Economists Warned of Looming Signs of Reflation, And Red Sea Attack Is Not the Only Reason
The continued impact of the recent Red Sea incident has aroused alarm about reflation. One reason for lower inflation in 2023 is the high base effect from the previous year, which may not be the case in 2024. The easing of the financial conditions index and record-high housing prices are the latest signs of inflation accelerating.
S&P 500 Valuation: Expensive by Historical Standards Yet Relative Improvement Noted
Today's U.S. stock market valuations are among the priciest on record. However, when considering the context of the market's peak in early January 2022, stocks may present relatively better value now.
Wall Street Veteran Voices Confidence in Undervalued Small-Caps and Forecasts a 50% Rally in 2024
In the past two months, investors have piled into the space, propelling the Russell 2000 index up 25% from its October lows.
Direxion Daily Small Cap Bull 3X Shares Declares Quarterly Distribution of $0.2184
Breakdown of US Monthly Retail Sales Data, in One Chart
Retail sales in the United States decreased by 0.1% month-over-month in October 2023, putting an end to a six-month streak of increases and compared with the market consensus of a 0.3% decline.
Here's the Inflation Breakdown for October, in One Chart
Food costs were up 3.3% compared with one year ago, down from 3.7% YoY compared to last month.