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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
Wall Street interprets the CPI: no change to the Fed's "gradual easing," core inflation remains strong supporting the pause in interest rate cuts in January.
Analysis suggests that the CPI, which meets expectations, demonstrates that the cooling of inflation has basically stagnated in recent months. While this is not enough to disrupt the year-end bull market in U.S. stocks, it also means that an interest rate cut next week is not guaranteed, especially with the potential inflation upward risks brought by Trump's tariffs and fiscal expansion next year drawing attention. The yield on 10-year U.S. Treasuries first fell and then rose.
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.