Market in Review 8/21/2024
MARKET REPORT (Unburdened by what has been) Beurs Van Berlage Day in Review: Today: (Kamalanomics: Govt-manipulated data with un-reported historic downward revisions to make the economy look more favorable): DATA: – Payrolls revised down 800,000 jobs! – Net monthly payrolls now AVG 130k vs HEADLINE 230k! – “the preliminary estimate of the benchmark revision indicates […]
Market in Review 5/31/2024
MARKET REPORT Review: – Headline PCE matches forecast but Core slows – Headline +0.3% vs Exp +0.3% Prev +0.3% – Core +0.2% vs Exp +0.3% Prev +0.3% – US Personal Spending +0.2% vs Exp +0.3% – US Personal Income +0.3% vs Exp +0.3% Prev +0.5% – Chicago PMI hits 4yr low – Musk states ‘great […]
Market in Review 5/22/2024
MARKET REPORT Review: – HAWKISH FOMC Minutes showed some Fed members feared that despite a ‘restrictive’ monetary policy, financial conditions were too easy: – “A number of participants noted uncertainty regarding the degree of restrictiveness of current financial conditions and the associated risk that such conditions were insufficiently restrictive on aggregate demand and inflation. Although monetary policy was seen […]
