Image Source: Pixabay The personal consumption expenditures (PCE) price index rose a less-than-expected 0.1% in November. Core inflation increased 2.8%, remaining above the Fed’s 2% goal. Stocks and bond yields showed positive reactions to the inflation data, but concerns still exist.
76162 posts by admin
Photo by Steve Johnson on UnsplashAI has the potential to generate enough wealth — right here in the United States — to mint 22,000 new millionaires every 30 days, from now until the end of the decade.22,000 millionaires a month … that’s more
Image Source: PexelsThe growth of the private credit market exploded after the global financial crisis of 2008-2009 as private credit rushed to fill the gap that the banking industry was no longer able to fill because of the distress of its
Image Source: PexelsThat’s Heritage Foundation economist EJ Antoni yesterday. Dr. Antoni continues: Increasingly, people are realizing that the 2% target is long gone. We’re looking at 3% basically as the implicit target. Now we’re in for a lot of pain. So the question
Image by Erika Varga from PixabayNew retail price data shows supermarket prices of a dozen eggs have soared to record highs. The surge comes amid an ever-expanding bird flu outbreak that has led to the culling of millions of birds, denting the size of
Image Source: Pexels THINK Ahead for Central and Eastern Europe Hungary (Peter Virovacz) Current account (Mon): Based on high frequency data, we see a significant deterioration in the current account surplus in the third quarter, mainly via the goods balance. Nevertheless, the year
The Yen trims some losses following higher than expected inflation levels in Japan. The hot inflation figures have increased hopes of a BoJ hike in January. Technically, the pair is correcting lower, after having reached strongly overbought levels. The Yen
Image Source: Pexels November retail sales exceeded expectations as purchases continued to improve after a surprisingly weak September. Data indicates that private consumption, which hit a soft patch in 3Q24, improved again, remaining the main driver of economic growth in 2024. We
Image Source: Pexels At the end of Thursday, the Dow Jones Index (US30) was up 0.04%. The S&P 500 Index (US500) decreased 0.09%. The Nasdaq Technology Index (US100) lost 0.47%. The US economic reports released on Thursday were mostly stronger than
Image Source: Unsplash There has been a ton of selling over the last two days in the stock market and may feel like we are at just the beginning of a prolonged stock market sell-off, but I would argue we may
