July CPI meets expectations, inflation eases: Will the expected cuts be significant?

Views 1.1M Contents 197

Cow Moo-ney joined discussion · 1 hour ago

More encouraging data

Retails sales went up by 1% in July. This is way higher than the estimate of 0.3%. This indicates that that economy is still resilient.

In addition, weekly jobless claims fell, which gives investors some confidence that the unemployment rate isn’t that bad.

These 2 days came after 2 soft inflation reports.

Market looks happy. Market rallies

https://youtu.be/itonjjsahok

From YouTube

$Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$ $SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $NASDAQ 100 Index (.NDX.US)$ $Invesco QQQ Trust (QQQ.US)$ $Alphabet-A (GOOGL.US)$ $Grab Holdings (GRAB.US)$ $Amazon (AMZN.US)$ $Uber Technologies (UBER.US)$ $Netflix (NFLX.US)$ $Microsoft (MSFT.US)$

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more

Translate

Report

42K Views

Comment

Cow Moo-ney

Successful investing is about managing risk, not avoiding it. DYODD Support my YouTube channel: Jay el

5661Followers

42Following

27KVisitors