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UK's Unemployment Rate Unchanged at 4.4% in May as Expected
Nasdaq Plunges 2.3% and Is on Pace for Its Worst Trading Day of 2024
Second Weekly Loss for U.S. Dollar Index, Softer Inflation in Play
European Markets Rise as Investors Digest Inflation Data
Asia Markets Mostly Advance, Japan's Nikkei Crosses 42,000 Mark, Eyes on US CPI Report
Like the S&P 500, Japan's Topix Equity Index Is Highly Concentrated and Flying High
SpyderCallOP : Here is a link to the full transcript of the interview. There is quite a bit more info in the transcript than that was actually aired. Might be worth a look.
cbsnews.com/new...
SpyderCallOP : Powell did hint towards potential troubles in smaller banks. $Invesco Kbw Regional Banking Etf (KBWR.US)$ $Ishares Trust U.S. Regional Banks Etf (IAT.US)$ $iShares Russell 2000 ETF (IWM.US)$
MonkeyGee : The economy is not as good as they have portraited. Employment only reflects people who are on unemployment within 6 months. After 6 months, they are no longer included in that number, even if you are still unemployed. The stock market only looks health on the surface. The market is up mainly because of 7 stocks, majority of the stocks are still at 52 low or all time low.