Independent thinking for complex markets and current events
The US stock and bond markets will be closed Monday, Sept. 2, 2024 due to the Labor Day federal holiday. If you need to get anything done before Tuesday you’ve got the rest of today and Friday for your transactions. The next holiday closure is: Thanksgiving Day, Nov. 28, 2024 with a 1/2 day (9:30AM-1:00PM) …
Stocks fell sharply on Friday with the S&P 500 headed for its worst session in roughly two years, as a much weaker-than-anticipated jobs report for July ignited worries that the economy could be falling into a recession. The broad market index dropped 2.1%, on pace for its biggest one-day sell-off since 2022, while the Nasdaq …
The GOP-controlled House Oversight Committee on Tuesday announced it would hold a public hearing on the President Joe Biden family’s business dealings next Thursday Sept. 28, the first since the House launched its impeachment inquiry, sources told ABC News. “We’re going to have three credible witnesses,” chairman James Comer, R-Ky., told ABC News. “We want …
by DesmondMilesDant Caption: Atlanta Fed Q3 GDP est will update on Aug 1 which will be 3.9% up from 3.5%. Caption: Cleveland Fed suggests August cpi in September to be 3.9% but generally, it comes a % down. What this means is rates are 100% going 6% and then it upto our Jamie Dimon if …
