Inflation Remains Above Fed Target Despite Rate Cuts
The core Personal Consumption Expenditures (PCE) price index, the Federal Reserve's preferred inflation gauge, was 2.8% in December 2024, exceeding the Fed's 2% target despite three consecutive interest rate cuts that month; personal income increased 0.4%, and consumer spending rose 0.7%.
Inflation Remains Above Fed Target Despite Rate Cuts
The core Personal Consumption Expenditures (PCE) price index, the Federal Reserve's preferred inflation gauge, was 2.8% in December 2024, exceeding the Fed's 2% target despite three consecutive interest rate cuts that month; personal income increased 0.4%, and consumer spending rose 0.7%.
Progress
28% Bias Score
Tech Stocks Rebound After DeepSeek AI Concerns; Tesla Faces Uncertainty
Tuesday's stock market saw a technology-led recovery, with the Nasdaq up 2%, following Monday's dip caused by concerns over the Chinese AI application DeepSeek and its impact on AI investment. Further uncertainty surrounds Tesla due to Elon Musk's multiple roles and potential policy shifts.
Tech Stocks Rebound After DeepSeek AI Concerns; Tesla Faces Uncertainty
Tuesday's stock market saw a technology-led recovery, with the Nasdaq up 2%, following Monday's dip caused by concerns over the Chinese AI application DeepSeek and its impact on AI investment. Further uncertainty surrounds Tesla due to Elon Musk's multiple roles and potential policy shifts.
Progress
36% Bias Score
Market Pauses After Record High; Busy Week Ahead
The S&P 500 closed slightly lower on Friday after reaching a new high on Thursday, while the CNBC Investing Club trimmed its Stanley Black & Decker position and noted strong communication services and healthcare sector performance, with energy lagging; a busy week of earnings, Fed meetings, and econ...
Market Pauses After Record High; Busy Week Ahead
The S&P 500 closed slightly lower on Friday after reaching a new high on Thursday, while the CNBC Investing Club trimmed its Stanley Black & Decker position and noted strong communication services and healthcare sector performance, with energy lagging; a busy week of earnings, Fed meetings, and econ...
Progress
40% Bias Score
Market Downturn Spurs Search for Defensive Stocks
Concerns about persistent inflation above the Federal Reserve's 2% target caused a market downturn this week, prompting Wolfe Research to identify defensive stocks such as Ford, Medtronic, and Coca-Cola based on high dividend yield, low payout ratio, and limited leverage.
Market Downturn Spurs Search for Defensive Stocks
Concerns about persistent inflation above the Federal Reserve's 2% target caused a market downturn this week, prompting Wolfe Research to identify defensive stocks such as Ford, Medtronic, and Coca-Cola based on high dividend yield, low payout ratio, and limited leverage.
Progress
44% Bias Score
Sweden's Inflation Slowdown Fuels Rate Cut Expectations
Sweden's inflation cooled in December, with CPIF at 1.5% and CPI at 0.8%, fueling expectations of another interest rate cut by the Riksbank on January 28th, following five cuts in 2024, despite concerns about lagged effects of monetary policy.
Sweden's Inflation Slowdown Fuels Rate Cut Expectations
Sweden's inflation cooled in December, with CPIF at 1.5% and CPI at 0.8%, fueling expectations of another interest rate cut by the Riksbank on January 28th, following five cuts in 2024, despite concerns about lagged effects of monetary policy.
Progress
36% Bias Score
Weak Chinese Retail Sales Trigger Asian Equity Decline
Asian equities fell on Monday, November's retail sales in China grew 3%, missing expectations of 5%, despite strength in some categories. This sparked concerns regarding the need for further policy support.
Weak Chinese Retail Sales Trigger Asian Equity Decline
Asian equities fell on Monday, November's retail sales in China grew 3%, missing expectations of 5%, despite strength in some categories. This sparked concerns regarding the need for further policy support.
Progress
56% Bias Score
Global Markets Mixed After Earnings, Rate Cuts, and Tariff Concerns
Global markets saw mixed reactions following recent corporate earnings reports and central bank actions; tech stocks rose after Microsoft and Meta releases, while Rogers Communications reported lower-than-expected wireless subscriptions due to pricing competition and immigration decrease; oil prices...
Global Markets Mixed After Earnings, Rate Cuts, and Tariff Concerns
Global markets saw mixed reactions following recent corporate earnings reports and central bank actions; tech stocks rose after Microsoft and Meta releases, while Rogers Communications reported lower-than-expected wireless subscriptions due to pricing competition and immigration decrease; oil prices...
Progress
32% Bias Score
Market Volatility Expected to Continue Amidst Key Economic Data and Earnings Reports
Canaccord Genuity forecasts continued market volatility and near-term S&P 500 downside due to this week's confluence of 97 S&P 500 company earnings reports, the Federal Reserve's interest rate decision, key economic data releases, and Nvidia's substantial decline after the emergence of a Chinese AI ...
Market Volatility Expected to Continue Amidst Key Economic Data and Earnings Reports
Canaccord Genuity forecasts continued market volatility and near-term S&P 500 downside due to this week's confluence of 97 S&P 500 company earnings reports, the Federal Reserve's interest rate decision, key economic data releases, and Nvidia's substantial decline after the emergence of a Chinese AI ...
Progress
48% Bias Score
China's Export Surplus Fuels Global Trade Conflicts
China's massive export surplus, exceeding EU imports almost twofold in 2016, causes global trade conflicts; countries like Brazil, Indonesia, and Turkey impose trade barriers, while the US threatened 60% tariffs, initially implementing 10%, impacting trade with Germany significantly, with exports su...
China's Export Surplus Fuels Global Trade Conflicts
China's massive export surplus, exceeding EU imports almost twofold in 2016, causes global trade conflicts; countries like Brazil, Indonesia, and Turkey impose trade barriers, while the US threatened 60% tariffs, initially implementing 10%, impacting trade with Germany significantly, with exports su...
Progress
48% Bias Score
Australian Inflation Rises to 2.3% in November
Australia's November inflation rate climbed to 2.3%, exceeding expectations despite a fall in the underlying rate to 3.2%; this increase, partly due to a change in government energy rebates, casts doubt on a February interest rate cut, creating economic uncertainty in an election year.
Australian Inflation Rises to 2.3% in November
Australia's November inflation rate climbed to 2.3%, exceeding expectations despite a fall in the underlying rate to 3.2%; this increase, partly due to a change in government energy rebates, casts doubt on a February interest rate cut, creating economic uncertainty in an election year.
Progress
48% Bias Score
Mortgage Rates Hit Highest Point Since July 2024, Causing Application Volume to Plummet
Mortgage application volume fell 3.7% last week due to a fourth consecutive weekly rise in rates, reaching 6.99% for a 30-year fixed-rate mortgage—the highest since July 2024; purchase applications dropped 7% weekly and 15% yearly, while refinance applications rose 2% weekly but fell 6% yearly.
Mortgage Rates Hit Highest Point Since July 2024, Causing Application Volume to Plummet
Mortgage application volume fell 3.7% last week due to a fourth consecutive weekly rise in rates, reaching 6.99% for a 30-year fixed-rate mortgage—the highest since July 2024; purchase applications dropped 7% weekly and 15% yearly, while refinance applications rose 2% weekly but fell 6% yearly.
Progress
36% Bias Score
Reeves's Difficult Week: Lasting Damage?
Analysis of Chancellor Rachel Reeves's challenging week, focusing on criticism of her budget and past career claims, and their potential impact.
Reeves's Difficult Week: Lasting Damage?
Analysis of Chancellor Rachel Reeves's challenging week, focusing on criticism of her budget and past career claims, and their potential impact.
Progress
36% Bias Score