Market in review 11/27/2024
MARKET REPORT America is now unburdened by what has been Monte-Carlo You were found in clear conditions. But you’re handsome in the fog. “Voters seem to forget when politicians ‘give’ you money, it is the voters’ money they have already taken.” Day in Review: Today: DATA: – Both PCE and core PCE prices rose in […]
Market in Review 4/2/2024

MARKET REPORT Review: – POWELL: – Reiterates likely appropriate to begin lowering IR ‘at some point this year” – inflation figures though higher than expected didn’t ‘materially change’ the overall picture – policy makers will wait for signs of lower inflation before cutting – ISM Services PMI hits 3-month Low Act 51.4 vs Exp 52.7 […]
Market in Review 2/21/2024

MARKET REPORT Review: – NVIDIA POST RECORD REVENUE +265% ON BOOMING AI BUS POST CLOSE – FOMC Minutes: – altered the post-meeting statement to indicate that no cuts would be coming until the rate-setting Federal Open Market Committee held “greater confidence” that inflation was receding. – indicated a general sense of optimism that the Fed’s […]