Market Falls Thursday, Producer Inflation Grows, and Tech Pulls Back From Records | LiveStock
Producer Inflation Comes in Hot. The Fed Will Still Cut
Treasury Yields Decline on Jobs, Inflation Data
Inflation Isn't Coming Down. Why the Fed Is Poised to Cut Interest Rates Anyway
The Nasdaq hits 20,000 points! Besides US bonds, US investors are buying everything.
After the release of USA's November CPI data on Wednesday, investors seem to have finally "confirmed" that the Federal Reserve's interest rate cut next week is a done deal; financial markets across asset classes on Wednesday also appeared quite uplifting; apart from the decline in USA Treasuries, investors are buying everything else - USA stocks are rising, Gold is rising, the dollar is rising, Crude Oil Product is rising, and Cryptos are rising...
Treasury Yields Rise as CPI Keeps Fed Cut on the Table -- Market Talk
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CWX : Is it possible to drop to 90?
Derpy Trades OP CWX : Based on my chart, if it continues down it will meet a main trendline around 90.50 to 90.60. If that line acts as support we should at least see a decent DCB from there. I am keeping a close eye on DXY, because if it continues up towards at least 108 I suspect it will be strong headwinds for TLT as well as the overall market. Best of luck! If you haven't already, please consider subscribing to my YouTube channel and/or follow me on X or StockTwits at DerpyTrades.