Econ #s

Tech Stocks Rebound As Magnificent 7 Roar On Strong Earnings, Energy Giants Tumble: What's Driving Markets Friday?
Fed's Preferred Inflation Gauge Outstrips Expectations: 'Rate Cuts Aren't Necessary For The Bull Market To Continue'
Fed's Key Inflation Indicator Hits 2.8%, Dashes Rate Cut Hopes; Traders On Alert
Fed's Preferred Inflation Gauge Outstrips Expectations: 'Rate Cuts Aren't Necessary For The Bull Market To Continue'
Fed's Key Inflation Indicator Hits 2.8%, Dashes Rate Cut Hopes; Traders On Alert
Gold Glitters On Stagflation Tailwinds: Newmont Soars 13% In Biggest Post-Covid Gain, Leads Mining Sector Surge
Stocks Drop, Tech Tumbles With Meta's Weak Outlook, Q1 Stagflation Fears; Gold Miners Advance: What's Driving Markets Thursday?

Econ #s Recent News

US Growth Slows In Q1, Yet Inflation Acceleration Signals Stagflation: 'The Worst Possible Outcome For The Fed'
US economy disappointed in growth, but inflation exceeded predictions, causing stagflation. Experts warn of negative impact on economy & markets.
US Economy Grows 1.6% In Q1, Sharply Below Expectations As Price Pressures Weigh On Spending (CORRECTED)
The U.S. economy grew in the first quarter of the year, albeit at a markedly slower pace compared to the final quarter of 2023.
Israel Gears Up For Military Strike In Rafah Despite Biden's Warning
Israel plans to evacuate civilians and target last Hamas stronghold in Rafah. Preparations underway, with US aid and criticism from Turkey.
Treasury Yields Reach 5-Month High, Lift Mortgage Rates; Expert Warns 'Federal Debt Blob Is Out Of Control'
U.S. Treasury yields continue to rise, impacting mortgage market and economy. Bond ETFs down, mortgage rates highest since 2023, federal deficit concerns.
US Economy Expected To Grow 2.5% In Q1: Not 'A Hard Landing And Hardly A Soft One'
The U.S. GDP growth rate for Q1 2024 is highly anticipated, with expectations of a 2.5% increase. Goldman Sachs forecasts a more optimistic 3.1% growth, driven by factors such as lower mortgage rates and strong consumer spending.
'We're Buying This Soft Landing': Former Fed Governor Blames Government Spending For Delaying Rate Cuts
Robert Kaplan critiques U.S. fiscal policies, stating they hinder Fed's ability to cut rates amidst inflation. Risk of high rates and debt.
Did The Fed's Strategy Pay Off? Goldman Sachs Projects Steady Inflation Decline In 2024
Goldman Sachs predicts core PCE inflation to decrease to 2.2% by end of 2024, citing decreases in consumer electronics and financial services prices.
Stocks Rally On Weaker PMI Data, Tech Earnings Optimism, Dollar Falls: What's Driving Markets Tuesday?
Stocks surged as weak economic data raised hopes for Fed rate cut. S&P 500 up 1.2%, Nasdaq 100 up 1.5%, Dow Jones up 0.6%. Spotify shares jump 17% on earnings.
Private Sector Growth Unexpectedly Slows In April, Marks Lowest Increase In 4 Months: 'Drivers Of Inflation Have Changed'
US private sector activities slowed in April, with PMI at a 4-month low. Prices for goods and services rose at a slower pace, while employment decreased.
US Mulls Sanctions On Beijing Banks For Alleged Role In Putin's War In Ukraine: 'China Can't Have It Both Ways,' Blinken Says
China "can't purport to want to have positive friendly relations with countries in Europe... and at the same time be fueling the biggest threat to European security since the end of the Cold War," Blinken said.
Geopolitical Relief Triggers Gold Selloff: Prices Dip Below $2,350 Mark, Mining Stocks Hit Hard
Gold prices declined 2.7% in NY due to reduced geopolitical risks. Silver also fell 5.1%. Israeli officials averted a US-backed counterstrike on Iran, easing tensions. Gains were pared as Iran downplayed strikes and traders await key economic data. Mining stocks also dropped, with GDX and SIL falling over 3%.
Nasdaq 100 Notches Worst Day Since Late 2023, Worst Week Since Late 2022 As AI-Driven Chipmakers Tumble: Fed Can Take 'The Rest Of The Year Off'
The Nasdaq 100 index had its worst day since late October 2023, with a 2.1% drop and fourth consecutive week of declines. Tech stocks have been hit hard by mixed earnings, geopolitical risks, and Fed's reluctance for rate cuts.
Powell, Middle East Fears Weigh On Tech Stocks, Treasury Yields Hit 5%, Gold Notches Fifth Week Of Gains: This Week In The Markets
The Nasdaq 100’s technology stocks wrapped up their fourth consecutive week in the red, marking their most dismal stretch and sharpest declines since late 2022, as investors opted to pocket profits against a backdrop of mounting concerns over inflation and geopolitical tensions.

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