JayG7
LiferSteve posted an update 2 months ago
OP Wire: Key Fed Inflation Gauge Lower Than Expected — Market Implications
The personal consumption expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, came in at 2.2% year-over-year for August, lower than the expected 2.3%, according to Dow Jones consensus estimates. On a monthly basis, the index increased just…
Steve posted an update 2 months ago
OP Wire: Markets Defy Expectations — A Familiar Story
As always, the markets continue to behave in a counterintuitive manner. Despite the Fed’s recent rate cut, yields are moving higher — nothing we haven’t seen before. This time, however, the setup is even more intriguing. Extreme crowded positioning in defensives, coupled with low…
Steve posted an update 2 months ago
Tomorrow, we’ll be keeping a close eye on two key factors: the release of the Personal Consumption Expenditures (PCE) report and the market reaction to Costco’s earnings. The PCE data is critical, as it could signal inflation trends that directly impact the Fed’s policy and market movements.
Meanwhile, Costco’s earnings offered insights into…
jaycardona, David Fanelli and Steve2 CommentsThx Steve
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