Fed Meeting: Jan/Feb 31/01
US Treasury: 3.59%
Yield Curve: downward slope
Mortgage Rates: 7.081%
Unemployment Rate: 3.7%
Crude Oil: $75.62
Projected rates will be 5%, not been that high since 2007
“Six of the 11 major S&P sectors were lower in morning trade”
Investors are still worried about a recession on 2023
Crude oil rose
65% of investors are now expecting a 25 basis point rate hike in February, 34% are expecting a 50 basis point. – is this good or bad?
Tesla sees some light as Musk considers leaving Twitter.
Shares have been down since Musk took over Twitter
The RSI is very low, might be a good time to enter.
This is the worst inflation in 40 years.
Jerome Powell couldn’t say the rates won’t go higher.
Dampening hopes for a Santa Claus rally
DIS is down because the movie Avatar didn’t meet expectations in earnings
META is breaking laws so it’s currently down
MSFT is down
The report and earnings will give investors an insight into next year’s economic outlook
PCE to be released on Friday Dec 23
The article suggests PCE inflation decreased to 5.5% from 6%
Santa Claus rally usually happens the last five trading days of the year and the first two
During Fed meeting, Jerome Powell confirmed he wants to bring inflation down to 2%
FDX and NKE earnings are key to gauge consumer spending
The Bank of Japan surprised investors globally after it announced it will allow interest rates to keep getting raised for longer.
The rates are a small change right now but can cause a big change in the future.
Will this help the TSLA go back up?
In here it says he’s pulled staff from Tesla and SpaceX to help him with Twitter. Is this why TSLA stock has gone down? Because there are less proficient people working there?
Will this make the stock go down? Or up since there already past the bad news?
“the big cloud on the horizon is the Fed being hawkish about the 2% inflation target.”
We’ll keep seeing sell-offs as interest rates keep going up to surpass the 5%?
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