Earnings Rebound on the Horizon: CEOs Signal Turning Point for Corporate America
Corporate America is signaling a potential turnaround in earnings, with CEOs indicating that the current quarter may represent the bottom. This sentiment, particularly among cyclical companies, suggests that the stock market rally could extend beyond technology shares. As the economic environment improves and the Federal Reserve eases its stance, there’s growing optimism for a broader […]
China Planning 10 Trillion Yuan In Extra Debt For Fiscal Stimulus; Oil, Commodities Rebound
China Planning 10 Trillion Yuan In Extra Debt For Fiscal Stimulus; Oil, Commodities Rebound After suffering its biggest drop in two years after the latest iteration of the performative “war” between Israel and Iran ended with yet another dud, oil has rebounded and is 1.4% higher after a Reuters report that China is considering approving […]
US Home Prices Remain Near Record Highs… As Mortgage Rates Re-Surge
US Home Prices Remain Near Record Highs… As Mortgage Rates Re-Surge With mortgage rates re-accelerating, the housing market faces another (worsening) affordability crisis – all since The Fed cut rates – and just to add some more pain to that, S&P CoreLogic’s Case Shiller data for August (released today) shows home prices in the top […]
Oil Traders Eye US Election and OPEC+ as Geopolitical Risks Subside
The oil market is rebalancing as geopolitical concerns subside, causing traders to refocus on supply and demand dynamics. After a sharp decline, oil prices have begun to recover, but the market remains influenced by factors such as sluggish Chinese demand growth and ample supply. Key upcoming events, including the US presidential election and OPEC+ production […]
Election Uncertainty and Economic Data Drive Gold's Ascent
Gold prices are approaching record highs as investors focus on the upcoming U.S. presidential election and key economic data releases. The precious metal’s value has increased by about a third this year, driven by central bank purchases and safe-haven demand amid global conflicts. The tight race between Kamala Harris and Donald Trump is creating uncertainty, […]
Why Nobody Believes The “Data”: Surging Prices Of Everyday Items Are Excluded From CPI
Why Nobody Believes The “Data”: Surging Prices Of Everyday Items Are Excluded From CPI As inflation remains painfully high for American consumers, the Consumer Price Index (CPI) is woefully inadequate in terms of reflecting reality. (AP Photo/Pamela Smith, File) For starters, CPI excludes several significant costs faced by households today – ranging from property taxes […]
Key Market Indicators For November 2024
Key Market Indicators For November 2024 Authored by Lance Roberts via RealInvestmentAdvice.com, Key market indicators for November 2024 present a complex but opportunity-filled environment for traders and investors. Following the first phase of Federal Reserve rate cuts and growing global uncertainties, the technical landscape suggests several notable shifts. Let’s explore the key market indicators to […]
Futures Drop, Yields Rise As Tech Giant Earnings Start With Google On Deck
Futures Drop, Yields Rise As Tech Giant Earnings Start With Google On Deck Futures are down small, reversing a modest overnight gain with small-caps underperforming. As of 8:00am ET, S&P futures are down 0.1%, near session lows, while Nasdaq futures are fractionally higher on the session with Mag7 names mixed while GOOG is higher ahead […]
Musk Denies Allegations He Worked Illegally In America
Musk Denies Allegations He Worked Illegally In America Authored by Stephen Katte via The Epoch Times, Tech billionaire Elon Musk has denied allegations that he worked illegally in the United States in the early days of his career. An Oct. 27 report from The Washington Post alleges that Musk began his career working illegally in […]
Chaos And Crime: Legacy Of The Biden-Harris Border Policies
Chaos And Crime: Legacy Of The Biden-Harris Border Policies Authored by Mark Green via RealClearPolitics, Upon being inaugurated, one of the responsibilities Joe Biden and Kamala Harris assumed was to keep the American homeland secure and safeguard our sovereign borders. Nearly four years later, looking at the catastrophic, unprecedented border crisis that has unfolded on […]