Nnamani
reacted to
Columns Wall Street Today | Mortgage Rates Top 6% for the First Time Since the 2008 Financial Crisis
MACRO
Fed's 75-or-100 Choice Keeps Traders Guessing as Decision Nears
Federal Reserve officials could find reasons for raising rates by a full percentage point next week if they decide to look hard enough, though the base case still looks like 75 basis points. Investors ascribe around 24% odds it could happen, according to pricing in interest-rate futures, and some Fed watchers view the probability as hig...
Fed's 75-or-100 Choice Keeps Traders Guessing as Decision Nears
Federal Reserve officials could find reasons for raising rates by a full percentage point next week if they decide to look hard enough, though the base case still looks like 75 basis points. Investors ascribe around 24% odds it could happen, according to pricing in interest-rate futures, and some Fed watchers view the probability as hig...
19
8
Nnamani
liked and commented on
Apple is expected to launch its new iPhone 14 as well as upgrades to the Apple Watch and Airpods at a special event to be held on September 7. The market has also reacted well, as $Apple (AAPL.US)$outperformed the market from its June lows.
As usual, Apple is likely to launch two Pro versions and two standard versions of iPhone. However, Apple is expected to launch a larger screen version of the standard iPhone 14 (likely with a 6.7-inch screen) w...
As usual, Apple is likely to launch two Pro versions and two standard versions of iPhone. However, Apple is expected to launch a larger screen version of the standard iPhone 14 (likely with a 6.7-inch screen) w...
58
84
16
Nnamani
reacted to
MACRO
No Soft Landing Ahead to Save Stocks, Goldman's Oppenheimer Says
The economic soft landing that stock bulls are hoping for is unlikely given persistently higher inflation and risks of a global economic slowdown, according to $Goldman Sachs (GS.US)$'s Peter Oppenheimer.
US Stock Market Has Yet to Find a Bottom, Bank of America's Subramanian Says
The $S&P 500 Index (.SPX.US)$ still hasn't bottomed yet despite its 7% pl...
No Soft Landing Ahead to Save Stocks, Goldman's Oppenheimer Says
The economic soft landing that stock bulls are hoping for is unlikely given persistently higher inflation and risks of a global economic slowdown, according to $Goldman Sachs (GS.US)$'s Peter Oppenheimer.
US Stock Market Has Yet to Find a Bottom, Bank of America's Subramanian Says
The $S&P 500 Index (.SPX.US)$ still hasn't bottomed yet despite its 7% pl...
23
2
12
Nnamani
reacted to
The week's earnings highlights will include $Best Buy (BBY.US)$, $Chewy (CHWY.US)$, $Baidu (BIDU.US)$, and $HP Inc (HPQ.US)$ on Tuesday; $Okta (OKTA.US)$ on Wednesday; and $Broadcom (AVGO.US)$, $The Campbell's Co (CPB.US)$, and $Lululemon Athletica (LULU.US)$ on Thursday.
The main event on the economic calendar will be Friday's release of the August employment report by the Bureau of Labor Statistics. Economists on average are forecasting a gain of 270,...
The main event on the economic calendar will be Friday's release of the August employment report by the Bureau of Labor Statistics. Economists on average are forecasting a gain of 270,...
+3
27
5
14
Nnamani
liked and voted
Mental accounting is a behavioral economics concept which refers to the different values a person places on the same amount of money, based on subjective criteria, often with detrimental results.
Simply put, it explain why people think less about some purchases than others?
Let see some real life example of mental accounting.
@Mikebierer: Hate spending $200 on groceries $Bed Bath & Beyond Inc (BBBY.US)$ $AMC Preferred Equity Unit (APE.US)$ $AMC Entertainment (AMC.US)$
@yeftern: Where th...
Simply put, it explain why people think less about some purchases than others?
Let see some real life example of mental accounting.
@Mikebierer: Hate spending $200 on groceries $Bed Bath & Beyond Inc (BBBY.US)$ $AMC Preferred Equity Unit (APE.US)$ $AMC Entertainment (AMC.US)$
@yeftern: Where th...
+8
45
39
5