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US Stock Futures Drift Higher as Markets Digest Hot CPI
"New Federal Reserve News Agency": In September, the CPI in the usa was mixed, with the road to cooling inflation continuing to be difficult.
Timiraos's latest article cites disappointing inflation data, a bumpy cooling inflation industry view, and quotes the latest speech from Atlanta Fed President Bostic, "Perhaps we should pause rate cuts in November." Timiraos points out that investors have been reassessing the speed of Fed rate cuts as recent labor market data shows the US economy may be stronger than expected. While investors still believe the Fed will cut rates at the remaining two meetings later this year, they now believe that the pace of rate cuts next year and the magnitude of rate cuts throughout the easing cycle will be smaller than expected a few weeks ago.
S&P/TSX Ticks Higher, U.S. Stock Markets Down on Latest Inflation Data
"Bond King" Bill Gross warns: the U.S. stock bull market is losing momentum, consider these four defensive investments.
On Thursday, October 10th, despite the record-breaking stock market rebound continuing to impress Wall Street, billionaire investor Bill Gross is not certain if the bull market can last for a long time. Gross also listed his current top four favorite investments.
Wall Street is "waiting quietly" for the usa election, how will the election trade seize the opportunity?
The USA election is approaching, but Wall Street is surprisingly quiet.
Why Shrinking Price Differences Between Walmart, Kroger, And Albertsons Matter To Investors