The MBS Slope n’ Swap

Shake Shack Shares Crash Most On Record; McDonald's CEO Warns Of Faltering Consumer Shake Shack shares crashed the most on record after the burger chain reported weaker-than-expected first-quarter revenue and adjusted EBITDA, with management blaming the miss on "significant weather impacts." But the weather excuse may be masking a much larger problem: a weakening consumer increasingly pushing back against premium fast-casual pricing, with the average Shake Shack meal costing around $23. SHAK reported first-quarter results that missed Bloomberg Consensus estimates, with revenue and adjusted EBITDA coming in light as the burger chain...

The Quiet Revolution Reshaping America's Energy Future Authored by Haley Zaremba via OilPrice.com, The geothermal revolution includes both shallow geoexchange systems, such as The Riverie high-rise which uses boreholes for heating and cooling, and deeper, more technologically advanced "enhanced geothermal" techniques. Enhanced geothermal aims to make this alternative energy source viable anywhere by borrowing advanced drilling technologies from fields like hydraulic fracturing and nuclear fusion to access the Earth's core heat. The sector is gaining momentum with significant investment from major tech figures like Bill Gates and Google, and is projected by the...

Goldman Sachs The Latest Firm To Ditch DEI Hiring Criteria Goldman Sachs is the latest firm to scrap the DEI scam from its board policies. In fact, the bank is preparing to strip race, gender identity, sexual orientation and other demographic factors from the guidelines used to evaluate potential directors, according to people familiar with the plans who spoke to the Wall Street Journal. Which begs the question to begin with: why were we ever picking directors based on race and gender identity? Isn't that...racist? The Journal wrote that Goldman's governance committee currently considers...