🇺🇸 SUMMARY OF FED DECISION (11/1/23):

1. Fed leaves rates unchanged for second straight time

2. Fed will assess extent of "additional tightening"

3. Tighter credit conditions continue to weigh on economy

4. Fed will "continue to assess additional information"

5. Inflation target remains at 2%

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🇺🇸 U.S. Home Prices rise to all-time high after increasing 2.6% year-over-year in August

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📣 Hedge Funds have increased stock short positions for 12 consecutive weeks, the longest streak in history!

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📊 World Indices :

SPX - 4,286.59 (1.15%)

🚀 Cryptocurrencies :

Bitcoin USD - 34,974.83 (1.2%)
Ethereum USD - 1,825.63 (1.42%)

🌟 Commodities :

Gold - 1,990.80 (0.17%)
Silver - 22.95 (0.7%)
Crude - 81.27 (1.03%)

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📣 UBER, LYFT TO PAY $328 MILLION TO SETTLE NEW YORK WAGE THEFT CLAIMS (Reuters)

Uber and Lyft will pay a combined $328 million to settle claims by New York's attorney general that the ride-sharing companies systematically cheated drivers out of pay and benefits.

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🚨🚨 The shrinking giant: Fed’s balance sheet down by $1T

Quick Take The Federal Reserve’s balance sheet has seen another sizeable reduction this past week, shedding approximately $40 billion. This now brings the balance sheet’s cumulative contraction to around $1 trillion from its peak.

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📊 World Indices :

SPX - 4,361.72 (1.02%)

🚀 Cryptocurrencies :

Bitcoin USD - 34,522.02 (-1.39%)
Ethereum USD - 1,803.01 (-1.29%)

🌟 Commodities :

Crude - 82.25 (-0.25%)
Silver - 23.38 (2.32%)
Gold - 2,003.80 (0.52%)

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🇺🇸 Emerging Market stocks have fallen to their lowest valuation relative to U.S. stocks in 52 years

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🇺🇸 Warren Buffett and Berkshire Hathaway $BRK.B invested $29.1 Billion to US Treasury Bills during Q3

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📊 World Indices :

SPX - 4,358.34 (0.94%)

🚀 Cryptocurrencies :

Bitcoin USD - 34,718.57 (0.51%)
Ethereum USD - 1,836.31 (1.79%)

🌟 Commodities :

Gold - 1,999.90 (0.32%)
Crude - 80.89 (-1.9%)
Silver - 23.335 (2.14%)

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📣 Mark Zuckerberg of $META has torn his ACL while training for MMA fight, and undergoes surgery, per NYP

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📊 World Indices :

SPX - 4,358.34 (0.94%)

🚀 Cryptocurrencies :

Bitcoin USD - 34,929.26 (0.61%)
Ethereum USD - 1,876.48 (2.19%)

🌟 Commodities :

Gold - 1,999.90 (0.32%)
Silver - 23.335 (2.14%)
Crude - 80.89 (-1.9%)

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🇺🇸 U.S. Bonds saw an inflow of $8.3 billion this week, the largest weekly inflow since June

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🇺🇦 Ukraine's Defence Intelligence believes Russia tracked all reactions to reports of Putin's death

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🇺🇸U.S. ECONOMIC DATA THIS WEEK:

TRADE BALANCE (TUES.)
CONSUMER CREDIT (TUES.)
JOBLESS CLAIMS (THURS.)
CONSUMER SENTIMENT (FRI.)

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