Morgan Stanley Says US Stocks Likely to See Bearish Markets

Photo: Unsplash


Stocks are crashing, and Morgan Stanley is warning investors the journey will only get more complicated.

On Monday, equity strategists headed by Mike Wilson at Morgan Stanley wrote that investors have “very few places to hide” in markets currently, as even defensive stocks have given in to pressure as of late.”

“The market has been so picked over at this point; it’s not clear where the next rotation lies,” Wilson said. “In our experience, when that happens, it usually means the overall index is about to fall sharply with almost all stocks falling in unison.” 

The markets may be entering into “a much broader sell-off phase.” It could mean that the S&P 500 will approach a 20% fall from former highs. Furthermore, the latest trading suggests this upcoming bear market is likely.

The Federal Reserve has been on a hawkish path to counter inflation, and it seems that this week’s stock market drop – counting a fall of almost 1,000 points on the Dow solely on Friday – was primarily caused by worries about inflation.

Counting in the significant plummet on Monday, the S&P 500 shed 12% of its value on Monday from the record high in early January.

The S&P 500, which tracks the performance of America’s biggest companies by market value and includes hundreds of US stocks from various industries in its portfolio, has seen bullish progress over two years since March 2020, when the Federal Reserve pulled it up amid a rough decline due to the COVID-19 pandemic. 

However, Nasdaq has entered a bear market as oil prices soar and inflation concerns pile up.

Morgan Stanley stated that the closing chapter is a “fast tightening Fed right into the teeth of slowdown.” 

On the other hand, some are under the perception that inflation’s risks to both the stock market and economy will bring a positive impact.

“Inflation should ease from current levels, and we do not expect a recession from rising interest rates,” said chief investment officer at UBS Global Wealth Management, Mark Haefele, in a note to clients on Monday. 

A few economists are optimistic that inflation may be ultimately at or almost at its peak.

RankOne Ecommerce, Leading the Industry Through Forward-Thinking and Innovation

The field of eCommerce is one of the most lucrative businesses in the modern world. After all, most things have already migrated to the digital space and shopping for goods is no exception. However, the market is already saturated with competition because of its unrivaled success, so it has become quite challenging to thrive in the cutthroat environment. Given this, the remarkable RankOne eCommerce is sharing its expertise to help those who wish to make it big in the industry.

Through its intuitive programs and reliable systems, the enterprise has become the leading firm for entrepreneurs and for those looking for eCommerce opportunities. As a testament to its success, it has helped countless partners generate massive cash flow, scale their ventures, and tap into the riches available through financial markets.

A crucial element that helped the brand solidify its reputation as an industry authority is its partnership with Chris Zissis and the formation of YT Automatic. It is a fully automated program that provides partners with the prospect of owning a digital asset through YouTube channels.

RankOne eCommerce has also pushed the boundaries of the entire industry as it accepts cryptocurrency as a form of payment in exchange for its services. This incredible initiative demonstrates the kind of forward-thinking that the enterprise possesses. 

The company also has an excellent culture that values expansion, key partnerships, and innovation. As a result, it has brought its clientele the best and more opportunities. On top of that, it has a dynamic team of players who ensure the rapid growth and sustainability of the brand’s success and, of course, its partners.

Aside from its impressive offerings, what allowed the brand to achieve monumental success is the leadership of founder and owner Zan Shaikh. The expert has a wealth of information and knowledge in the field, given that he was also once a struggling eCommerce entrepreneur.

His experience has motivated him to look for a better approach, so he decided to learn as much as he could about the industry and created a highly replicable system. Eventually, he started helping others find success and freedom through eCommerce.

When asked what makes RankOne eCommerce stand out, the intuitive entrepreneur insightfully shared, “We are very focused on the future and where we can take our business and our clients while still ensuring the quality of service and care to our clients in the present.”

He went on to add, “We have a vast portfolio of companies from ecom to consulting to software, each with their own teams and operations — all held together through visionary leadership.” With RankOne eCommerce’s amazing programs, it has connected countless people with their entrepreneurial dreams. 

The company plans to elevate its authority even further and reach a broader audience. In doing so, the enterprise can help more people, especially individuals looking to get out of the 9-5 grind and have more command of their time and those who wish to attain financial freedom. Above all, the venture aims to develop more groundbreaking systems and continue raising the bar for the eCommerce industry.

Prop-Tech Company Continues Nationwide Footprint 

Easy Button Capital (INC) has announced it will be selling equity in a Series A round of funding. CEO Joshua Gayman told interviewers on a conference call that “(We)churned through our angel seed capital much faster than we thought.” 


Now the company will be turning to equity in its latest offering to accredited investors. 


Easy Button Capital is a residential property investment and management technology company. The company allows homeowners to instantly receive an offer for their property over the internet, then it takes that property and manages it for operational cash flow and long-term yield. 


“Technology is at the heart of everything we do,” says Gayman, who did confirm the company is developing proprietary software using machine learning (AI) technology but waved off questions about the firm’s application use of the technology. When pressed on blockchain, Gayman said they do have a development team working on blockchain, specifically around tokenized property assets for investment. “Most of that comes down to when the regulators decide to rule on clarity in the crypto and, more specifically, the ICO markets,” commented Gayman. 


On the Internet of things (IoT), Gayman again declined to comment but did state that he believes changes coming to the industry utilizing IoT, blockchain, and machine learning technology will catapult the entire real estate industry over the next decade.


The I-Buying industry, a niche term categorized under “prop-tech” by investors, has seen significant growth as well as turbulence in recent months. In late 2021, Zillow closed down its i-buying operations. Another large I-Buying company, Opendoor, reported losing $662 Million in 2021 but most recently turned its operational cash flow around, reporting $28M in earnings in Q1 (2022). 


When pressed about earnings losses reported among competitors, Gayman said that disciplined management around cash flow from operations couldn’t be taken seriously enough. 


“Most people think that property management is a 7-10% property expense; it’s actually closer to 40% when you consider all of what it affects plus the intangibles that flow to the hard bottom line.” (Gayman)


“Easy Button” now has multiple investments in 11 US markets and is offering to buy property in all 50 states. The company is headquartered in Scottsdale, Arizona. 


DESUAR Spa Forging Important Partnerships to Deliver Health and Wellness to the World

DESUAR Spa, which has become the most popular beauty spa in Los Angeles, is expanding its services and forming significant collaborations to ensure that as many people as possible have access to health and wellness. One of such partnerships is DESUAR Spa joining forces with Greenwood Hospitality Group, Greenwood Village, CO. DESUAR Spa will manage the spa at the Casa Munras Hotel Resort & Spa in Monterey Bay, as well as other hotels in the peninsula’s vicinity, as part of the joint venture. Spindrift Inn, Monterey Bay Inn, Wave Street Inn, and Victoria Inn are other hotels under Greenwood Hospitality Group’s umbrella.

DESUAR Spa’s success since its inception has put it in a position to take advantage of these kinds of chances. Body, mind, and soul may all be rejuvenated at this spa, which offers everything from hydra-facials to CBD therapies. While fostering natural healing, it provides the best high-end treatments for the skin and body. Casa Munras, a 2700-square-foot facility that includes five treatment rooms, lockers, showers, changing rooms, a relaxation space, and an outdoor tub, is getting a facelift from DESUAR Spa. As a result, the best spa services are about to be provided to hotel guests while they enjoy themselves to the fullest.

The spa’s philosophy is uplifting and purposeful, and the founder is putting that purpose to good use today. Deisy Suarez, a long-time wellness and skincare enthusiast, founded the company, and for more than a decade, her parent company, DESUAR Cosmetics, has been at the forefront of the body care industry providing a wide range of services to thousands of clients.

With over 15 years of expertise in the spa and beauty sector, Deisy Suarez specializes in spa administration and self-care. DESUAR Spa is built on a philosophy that emphasizes the importance of the human experience and the pursuit of a healthy way of life. “Where communicating with your body means listening with our hands” is the spa’s slogan, and it’s something that’s incorporated into every treatment. The spa’s employees do everything in their power to provide each and every customer with the best possible service.

Skincare, facials, waxing, prenatal massage, spray tanning, acne treatment, body scrubs, cosmetics, slimming services, and more are all available at DESUAR Spa, in addition to many other services. Currently, DESUAR Spa has another location in the works located in the heart of Hollywood at 6613 Sunset Blvd, Los Angeles 90028, which will be open for business on June 14.

Deisy Suarez, the owner of DESUAR Spa, will work hard to restore people’s trust in the spa industry and trust professionals to help them feel good about their bodies after partnering with Greenwood Hospitality Group and Casa Munras Hotel Resort & Spa. When it comes to the spa and body treatment sector, Deisy believes this is the key to unlocking new collaborations and doing even more. No one knows where to turn for help with self-care and well-being for many men and women. However, we believe the availability of DESUAR Spa’s essential services in hotels will have a significant impact on the number of people who wish to take care of themselves. “In the future, we want to be able to accomplish even more,” Deisy promised.

Chore Care: Types of Housekeeping Services Every Homeowner Must Know

Housekeeping refers to cleaning, cooking, shopping, home maintenance, and bill payment that requires management. These tasks can be carried out either by family members or by people recruited specifically for the job. However, note that housekeeping is a broader role than a cleaner, solely concerned with cleaning. 


Housekeeping services are quite common these days. Chore Care is an online cleaning platform that allows customers to access a range of cleaning companies and individual cleaners. Based on your personal requirements, you can pick the cleaning service you want. The online podium also offers various types of housekeeping services to choose from. 

 They are ideal for busy people with hectic schedules. Busy people hire housekeeping services more often to lighten the burdens of modern life. In their spare time, nobody likes to do household chores. People prefer to spend free time with their loved ones or indulge in a fun activity that brings them joy. 


When considering hiring a housekeeper, it’s crucial to understand different housekeeping services. This will assist homeowners in making the best choice according to their budget and special requirements. If they decide to self-recruit, the hiring procedure can take longer. You don’t need to repeat the process too often. It takes time for a new housekeeper to settle in and learn the household routine. 


It’s important to learn different types of housekeeping services to make the right choice:



A cleaner or maid provides a basic cleaning service. However, a housekeeper should not be mistaken for a maid. They can work in more commercial cleaning locations or for end-of-tenancy cleanings. They may be used for short visits in private houses and scheduled regularly, although they are rarely employed full-time for a single property. 


Live-in Housekeeper 

Housekeeping services with a live-in housekeeper are quite popular. They might be full-time or part-time employees who work for a property and are supplied with housing as part of the package. Either within the main house or on the grounds, a housekeeper is a high-quality expert who can clean, tidy and take excellent care of your home and property. This is a popular option for properties that require flexibility and security on-site, as the live-in housekeeper can help with errands, cooking, childcare, and security when homeowners are not home. 


Live-Out Housekeeper 

Live-out housekeepers can be part-time or full-time. Like a live-in housekeeper, a live-out housekeeper is a professional cleaner who tidies up the place, organizes, and manages the wardrobe, and performs other tasks such as cooking, shopping, pet care, and childcare. A live-out housekeeper is a common option for households that don’t have the room for a live-in housekeeper yet don’t require full-time assistance.


House Manager & Housekeeper 

A housekeeper offering house management duties is also a house manager. The housekeeper can assist with house management tasks in this area. This could entail administrative duties, managing contractors, managing domestic schedules, and ensuring that the property is well-maintained, in addition to the usual housekeeping responsibilities. This is a popular option for high-end venues or busy family homes that require extra assistance or have larger teams of household personnel.


Housekeeper Cleaning Firms 

Homeowners can hire a housekeeper cleaning company if they don’t want to self-recruit or go via an agency to hire someone. They pay the housekeeper cleaning firm to send their workers to their house for cleaning service. This is usually a more expensive choice, and the quality/standard may be lower than hiring a cleaner directly. That’s because the firm takes a big chunk out of the cleaner’s compensation. If the homeowner pays a higher fee, the housekeeper isn’t getting paid nearly as much. They are also unlikely to provide full-time assistance, so this isn’t a good solution for larger families.


Within housekeeping, homeowners may find the options of institutional and domestic housekeeping. Institutional housekeeping refers to maintaining commercial institutions such as hotels, resorts, and inns. Domestic housekeeping refers to the upkeep of a domestic residence or home, including the bedrooms, kitchen, dining room, reception area, and nearby surroundings. 


Types of Housekeeping Service Suitable for Homeowners

 It can be challenging to determine which housekeepers are right for homeowners as everyone has different requirements. Some things to think about are:

  • The dimension of your home 
  • How often do you want them to visit?
  • What’s better – live in or live out?
  • Tasks not related to specific cleaning
  • Flexibility
  • If you require them to accompany you on a trip or to care for your home while you are gone


Housekeeping Duties 

The most basic housekeeping duty is to take care of general cleanliness. A housekeeper’s basic tasks include:

  • Cleaning floors 
  • Making beds 
  • Dusting surfaces 

Chore Care is an online platform that offers housekeeping services. It can be used to compare and contrast quotes, check ratings and reviews, manage schedules, learn estimated service hours, and request more than one cleaner of different local and individual cleaning businesses via their Chore Care App. To use their service, select a convenient time and date of your choice using their Chore Care App available on Google Play and Apple Store. You can also reach out to Chore Care support via or use 1:1 inquiry from their website. Also, note that the platform only pays out to cleaners when the job is well done.

Rae Karim Sheds a New Light on the Perspectives of Grief

With the world plunged into a state of emergency following the global pandemic, people have dealt with a wide array of feelings. Many have found themselves dealing with depression, and some have become overwhelmed by feelings of grief. While grieving is a normal part of life, other people cannot project the strength to keep  from drowning in it. Refusing to stand by and watch, Rae Karim took it upon herself to guide people with compassion.

Rae Karim is a thought leader gifted with words and pours experience into her work. Her gift has led her to become a bestselling author, sought-after writer, and speaker. But, while she is best known for her ability with words, Rae is more renowned as a champion of grief who helps people overcome and for helping people overcome the overwhelm it often brings. She brings education and her experience to the table, ensuring fellow grievers they are not alone in their journey.

As a grief coach, Rae employs strategies that help grievers navigate their grief journey in the healthiest ways possible. In addition, Rae facilitates grief retreats and conducts workshops on about grief in schools, churches, and organizations. Rae empowers and transforms lives with a commitment to ensure she ignites courage on purpose for purpose in everything she does.

“Not only do I offer individual and group coaching, but I am also an advocate for grief support by way of community engagement,” said Rae. “Such engagement consists of monthly events such as Pen the Pain, an expression of grief through art, workshops that explore the theological perspective of grief, one-day retreats, as well as five-day retreats.”

Rae Karim’s profound understanding of grief allows her to offer grief support services to relieve some task-oriented pressure through planning and officiating services, writing obituaries and programs, and assisting with finalizing business affairs. Although some other brands and individuals offer similar services, Rae uses her personal and professional experience to help others. Having been a pastor, she can expand the range to more than the loss of a loved one, allowing her to relate to and reach many people. 

The experience also increased her capacity for compassion, and she understood that her line of work is as courageous as it is vulnerable. Her take on grief, which spans beyond the well-known but not well-qualified stages of grief, separates her from others. Additionally, Rae also has a unique way of helping people engage grief through grief exploration and expression that prevents them from remaining in a roundabout  regarding ways to release their grief.

Rae Karim’s desire to pursue her endeavors started after seeing many people struggling through and suffering in grief. As a healer, she offers the opportunity to be vulnerable in a safe space that allows people to unpack their grief and learn how to process it in healthy ways. Rae also educates people on the facets of grief, teaching them it’s not just about death and tears.

“As status quo disruptor, I equip and empower people to courageously navigate the grief journey,” said Rae.

While she has already left an impact on individuals, Rae Karim sees herself playing a pivotal role in revolutionizing grief perspectives. She wants to offer a curriculum to educate people in service professions to increase their capacity for compassion and understanding.

Billionaire Philanthropist Mackenzie Scott Has Donated $3.8 Billion to 465 Organizations since June

Photo: Evan Agostini

On Wednesday, Mackenzie Scott said on a Medium post that she had donated more than $3.8 billion to 465 organizations since June.

Scott added that her team’s focus in the past nine months was helping underrepresented people from various backgrounds and communities. She also donated to Planned Parenthood locations across the United States and to organizations assisting at-risk children, minorities, and refugees. Her donations also went to rural health access, the post read.

According to a statement from Habitat for Humanity, Scott had recently donated $436 million to the organization, marking her largest known donation to date. She had also given $133.5 million to educational nonprofit Communities in School, the organization said in a previous statement.

“When our giving team focuses on any system in which people are struggling, we don’t assume that we, or any other single group, can know how to fix it. We don’t advocate for particular policies or reforms,” Scott wrote. “Instead, we seek a portfolio of organizations that supports the ability of all people to participate in solutions. This means a focus on the needs of those whose voices have been underrepresented.”

According to Bloomberg Billionaires Index, Scott has an estimated net worth of $55 billion and is well known for her philanthropy and surprise donations. In 2019, Scott also signed the Giving Pledge, a non-binding agreement launched in 2010 by Warren Buffett and Bill and Melinda Gates for billionaires to pledge to give their wealth to those in need.

So far, Scott has given away over $12 billion of her wealth in four rounds, Forbes says.

Scott is the ex-wife of Amazon founder Jeff Bezos.

Instacart Valuation Now at $24 Billion

Photo: Instacart

On Thursday, Instacart announced to its 3,000 employees that its valuation is now at $24 billion from $39 billion due to market conditions.

An Instacart spokesperson told CNN Business on Friday that they are “confident in the strength of our business, but we are not immune to the market turbulence that has impacted leading technology companies both public and private.”

“We can’t control the market, but we can control how we respond,” the spokesperson added, noting that employees were informed about changes to equity in response to the new valuation. “Markets go up and down, but we are focused on Instacart’s long-term opportunity to power the future of grocery with our partners.”

Instacart cited that the stocks of Shopify, Meta, and DoorDash had also decreased significantly compared to their peak in the last year. Instacart acknowledged that its marketplace stabilized after the holiday season and the pandemic-fueled demand. During this time, Instacart’s orders grew by 30% from the year prior, and the demand remains high.

Instacart announced 15-minute deliveries with select supermarkets such as Publix in the same week, among other new services for retail partners.

Instacart is speculated to be gunning to become an IPO. CEO Fidji Simo declined to comment in an interview with CNN Business but said, “We do plan to be a public company at some point, and I really wanted to make sure that, as we think about that, we really attract investors that understand the vision for the company.”

Simo left her post as a Facebook VP and head of the company’s flagship app to lead the startup last summer.

Tencent Stock Dives after Chinese Crackdown on Tech

Photo: Tencent

Following a bruising crackdown by China on the tech sector, Chinese social media and gaming giant Tencent reported its slowest-ever growth, with its shares tumbling around 6% in Hong Kong on Thursday after its US-listed shares closed 5.4% on Wall Street.

For the fourth quarter of 2021, Tencent reported a revenue of 144.2 billion yuan ($22.6 billion), 8% higher than the year before. It is the slowest revenue growth for the company since it listed on the Hong Kong Stock Exchange in 2004.

The company’s annual revenue in 2021 was up 16% compared to 2020, slowing from the 28% growth in 2020.

Co-founder Pony Ma and president Martin Lau joined an earnings call on Wednesday and acknowledged that 2021 was a “challenging year” for Tencent and China’s internet industry. Chinese authorities have launched a sweeping crackdown since November 2020 to bring in big players in industries like tech and finance, gaming, entertainment, and private education.

The internet industry has faced “fundamental changes and challenges,” Lau said during the call, adding that “new regulations have been introduced” to correct industry misbehavior and promote fair competition, user protection, and data security.

Lau added that these “structural industry challenges” have affected Tencent’s financial performance, leading to slower revenue growth as the company adjusts to the new environment.

Both Ma and Lau endorsed Beijing’s crackdown on the tech industry, echoing regulators’ remarks that the government restrictions will help curb the industry’s “reckless expansion” and “frothy growth.”

“We are proactively embracing changes to better align ourselves with a new industry paradigm,” Lau said, adding that the company will focus more on user value, tech innovation, and social responsibility.

Volta Trucks Launches Smaller Truck Models for Urban Markets

Photo: Reuters

On Tuesday, commercial electric vehicle (EV) startup Volta Trucks launched two smaller zero-emission truck models that will start production in 2025. It is seen to open more options for urban deliveries and EU markets with restrictions for Sunday operations.

The Stockholm-based Volta Trucks said it would launch a fleet of test vehicles of its 7.5-tonne and 12-tonne trucks for customers in 2024.

The new models will join the 16-tonne fully-electric truck Volta Zero, set for series production this year, and an 18-tonne model to be produced in 2023.

Volta Trucks said in February that it had raised 230 million euros ($247 million) to fund the launch of the series production of the Volta Zero in late 2022. 

Some European Union countries have bans on trucks over 7.5 tonnes operating on Sundays or holidays. Moreover, cities such as Amsterdam do not allow trucks over that weight to protect old streets and bridges.

While some European cities like Paris also plan restrictions on commercial diesel vehicles and several manufacturers are working on prototypes, there are virtually no electric trucks in these weight segments available today. Volta Trucks will be among the first in the market.

“Our customers tell us that they really appreciate the safety and zero-emission attributes of the 16-tonne Volta Zero, but also need smaller 7.5- and 12-tonne vehicles in their operations,” Volta Trucks’ Chief Executive Essa Al-Saleh said in a statement.

Including 1,500 orders by Deutsche Bahn’s logistics unit Schenker, the startup currently has orders for around 6,000 electric trucks.

Volta Trucks plans to make 5,000 trucks in 2023, and its annual production is expected to rise to 27,000 by 2025.

($1 = 0.9326 euros)