Posts
News
Latest
Hot
The US annual inflation rate increased for the second consecutive month, reaching 2.7% in November 2024, up from 2.6% in October, aligning with forecasts. The rise reflects partially the low base effects from the previous year.
Food costs were up 2.4% compared with one year ago, after increasing by 2.1% YoY last month.
Energy costs decreased by 3.2% YoY, after decreasing by 4.9% YoY in September. Energy prices increased by 2.2% on a MoM base.
Us...
Food costs were up 2.4% compared with one year ago, after increasing by 2.1% YoY last month.
Energy costs decreased by 3.2% YoY, after decreasing by 4.9% YoY in September. Energy prices increased by 2.2% on a MoM base.
Us...
103
10
46
All about inflation. The past week, from a macroeconomic perspective, as well as from a potential policy-focused market reaction, was all about inflation. There were not a lot of other domestic macroeconomic data-points out there nor were there a ton of earnings released. There were no Fed speakers out and about as that group is currently in the middle of their media blackout period ahead of this Wednesday's events.
That left among a number of lower profile economic events, No...
That left among a number of lower profile economic events, No...
6
On Thursday morning, after Wednesday had produced a November CPI report that confirmed at least a two-month reacceleration of consumer level prices (with a third month certainly on the way), the BLS released its data for November producer prices in the form of its PPI report. November PPI was indeed hot, hotter than November CPI had been.
On a month over month basis, headline November PPI printed at growth of 0.4%, up from 0.2% in October, while core PPI actually slow...
On a month over month basis, headline November PPI printed at growth of 0.4%, up from 0.2% in October, while core PPI actually slow...
2
Some say that prices at the producer / wholesale level are a leading indicator. Some don't really look at them all that much. I am in the former camp. For if producer prices move higher, it makes sense that at least some of those higher prices would be passed on to the consumer. Either that, or profit margins get squeezed. There is no "good" outcome when producer prices rise, unless of course, you are the Federal government and happen to be keeping the whole operation afloat th...
6
stock and crypto will rally
I. Industry Overview The U.S. banking industry is an important component of the global financial system, encompassing a variety of financial service providers such as commercial banks, investment banks, savings institutions, and credit unions. According to data from the Federal Deposit Insurance Corporation (FDIC), in 2023, the total assets of the U.S. banking industry were approximately $24 trillion, with the largest banks like JPMorgan C...
9
The market fell on Thursday after tech stocks hit all-time highs Wednesday, and inflation in the prices companies pay rose more than expected.
Overall, the market was falling after the Nasdaq hit a record over 20k Wednesday. Past 4:09 pm ET the $S&P 500 Index (.SPX.US)$ traded -0.54%, the $Dow Jones Industrial Average (.DJI.US)$ fell 0.53%, and the $Nasdaq Composite Index (.IXIC.US)$ fell 0.66%.
MACRO
Thursday's macro in numbers showe...
Overall, the market was falling after the Nasdaq hit a record over 20k Wednesday. Past 4:09 pm ET the $S&P 500 Index (.SPX.US)$ traded -0.54%, the $Dow Jones Industrial Average (.DJI.US)$ fell 0.53%, and the $Nasdaq Composite Index (.IXIC.US)$ fell 0.66%.
MACRO
Thursday's macro in numbers showe...
21
1
5
$Invesco QQQ Trust (QQQ.US)$ lol crazy how its pumping on bad news all the time lol its looking like the a crash sooner than expected. Bruhh its the holiday season and labor market isnt doing too good. does that make any sense? they are cutting rate cuz our economy actually in shittyyy condition. we should of beat job reports everytime cuz of seasonal hiring. Goes to show that market is dumb bullish and crash is inevitable
6
5
PurpleLyrics : what does it says
104392916 : Good
安行 : The Fed's interest rate cut indicates stability.
几够力一下 : basically saying that its very certain a rate cut is coming in the US. what does it mean for us ? well, a rate cut usually leads to investors seeking higher return elsewhere, be it in commodities, equities, real estate or even cryptocurrency. what will happen essentially is alot of money will be flowing into these sectors with higher returns, and expect bull markets in several sectors soon and well into 2025 most likely
104840945 : But it says inflation rate increases. Is it bad for the market?
View more comments...