Pepsi-Cola was originally marketed in 1893 as "Brad's Drink" and was intended as a digestive aid. The name "Pepsi" is derived from "dyspepsia," which means indigestion, as the soda was believed to help with digestion. Over time, Pepsi became a global brand and left its medicinal roots behind, competing head-to-head with Coca-Cola!
Market Wrap
Markets experienced notable gains, with the S&P 500 up 2.9% for the week (Dow +3.7%, Nasdaq +2.4%), marking the best week in two months. U.S. housing starts in December reached an annualized rate of nearly 1.5 million, surpassing forecasts, while building permit applications and industrial production also exceeded expectations. U.S. Treasury yields posted their most significant weekly declines since November, fueled by increased optimism that moderating inflation could prompt the Federal Reserve to cut interest rates in 2025, providing a boost to big tech stocks.
