As June's Consumer Price Index (CPI) indicates a slight deceleration in inflation, rising to 3% from the previous year, investors are recalibrating their portfolios, pivoting away from the large-cap technology and that have propelled market indexes to record peaks. There's a noticeable shift towards small-cap stocks and traditionally defensive sectors such as real estate and utilities, which are poised to benefit from a potentia...
Yesterday was a big ROTATION day on US equtities market with small-caps hugely outperforming large-caps. Indeed, small-cap Russell 2,000 gained 3%+ while the S&P 500 fell on the day. The only other day that happened was back on 10/10/2008... Investors probaby have these 2 charts in mind: 1) The HUGE underperformance of small caps vs large aps over the recent years; 2) History showing that Small caps outperform AFTER the first rate cut. The lower than expected...
Wall Street experienced a dramatic shift on Thursday, with winning and losing stocks swapping places. This rare event could help the rally continue. The Russell 2000 small-cap index jumped more than 3%, while every stock in the Magnificent Seven fell. Nvidia dropped over 5% and Apple fell 2.3%, dragging down the S&P 500 and Nasdaq Composite. Bespoke Investment Group noted it was just the second day since 1979 whe...
The US CPI for Jun 2024 will be released on Jul 11, 2024 at 8:30 a.m. Eastern Time. That's all for today, and always remember to DYODD (Do your own due diligence) when making any kind of investment. Thank you and adios!
Spread Love N Joy :
It will be whatever they want it to be, and never what it truly is. It’s a made up and manipulated figure to allow them to do whatever they want with “data” to back it up.
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