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November CPI Preview: Falling Inflation Creates New Headaches For Fed
The Bureau of Labor Statistics will release the US November CPI at 8:30 ET on Tuesday. Bloomberg data shows YoY CPI inflation will fall to 3.1% (vs. 3.2% prior), with annual core inflation remaining at 4.0%. On a month-on-month basis, headline CPI inflation may remain unchanged, and core CPI may register a 0.3% increase.
Buy-and-Hold Strategy Has Outshone Chart-Based Trading: Will It Continue to Dominate in 2024?
According to Bloomberg data, amidst the strong rally in U.S. stocks this year, the buy-and-hold strategy has outperformed all technical tools tracked by Bloomberg, while the timing strategy based on sell signals has been counterproductive.
If the Fed releases hawks this week, the rise in US stocks may come to an end
According to analysts, Fed officials may continue to throw “hawks,” breaking the market's expectations of interest rate cuts next year and causing the stock market to fall at the end of the year.
Express News | Goldman Sachs Now Expects U.S. Federal Reserve to Deliver First Rate Cut in Q3 2024 Vs Previous Forecast of Q4 2024
MLIV Pulse: Next year the S&P 500 will rise 4% to a record high of 4808 points
The S&P 500 index is expected to reach a record high in 2024.
“New Federal Reserve News Agency”: The Fed is expected to remain on hold next week, and the view that interest rates will be cut quickly next year is being challenged
Nick Timiraos, a well-known financial journalist, pointed out that the 199,000 new jobs are the second month in a row that employment growth has fallen below the 2023 average. The labor market “remains stable, but is gradually cooling down.” The latest non-farm payroll report challenges the view that the US will cut interest rates quickly next year. There are no obvious signs that the Fed will switch to what is needed. Former US Treasury Secretary Summers echoed this view.
Wall Street Today | US Stocks Boosted by Payrolls, Inflation Expectations
US stocks rose as the job market remained resilient. Consumer expectations also added to signs that prices are cooling in prices, fueling hopes that the Federal Reserve can achieve its 2% goal without breaking the economy.
US Bank Wealth MGMT's Erickson on US Markets
Lisa Erickson, Senior Vice President and Head of Public Markets Group at US Bank Wealth Management, discusses her outlook and investment strategies for US markets. She speaks with Haidi Stroud-Watts on "Daybreak Australia".
US Stocks Rise Moderately After Stronger-Than-Expected Jobs Growth, Hourly Earnings
US benchmark stock indexes traded moderately higher and government bond yields jumped after the economy added more jobs than expected in November, while the unemployment rate unexpectedly declined. Th
The market is fully confronted with the Federal Reserve: not only is it a gamble to cut interest rates quickly, but it is also betting that long-term interest rates will be higher!
Faced with extreme market expectations, how will the Federal Reserve respond next week?
Nomura: “Three reasons” support the Fed's early interest rate cut next year and end QT after confirming the recession
Nomura believes that the current trend of slowing inflation has not changed, and policy interest rates are higher than neutral interest rates, so it is reasonable for the Fed to cut interest rates ahead of schedule. The Federal Reserve is unlikely to cut interest rates by more than 25 basis points each quarter before the recession begins in the third quarter of 2024, but it will speed up the pace of interest rate cuts after confirming the recession in September of the same year.
US stocks closed | The NASDAQ rose more than 1% to a four-month high, and AI concept stocks exploded! AMD surged nearly 10%, Google up more than 5%
The Nasdaq index rose more than 1%, the biggest increase in three weeks, rebounded to a four-month high, and the S&P Dow ended three consecutive declines; Google, which released the strongest AI model, closed up more than 5%, and its sector rose more than 3%, leading S&P; the chip stock index rose nearly 3%, and AMD rose nearly 10% after the release of the AI chip.
Overnight highlights: US stocks close to high-tech stocks, leading the rise, Komo says the US economy is fearful of a hard landing on the iPhone 16 or Apple's first AI phone, OpenAI, the next clash ambush?
For more global financial information, please move on to the 7×24 hour real-time financial news market closing: US stocks closed up 1.37%, the Dow and S&P ended three consecutive declines, and on December 7, the top 20 in US stock turnover: AMD launched a new MI300 series AI chip that said performance was superior to Nvidia products on Thursday, and most popular Chinese stocks rose more than 4%, and Station B, Baidu, and NetEase rose more than 2%. New York gold futures closed by more than 1% on Thursday, and New York gold futures closed down about 0.1% on Thursday, and US WTI crude oil futures closed down 0.1% on Thursday The European stock market closed down The Gram 50 Index fell 0.2
Wall Street Today | US Stocks Gain Buoyed by AI Rally
US equities gained Thursday as investors await the employment report that could offer clues whether the labor market is cooling enough to give the US Federal Reserve leeway to start cutting interest rates next year.
Citi's Bailin Sees Beginning of Normalization of Markets
David Bailin, CIO and head of investments at Citi Global Wealth, dives into the details of the firm’s 2024 outlook.
Next year's interest rate cut does not equal the “easing” cycle! Economists' consensus deviates from the market: the Fed will “stay on hold” until July
According to institutional surveys, economists generally expect the Fed to keep interest rates unchanged until at least July next year, later than previously anticipated.
234 funds left during the year! Enthusiasm for retail investment has faded, and US ETFs have experienced a wave of liquidation
234 products were liquidated or delisted this year.
US ADP Report Reflecting Cooling Labor Market
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Graham's Investment Strategy - The Simplest Way to Select Bargain Stocks
Benjamin Graham is a stock market expert who has unparalleled understanding of the stock market and actual stock value. He is regarded as a guru in the field of security analysis. Graham not only co-wrote a book called "Security Analysis" which was hailed as a business bible, but his record in selecting winning stocks is also legendary on Wall Street.
Market Confidence Soars as the Fear Gauge Quietly Sinks to Pre-Pandemic Low
A remarkable surge in U.S. stock markets has driven the primary indicator of market anxiety, the