Inflation Meets Expectations, Nasdaq Hits Record High
U.S. inflation edged up to 2.7% in November, meeting expectations and bolstering predictions of a Fed rate cut; concurrently, the Nasdaq Composite surpassed 20,000, driven by tech giants' gains, while ETF inflows exceeded $1 trillion.
Inflation Meets Expectations, Nasdaq Hits Record High
U.S. inflation edged up to 2.7% in November, meeting expectations and bolstering predictions of a Fed rate cut; concurrently, the Nasdaq Composite surpassed 20,000, driven by tech giants' gains, while ETF inflows exceeded $1 trillion.
Progress
44% Bias Score
Trump's Tariff Threats Shake Global Markets
Donald Trump's 2024 election victory was initially celebrated by the US stock market, but concerns arose over his renewed threats of tariffs on China, Canada, Mexico, and other trade partners, potentially leading to a global trade contraction of up to 10% and a 1% reduction in US economic growth, ac...
Trump's Tariff Threats Shake Global Markets
Donald Trump's 2024 election victory was initially celebrated by the US stock market, but concerns arose over his renewed threats of tariffs on China, Canada, Mexico, and other trade partners, potentially leading to a global trade contraction of up to 10% and a 1% reduction in US economic growth, ac...
Progress
40% Bias Score
"Trump Acknowledges Grocery Price Reduction Challenges Despite Campaign Promises"
"President-elect Trump, in a Time magazine interview, acknowledges the difficulty of lowering grocery prices despite campaign promises, attributing current high prices to the Biden administration. He plans to lower costs through increased energy production and supply chain improvements, although exp...
"Trump Acknowledges Grocery Price Reduction Challenges Despite Campaign Promises"
"President-elect Trump, in a Time magazine interview, acknowledges the difficulty of lowering grocery prices despite campaign promises, attributing current high prices to the Biden administration. He plans to lower costs through increased energy production and supply chain improvements, although exp...
Progress
48% Bias Score
Fed Rate Cut Likely Next Week, Pending Inflation Data
Traders anticipate another Federal Reserve interest rate cut next week, with an 86% likelihood according to the CME FedWatch Tool, pending this week's CPI and PPI reports expected to show increases of 0.3% and 0.2%, respectively. The decision is also influenced by labor market concerns and political...
Fed Rate Cut Likely Next Week, Pending Inflation Data
Traders anticipate another Federal Reserve interest rate cut next week, with an 86% likelihood according to the CME FedWatch Tool, pending this week's CPI and PPI reports expected to show increases of 0.3% and 0.2%, respectively. The decision is also influenced by labor market concerns and political...
Progress
44% Bias Score
Conflicting Market Forecasts for 2025 Amidst Policy Uncertainty and Tariff Concerns
Citi forecasts mid-single-digit S\u0026P 500 gains in 2025 to 6,500 but warns of volatility; Barclays expects a continued 2024 rally; potential tariffs, not expected until late 2025, could reduce GDP by 1.2% and raise inflation by 1.1%; Biden may block U.S. Steel's $14.1B sale to Nippon Steel.
Conflicting Market Forecasts for 2025 Amidst Policy Uncertainty and Tariff Concerns
Citi forecasts mid-single-digit S\u0026P 500 gains in 2025 to 6,500 but warns of volatility; Barclays expects a continued 2024 rally; potential tariffs, not expected until late 2025, could reduce GDP by 1.2% and raise inflation by 1.1%; Biden may block U.S. Steel's $14.1B sale to Nippon Steel.
Progress
32% Bias Score
US Inflation Rises to 2.7% in November, Complicating Fed Rate Cut
US inflation rose to 2.7% annually in November 2024, exceeding October's rate and driven by food and energy price increases, though shelter inflation continued to decline; this complicates the Federal Reserve's planned rate cut next week.
US Inflation Rises to 2.7% in November, Complicating Fed Rate Cut
US inflation rose to 2.7% annually in November 2024, exceeding October's rate and driven by food and energy price increases, though shelter inflation continued to decline; this complicates the Federal Reserve's planned rate cut next week.
Progress
44% Bias Score
Crecimiento estable en Asia a pesar de la incertidumbre política en EE.UU.
El Banco Asiático de Desarrollo redujo sus previsiones de crecimiento para Asia, citando incertidumbre por cambios políticos en EE.UU., mientras que China, elogiada por líderes económicos mundiales, se mantiene como un motor de crecimiento estable gracias a su mercado interno y apertura.
Crecimiento estable en Asia a pesar de la incertidumbre política en EE.UU.
El Banco Asiático de Desarrollo redujo sus previsiones de crecimiento para Asia, citando incertidumbre por cambios políticos en EE.UU., mientras que China, elogiada por líderes económicos mundiales, se mantiene como un motor de crecimiento estable gracias a su mercado interno y apertura.
Progress
56% Bias Score
Wholesale Inflation Rises, Exceeding Expectations Despite Fed Rate Cut
US wholesale prices increased 0.4% in November, exceeding forecasts, with food costs rising 3.1% due to higher fruit, vegetable, and egg prices; this follows a 2.7% increase in consumer prices, yet the Federal Reserve is still expected to cut interest rates next week.
Wholesale Inflation Rises, Exceeding Expectations Despite Fed Rate Cut
US wholesale prices increased 0.4% in November, exceeding forecasts, with food costs rising 3.1% due to higher fruit, vegetable, and egg prices; this follows a 2.7% increase in consumer prices, yet the Federal Reserve is still expected to cut interest rates next week.
Progress
36% Bias Score
Biden warns of economic 'catastrophe' under Trump's planned tariffs
President Biden criticized President-elect Trump's planned tariffs on imports from Canada, Mexico, and China, warning of increased consumer prices and potential economic catastrophe; Trump's inauguration is scheduled for January 20th.
Biden warns of economic 'catastrophe' under Trump's planned tariffs
President Biden criticized President-elect Trump's planned tariffs on imports from Canada, Mexico, and China, warning of increased consumer prices and potential economic catastrophe; Trump's inauguration is scheduled for January 20th.
Progress
40% Bias Score
Return to Classic Investing Strategies Amidst Economic Realities
Major investment forces are returning to classic investing strategies due to high inflation, rising interest rates, and overvalued assets, leading investors to focus on fundamentally strong companies and avoid speculative investments.
Return to Classic Investing Strategies Amidst Economic Realities
Major investment forces are returning to classic investing strategies due to high inflation, rising interest rates, and overvalued assets, leading investors to focus on fundamentally strong companies and avoid speculative investments.
Progress
52% Bias Score
CPI Meets Expectations, GM Ends Cruise, Macy's Lowers Outlook
Wall Street is poised for growth after November's CPI report met expectations, while General Motors ended its Cruise robotaxi service due to competition; Macy's lowered its earnings outlook amid an internal investigation.
CPI Meets Expectations, GM Ends Cruise, Macy's Lowers Outlook
Wall Street is poised for growth after November's CPI report met expectations, while General Motors ended its Cruise robotaxi service due to competition; Macy's lowered its earnings outlook amid an internal investigation.
Progress
52% Bias Score
Wells Fargo Stock Soars 51% on Strong Q3 Results and Deregulation Hopes
Wells Fargo's stock (WFC) surged 51% year-to-date, outpacing the S&P 500 and Bank of America, driven by strong wealth management performance despite lower net interest income in Q3 2024 ($20.4 billion revenue, $5.1 billion profit). Future prospects hinge on potential deregulation under a second Trum...
Wells Fargo Stock Soars 51% on Strong Q3 Results and Deregulation Hopes
Wells Fargo's stock (WFC) surged 51% year-to-date, outpacing the S&P 500 and Bank of America, driven by strong wealth management performance despite lower net interest income in Q3 2024 ($20.4 billion revenue, $5.1 billion profit). Future prospects hinge on potential deregulation under a second Trum...
Progress
44% Bias Score