to killing it once again, and we have plenty of other stocks to talk about here today.

Before we get into all that, we are going to be breaking down Mr. Jamie Diamond, the CEO of JPMorgan Chase, his shareholder letter that he sent out over this past weekend. A little bit late on that, because it's pertinent to just 2023, so we'll be breaking that down. that down, well cut him some slack because it's a little bit late, and that guy, I mean, he's the most silver fox guy on Wall Street that's not named Mr. Jerome Powell. So we'll cut him some slack. We'll break it all down for you guys in just a minute. Make sure to stay tuned for some of our thoughts on a lot of the stock. So we're going to be talking about today. And of course, we'll finish things up by telling you guys about what exactly consumers expect going forward. We get the latest consumer expectation report from the Federal Reserve Bank of New York. They're breaking down everything from inflation to the labor market, wage growth, and other absolutely nonsense that consumers have no business talking about or speculating on. But of course, we're going to get into it all because it's fun, and that's what we're about here at the Daily Peel. Before we do so, let's go ahead and take a victory lap, everybody, round of applause because the WSO alpha portfolio is once again killing it to start off this week. Like I said, guys, we were taking it easy on these indexes at the beginning of the year. You know, we wanted to give them a little bit of a head start. Can't let you guys see our true talent just yet. You know, I mean, we don't want to embarrass like Warren Buffett and Jim Simons and all of them too badly, but we were out 45 basis points on the day. Huge help from Tesla, Nphase, which we have a report coming out on in just a couple of weeks as well. And then we actually got some support from Zillow there too, which has been down bad recently, but we recently published an Alpha report very bullish on Zillow as well. So guys, make sure to go check out all of that stuff on the WSO alpha page on our website so that you can bully or get rich with us at the same time. We definitely want to see you guys there. We're actually launching a Discord server here as well that everybody can come join, shoot the shit about markets, bully me, bully Patrick, everybody. Do whatever you want, really.

Like I said, the main point is to have fun. So we'll be going to get into all that in just a quick second. Like I said, we did outperform the indexes on the day. However, it was very good day. We were up 45 basis points, and we saw the S&P actually fell about four basis points on the day. meanwhile the NASDAQ was up just an absolutely abysmal three basis points. Actually, Jesus, thought it was a little bit more than that, so I'm very surprised to see it. But either way, great day for the alpha portfolio. Hopefully that continues for the rest of the year. Now, before we get into some of those big ideas I was just mentioning here, let's go ahead and get into some of the banana bits.

Some of the smaller things that, you know, we want you guys to have on your radar, but I don't care about enough to actually write about. Now, first and foremost, we had Mr. Torsten Slok. He's like the chief economic officer. That would be CEO. So I think it's something. Chief Economist is what it's called. He's the chief economist at Apollo Global Management Company.

I'm sure you guys would all kill your firstborn child to go and work for.

I know I would. So I think it's something cheap economist is what it's called. He's the chief economist at Apollo Global Management Company.

I'm sure you guys would all kill your firstborn child to go and work for. I know I would. Now, he said the U.S. infrastructure is that it's worst that it's ever been. In the history of the United States, it's never been this bad. I thought we just passed a multi-trillion dollar infrastructure bill. I guess, you know, they're sitting on their ass as not really doing anything about that.

Why should we be surprised?

Again, this is the federal government. They get paid to do basically nothing. So, you know, obviously it's exciting to see that we have a bill in place to fix up all that stuff, but god damn it, just fucking get started on it already. I'll go and fucking build a bridge if you want me to. I mean, everybody that drives on it is going to die, but I'll do it still if you need me to. Now, of course, related to other

bills that we've passed under the Biden administration, we have Taiwan Semiconductor

Manufacturing Corporation, or TSM, as non-nerds like to call it. They're getting a $6.6 billion

paycheck to go ahead and build a chipmaking facility and some kind of plant. I don't know. It seems like a really complicated operation out in Phoenix, Arizona. So if you're in the area in Phoenix and looking for a new job, go ahead and learn how to make semiconductors. That seems nice and easy, right? There's probably a couple of YouTube videos on that kind of stuff now of course moving into

some more stock market related dues we had a report out that says basically the magnificent

seven the mag seven as the cool kids like to call it they are expected to underperform emerging

markets in terms of earnings growth by q4 of this year that is a very bold call considering how

shitty emerging markets have been for the past ever. Now, obviously the Mag 7, they call it magnificent for a reason. So we'll be surprised if that actually comes into fruition, but I guess what goes up must come down eventually. So we'll see exactly what goes on with that, but it's a very bold call that we'll all want to check out. And finally, CNBC yesterday published a, they went ahead and did the work that really

nobody else on earth would ever want to do, poured over SEC filings and basically gave an exact

breakdown of the payouts on all the executives for Trump's fake company, Trump Media Technology Group

Corporation.

I still laugh every time I say the full name of that company.

But basically, they're given a full breakdown of TMTG executives and exactly the kind of payout

that they got with this company going public because I'm pretty sure every single one

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