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Why did the market rally after the fed meeting?
Im no expert yet but I do know that the increasing the interest rates slows down demand and increases unemployment. By decreasing the rates, the fed can stimulate demand, increase output and decrease unemployment.
Is there something I'm missing here. Is this all retail hype and its actually just a Liquidity grab before continuing the bear market? $SPDR S&P 500 ETF(SPY.US$$Invesco QQQ Trust(QQQ.US$
Is there something I'm missing here. Is this all retail hype and its actually just a Liquidity grab before continuing the bear market? $SPDR S&P 500 ETF(SPY.US$$Invesco QQQ Trust(QQQ.US$
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$ProShares UltraPro Short QQQ ETF(SQQQ.US$$ProShares UltraPro QQQ ETF(TQQQ.US$ I think tomorrow the Ponzi Market may go up significantly based on S&P Case-Shiller home price and consumer confidence index being disastrous (i.e., compelling dovish Fed stance). Not so sure about Employment cost index (shows wage inflation).
BUT, even if the above numbers are shit (bullish) and market melts up, the Fed will have to tame that reaction on Wednesday.
In other words, there is no bull case. Mar...
BUT, even if the above numbers are shit (bullish) and market melts up, the Fed will have to tame that reaction on Wednesday.
In other words, there is no bull case. Mar...
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$Imperial Petroleum(IMPP.US$ Idk if any of you guys listened to the 14 minute interview with that woman and Harry last month or two ago. He said he believes the dry bulkers will be the massive revenue maker down the line not the oil tankers. This guy is smart he knows we are in a wonky oil time. Bought a shit load of tankers to take advantage of the oil crisis. You want a CEO to understand patterns and change the buisness corresponding to what is best. We will be a dry bulker company in the nex...
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Wall St Ends up as Data Suggests Inflation May Be on Downward Trend
- U.S. consumer prices fall in December
- Quarterly results from big banks due Friday
- Indexes: $Dow Jones Industrial Average(.DJI.US$ up 0.6%, $S&P 500 index(.SPX.US$ up 0.3%, $Nasdaq Composite Index(.IXIC.US$ up 0.6%
U.S. stocks closed higher on Thursday, extending recent gains as data showing a fall in consumer prices in December bolstered expectations of less aggressive interest rate hikes from the Federal Reserve.
U.S co...
- Quarterly results from big banks due Friday
- Indexes: $Dow Jones Industrial Average(.DJI.US$ up 0.6%, $S&P 500 index(.SPX.US$ up 0.3%, $Nasdaq Composite Index(.IXIC.US$ up 0.6%
U.S. stocks closed higher on Thursday, extending recent gains as data showing a fall in consumer prices in December bolstered expectations of less aggressive interest rate hikes from the Federal Reserve.
U.S co...
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G7 Oil Price Cap About To Get More Complicated
About a month ago, the group of Seven (G7) coalition imposed a price cap on Russian oil with the objective of reducing Russia’s oil revenue which goes to fund its war machine. G7--which consists of the United States, the 27-nation European Union, Canada, Australia and Japan-- set at a maximum price of 60 USD per barrel for Russian crude oil with the provision that the cap can be adjusted in the future in order to respond to market developments. This ...
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S&P 500 Ends at Highest in Month, Indexes Gain for Week as Earnings Kick Off
- JPMorgan, Wells Fargo shares jump
- U.S. consumers' inflation expectations ease - survey
- Tesla falls after price cuts on electric vehicles
- Indexes: $Dow Jones Industrial Average(.DJI.US$ up 0.3%, $S&P 500 index(.SPX.US$ up 0.4%, $Nasdaq Composite Index(.IXIC.US$ up 0.7%
The S&P 500 and Nasdaq finished at their highest levels in a month on Friday, with shares of JPMorgan Chase and other banks rising following the...
- U.S. consumers' inflation expectations ease - survey
- Tesla falls after price cuts on electric vehicles
- Indexes: $Dow Jones Industrial Average(.DJI.US$ up 0.3%, $S&P 500 index(.SPX.US$ up 0.4%, $Nasdaq Composite Index(.IXIC.US$ up 0.7%
The S&P 500 and Nasdaq finished at their highest levels in a month on Friday, with shares of JPMorgan Chase and other banks rising following the...
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U.S. will hit its debt limit Thursday, start taking steps to avoid default, Yellen warns Congress
Treasury Secretary Janet Yellen on Friday notified Congress that the U.S. will reach its statutory debt limit next Thursday.
After that, the Treasury Department this month will begin “taking certain extraordinary measures to prevent the United States from defaulting on its obligations,” Yellen wrote in a letter to new House Speaker Kevin McCarthy, R-Calif.
The Treasury “is not currently able” to esti...
After that, the Treasury Department this month will begin “taking certain extraordinary measures to prevent the United States from defaulting on its obligations,” Yellen wrote in a letter to new House Speaker Kevin McCarthy, R-Calif.
The Treasury “is not currently able” to esti...

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Chevron Sold Venezuelan Oil To Phillips 66
$Chevron(CVX.US$ has sold a cargo of Venezuelan crude oil to another U.S. refinery, $Phillips 66(PSX.US$ , anonymous sources have said.
Chevron Corp recently sold 500,000 barrels of heavy Hamaca to U.S. refiner Phillips 66 to be used in its Sweeny, Texas refinery, the sources told Bloomberg. It would be the first such sale since the United States sanctioned Venezuela’s crude oil.
In separate news, ConocoPhillips, which spun off its downstream business ...
Chevron Corp recently sold 500,000 barrels of heavy Hamaca to U.S. refiner Phillips 66 to be used in its Sweeny, Texas refinery, the sources told Bloomberg. It would be the first such sale since the United States sanctioned Venezuela’s crude oil.
In separate news, ConocoPhillips, which spun off its downstream business ...

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Financial Giants Q4 Roundup: JPM, BAC, BLK Beat Expectations While Citi Delivers Mixed Results


JP Morgan stock was down in pre-market trading on Friday even as it reported strong Q4 results. The financial services company saw revenues of $34.5 billion, up 17.9% year-over-year and beating estimates by $270 million. Adjusted earnings came in at $3.56 per share beating Street expectations of $3.08.
However, the b...

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Big Oil Is Eyeing India For Big Investments
U.S. oil majors Exxon Mobil Corp and Chevron Corp—along with France's TotalEnergies, are taking a long, hard look at upping their investments in India's oil and gas exploration and production sector, India's oil minister said in a Friday speech, carried by Reuters.
ExxonMobil said back in December that its 2023 spending plans include $23 billion - $27 billion in capital investments to maintain its current production level of 3.7 million boepd. Longer-te...
ExxonMobil said back in December that its 2023 spending plans include $23 billion - $27 billion in capital investments to maintain its current production level of 3.7 million boepd. Longer-te...

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