Overall, the CPI is rising, and inflation is difficult to contain.
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In January, the core Consumer Price Index in the USA grew by 3.3% year-on-year, forecasted to be 3.1%, with the previous value at 3.2%.The data is truly true and false, hard to believe.
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$AEM SGD (AWX.SG)$ What is the purpose of pumping up a heavily losing stock? Is it for selling off or expecting the overall environment to improve?
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affable Blobfish_403
commented on
The S&P 500 and market fell Wednesday after a morning bump brought the Dow Jones Industrial Average to new highs. The market will close Thursday in observance of the Thanksgiving holiday.
Just past 4 pm ET, the $S&P 500 Index (.SPX.US)$ traded -0.38%, the $Dow Jones Industrial Average (.DJI.US)$ fell 0.31%, after hitting new high of 45,003, and the $Nasdaq Composite Index (.IXIC.US)$ fell 0.60%
MACRO
PCE numbers for October were right as expected ...
Just past 4 pm ET, the $S&P 500 Index (.SPX.US)$ traded -0.38%, the $Dow Jones Industrial Average (.DJI.US)$ fell 0.31%, after hitting new high of 45,003, and the $Nasdaq Composite Index (.IXIC.US)$ fell 0.60%
MACRO
PCE numbers for October were right as expected ...
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Who creates the data?
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@The Warlock：it's not likely. trust the data
The stock market believes this candidate has a 70% chance of becoming the next president of the usa.Who makes the data?
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@The Warlock：it's not likely. trust the data
The stock market believes this candidate has a 70% chance of becoming the next president of the usa.If the election is fair, Trump can win. After all, Harris lacks the ability and relies solely on being excessively praised. If it is unfair, the consequences are unimaginable.
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Artificial highs are hard to sustain, the issue is timing, when will decision-makers trim the leeks?
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Overvaluation is difficult to sustain, the key is timing.
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affable Blobfish_403
commented on
In October 2024, the US economy saw the addition of only 12,000 jobs, a sharp decline from the 223,000 jobs added in September, which itself was a downward revision. This figure was also significantly below the anticipated 113,000 jobs, marking the lowest growth since December 2020.
Additionally, hurricanes may have impacted job numbers in certain industries, although the Bureau of Labor Statistics was unab...
Additionally, hurricanes may have impacted job numbers in certain industries, although the Bureau of Labor Statistics was unab...
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