Charstey
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Global markets
DJ (+0.04%) finally took a breather from 10thconsecutive losing streak. S&P500 (-0.09%) and Nasdaq (-0.12%) lost steam.
Fed indicated only 2 more cuts in year 2025, due to stubbornly high inflation. FOMC forecasted inflation to be around 2.5% next year. Bond futures priced in 1.5 cut next year only.
VIX retreated from its high of 28% to settle around 24%. Market still worried about the downside risk.
US treasury 10-years still hovered around...
DJ (+0.04%) finally took a breather from 10thconsecutive losing streak. S&P500 (-0.09%) and Nasdaq (-0.12%) lost steam.
Fed indicated only 2 more cuts in year 2025, due to stubbornly high inflation. FOMC forecasted inflation to be around 2.5% next year. Bond futures priced in 1.5 cut next year only.
VIX retreated from its high of 28% to settle around 24%. Market still worried about the downside risk.
US treasury 10-years still hovered around...
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14
Charstey
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Guessed one right - - increasing stocks, next kicked out of the 100 Index, double blow, then followed by high fines for financial fraud and so on.
Translated
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1
Charstey
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