Month: September 2024

The Fed Pivot is Here

by

Overview: The Federal Reserve completed its September meeting and decided to cut the fed funds rate by 50bp (.5%). Significant items:   The market knew the Fed would pivot and cut at this meeting. There was substantial debate regarding the size of the cut. I had expected 25bp (.25%). The doves in the crowd calling … Read more

Weekly Points – September 13th, 2024 – 5 Things to Know in Investing This Week – The Pivot Week Issue

by

The long-awaited pivot is here. The Federal Reserve is going to cut the fed funds rate this week. Asset gatherers celebrate the opportunity to blow up another asset bubble. The rest of the country should prepare for more misery-causing inflation. Russia talks about limiting exports of uranium during a multi-year supply shortage. Multiple people pinged … Read more

August CPI is 2.5%

by

Overview: Today, we got the August Consumer Price Index (CPI) report which showed an overall increase of 2.5% for the last year and 0.3% for the month. That’s below last month’s 2.9% and consistent with expectations. The 0.3% monthly increase was above the 0.2% expected, and a bigger increase than last month’s 0.2%. The Core … Read more

Referral program

Invite & Earn

X
Signup to start sharing your link
Signup
background banner image
Close
loading gif

Available Coupon

X
Close