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🧊THE OCTOBER CPI REPORT🧊
🧊Inflation slowed down once more
⛽ Fuel costs are working in your pockets’s favor once more
😖Providers inflation is…choosing up once more?
⛰ The pattern is obvious(ish), a superb signal when you’re anxious about charges pic.twitter.com/ku54FC3eUs
— Callie Cox (@callieabost) November 14, 2023
WALLER: WHAT PEOPLE HAVE IN MIND NOW IS FOR PRICES TO RETURN TO EARLIER LEVELS, AND “THAT IS NOT GOING TO HAPPEN”
— *Walter Bloomberg (@DeItaone) November 7, 2023
the median voter desires double-digit deflation, a booming financial system, a decent labor market apart from low-level service employees, and rising residence costs besides once they need to purchase and albeit, is that an excessive amount of to ask for?
— Ben Walsh (@BenDWalsh) November 14, 2023
MORGAN STANLEY: “We initiated our tender touchdown name in March 2022, maintained that decision for 2023, and are rolling it ahead” for 2024. We see core PCE falling to 2.4% in 2024, with the Fed reducing charges starting in June.
“4 25bp cuts in 2024 and eight in 2025 ..” [Zentner] pic.twitter.com/xOVFAYmQ6I
— Carl Quintanilla (@carlquintanilla) November 12, 2023
BofA: Client spending moderated in October with complete card spending falling 0.2%.
Aggregated credit score and debit card spending per family fell 0.5% year-over-year pic.twitter.com/yzskIj2An1
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) November 9, 2023
— Sam Ro 📈 (@SamRo) November 6, 2023
2) The Sahm rule is: when the three-month shifting common of the nationwide unemployment price rises by 0.50 proportion factors or extra relative to its low throughout the earlier 12 months, we’re in a recession.
— Claudia Sahm (@Claudia_Sahm) November 3, 2023
For all of the discuss of a recession, job openings in “just about each business” are above 2019 ranges. Each the layoff price and preliminary jobless claims are nonetheless low –Goldman pic.twitter.com/zQrzHe0fMT
— Gunjan Banerji (@GunjanJS) November 12, 2023
The S&P 500 has gone 467 buying and selling days with out making a brand new all-time excessive.
After the Nice Despair it went greater than 6,000… pic.twitter.com/98h4KhEUUK
— Bespoke (@bespokeinvest) November 12, 2023
We formally noticed a brilliant uncommon Zweig Breadth Thrust immediately. Due to @NDR_Research for the information.
This uncommon sign is just shares shifting from very oversold to overbought in lower than two weeks.
All you’ll want to know is since WWII, the S&P 500 is increased a 12 months later each time. pic.twitter.com/4iAaf3nsSY
— Ryan Detrick, CMT (@RyanDetrick) November 3, 2023
Russell 3,000 names by cumulative quick PnL over the previous decade. Shorts made about $80 billion of greenback earnings on about 30% of names, and misplaced $900 billion complete throughout all names over 10 years. pic.twitter.com/KQ3snfsdCT
— Quantian (@quantian1) November 6, 2023
Small-caps now characterize lower than 4% of the entire US fairness market.
by way of Jefferies pic.twitter.com/XomHVD2lg6
— Every day Chartbook (@dailychartbook) November 10, 2023
Within the coming week, the Russell 2000 may have gone 500 buying and selling days, practically two full years, because it final closed at a 52-week excessive. That is the Third-longest streak within the index’s historical past. Be taught extra: https://t.co/2XJ9j5GtBl @jasongoepfert
— SentimenTrader (@sentimentrader) November 4, 2023
– Jefferies pic.twitter.com/EFkVaZD6rX
— Every day Chartbook (@dailychartbook) November 13, 2023
2020: nobody desires to work
2021: The Nice Resignation
2022: quiet quitting
2023: nobody desires to give up anymore
these are all bizarre methods for the media to explain the most popular labor market we have skilled in like 40 years
— Ben Carlson (@awealthofcs) November 6, 2023
Bitcoin’s market demand has outpaced its provide, a transparent signal of strong constructive momentum.
In simply sooner or later, a whopping 700,000 new BTC addresses joined the community. This enlargement is taken into account one of the dependable indicators for value predictions.
With fewer BTC cash… pic.twitter.com/zAcgFc9LkS
— 𝗡𝗲𝗴𝗲𝗻𝘁𝗿𝗼𝗽𝗶𝗰 (@Negentropic_) November 6, 2023
The craziest factor about somebody bidding $3,000,000 simply now for one thing that’s truly — lastly — completely nugatory is the proprietor wont even settle for it. pic.twitter.com/5wWd2HLoqN
— NFTstats.eth (@punk9059) November 11, 2023
(Bloomberg) – The typical 30-year mortgage price plunged final week by essentially the most in additional than a 12 months, serving to generate the most important advance in residence buy purposes since early June.@enterprise $XHB @LiveSquawk https://t.co/pGOdFIPkKP
— Carl Quintanilla (@carlquintanilla) November 8, 2023
First-time consumers made up 32% of all residence consumers, up from final 12 months’s historic low of 26%, however nonetheless under the typical of 38% since 1981. #NARHBS
— NAR Analysis (@NAR_Research) November 13, 2023
— Jeremy Horpedahl 🤷♂️ (@jmhorp) November 12, 2023
Expedia CEO on the buyer: “We’ve not seen actually something on the buyer aspect. We maintain wanting…you’d should squint it actually exhausting and look by sub subregion to attempt to and reduce it by value level and numerous issues to essentially see something noticeable”
— The Transcript (@TheTranscript_) November 5, 2023
Advert markets choosing up from the lows.
Information Corp CEO: “Particularly at Dow Jones, promoting was down 3%, which was a marked enchancment after a 14% decline within the prior quarter. Each digital and fringe reported enchancment in pattern strains”$NWSA
— The Transcript (@TheTranscript_) November 11, 2023
64% of Individuals would welcome a recession if it meant decrease mortgage charges, per USA At this time.
— unusual_whales (@unusual_whales) November 11, 2023
Who’s lacking their bank card funds?
**Millennial bank card delinquencies at the moment are increased than pre-pandemic**, NY Fed knowledge exhibits.
— Heather Lengthy (@byHeatherLong) November 7, 2023
File-high share of US customers planning to go on trip to a international nation inside the subsequent six months. ✈️
— Carl Quintanilla (@carlquintanilla) November 12, 2023
Paramount mentioned streaming subscribers will see much more value will increase shifting ahead — a pattern that is permeated all through the complete media business. https://t.co/Sq9yxcDP52 pic.twitter.com/gdgB6VKnIl
— Yahoo Finance (@YahooFinance) November 5, 2023
‘THE MARVELS’ earns $21.3M within the movie’s home opening day, the bottom in MCU historical past.
— DiscussingFilm (@DiscussingFilm) November 11, 2023
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