Macro
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month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.45 | +0.40 | -0.10 | +0.40 | +0.40 | +0.40 | +0.35 | +0.25 | +0.30 | -0.17 | +0.35 | +0.35 |
Cheap gas persisted, auto sales hit a record, and consumer-staples mega-M&A (Kraft-Heinz, AB InBev-SABMiller) boosted owner valuations; the August China scare was a brief interruption.
How this mood is scored ▾
Kraft Foods and Heinz have agreed to merge, backed by 3G Capital and Warren Buffett's Berkshire Hathaway, creating a global food powerhouse with $1.5 billion in projected annual cost synergies. The deal offers Kraft shareholders a significant stake in the combined entity and a special dividend, while leveraging Berkshire’s financial strength and 3G’s consolidation expertise. The merger implies a $100 billion enterprise value, boosting investor confidence and positioning Kraft Heinz for future acquisition growth.
Anheuser-Busch InBev has reached a preliminary agreement to acquire SABMiller for approximately $100 billion, offering £44 per share in cash. The merger would create the world’s largest beer company, combining brands like Budweiser and Stella Artois with Miller and Peroni, pending regulatory approvals. The deal could drive significant cost savings and market consolidation, with shares of both companies rising on the news.