Expendabiggles
commented on
$Disney(DIS.US$ disney not gonna stop making DEI agenda trash. so they’re not gonna stop losing money. So when Peltz shows back up next time and time after that. on and on. disney WILL lose their company. Watch!
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Expendabiggles
commented on
Real GDP Came In At 1.6% vs 2.5% Expected 🤯
That's down from 3.4% in Q4.
And was the lowest reading in two years.
Core PCE also came in at 3.7 vs the forecast of 3.4%.
Inflation remains sticky.
$Vanguard S&P 500 ETF(VOO.US$ $SPDR S&P 500 ETF(SPY.US$ $Tesla(TSLA.US$ $Microsoft(MSFT.US$ $NVIDIA(NVDA.US$ $Amazon(AMZN.US$ $Apple(AAPL.US$
That's down from 3.4% in Q4.
And was the lowest reading in two years.
Core PCE also came in at 3.7 vs the forecast of 3.4%.
Inflation remains sticky.
$Vanguard S&P 500 ETF(VOO.US$ $SPDR S&P 500 ETF(SPY.US$ $Tesla(TSLA.US$ $Microsoft(MSFT.US$ $NVIDIA(NVDA.US$ $Amazon(AMZN.US$ $Apple(AAPL.US$
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Expendabiggles
commented on
The US 10-year note yield rises to 4.73%, its highest level since November 1st, 2023. This puts the 10-year note yield ~100 basis points above its December 2024 low.
With just 1 interest rate cut now expected in 2024, discussions of more HIKES are back.
If todays' PCE inflation data confirms that inflation is back on the rise, we could see futures price out the last cut.
$Vanguard S&P 500 ETF(VOO.US$ $SPDR S&P 500 ETF(SPY.US$ $iShares Core S&P 500 ETF(IVV.US$ $SPDR Portfolio S&P 500 ETF(SPLG.US$ $Invesco Exchange Traded Fd Tr S&P 500 Equal Weight Etf(RSP.US$
With just 1 interest rate cut now expected in 2024, discussions of more HIKES are back.
If todays' PCE inflation data confirms that inflation is back on the rise, we could see futures price out the last cut.
$Vanguard S&P 500 ETF(VOO.US$ $SPDR S&P 500 ETF(SPY.US$ $iShares Core S&P 500 ETF(IVV.US$ $SPDR Portfolio S&P 500 ETF(SPLG.US$ $Invesco Exchange Traded Fd Tr S&P 500 Equal Weight Etf(RSP.US$
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Expendabiggles
commented on
For those who do not understand what just happened:
First, Q1 2024 GDP growth slowed to just 1.6% which is less than HALF of the 3.4% Q4 2023 number.
This reading is roughly 50% BELOW Goldman Sach's expectations.
But it gets even worse.
At the same time, the US Core PCE Price Index soared from 2.0% to a staggering 3.7%.
This crushed estimates of 3.4% and further suggests that inflation is on the rise.
We have a weakening economy with rising inflation.
The worst possible outcome for the Fed.
$Nasdaq Composite Index(.IXIC.US$ $SPDR S&P 500 ETF(SPY.US$ $S&P 500 Index(.SPX.US$ $Dow Jones Industrial Average(.DJI.US$
First, Q1 2024 GDP growth slowed to just 1.6% which is less than HALF of the 3.4% Q4 2023 number.
This reading is roughly 50% BELOW Goldman Sach's expectations.
But it gets even worse.
At the same time, the US Core PCE Price Index soared from 2.0% to a staggering 3.7%.
This crushed estimates of 3.4% and further suggests that inflation is on the rise.
We have a weakening economy with rising inflation.
The worst possible outcome for the Fed.
$Nasdaq Composite Index(.IXIC.US$ $SPDR S&P 500 ETF(SPY.US$ $S&P 500 Index(.SPX.US$ $Dow Jones Industrial Average(.DJI.US$
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Expendabiggles
commented on
$SPDR S&P 500 ETF(SPY.US$ another 505 res
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ExpendabigglesOP GangGreenMf: Uh, lets see: marvels, wish, all of star wars, black adam, Dungeons & Dragons, Ant-Man & the Wasp, Elemental, The Flash, Indiana Jones & Dial of Destiny, Blue Beetle, Light year, Morbius, Bros, Snake Eyes, wonder woman 2. Shall I keep going??