Lumida Wealth Management
1/ Daily News Round-Up:
- Wall St. bets big on Fed rate cuts, with focus on the upcoming US jobs report.
- Nvidia shares surge 3.5% after earnings beat expectations.
- Oil prices jump following a 3.5M barrel drop in US crude stocks.
- Bitcoin's rally fades post-Fed policy news.
- Verizon inks $9.6B deal to buy Frontier Communications.
#News #Economy #Tech #Oil #Crypto #Mergers
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1/ Daily News Round-Up:
- Wall St. bets big on Fed rate cuts, with focus on the upcoming US jobs report.
- Nvidia shares surge 3.5% after earnings beat expectations.
- Oil prices jump following a 3.5M barrel drop in US crude stocks.
- Bitcoin's rally fades post-Fed policy news.
- Verizon inks $9.6B deal to buy Frontier Communications.
#News #Economy #Tech #Oil #Crypto #Mergers
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EndGame Macro
RT @DiMartinoBooth: "Like all good economists in order to read through these minutes we need 3 hands…No Fed Chair in history has the network of CEOs that Powell has. He doesn't need an industrials report to know what is going on in this economy…"
#fbn #federalreserve #powell #dimartinobooth #economy
https://t.co/fp2PeNKdh3
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RT @DiMartinoBooth: "Like all good economists in order to read through these minutes we need 3 hands…No Fed Chair in history has the network of CEOs that Powell has. He doesn't need an industrials report to know what is going on in this economy…"
#fbn #federalreserve #powell #dimartinobooth #economy
https://t.co/fp2PeNKdh3
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Offshore
EndGame Macro The Number Everyone Will Celebrate… Until They Read the Fine Print in the ISM Services PMI On the surface, the November ISM Services PMI looks steady. The headline sits at 52.6, business activity at 54.5, and new orders at 52.9, all technically…
y due to government shutdown air-traffic disruptions and #tariffs), but business activity remained solid as the #ISMPMI hit 52.6% in November. Twelve of 18 industries reported growth. https://t.co/RE3dQxIIu4 #economy - Institute for Supply Management tweet
Offshore
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EndGame Macro
Worth your time reading. @DiMartinoBooth doesn’t mince words about what’s at stake for Fed independence…
“Generations of mission creep had led the Committee, not the Board, astray. No longer was monetary policy conducted to promote the effective operation of the U.S. economy and, more generally, the public interest.’”
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Worth your time reading. @DiMartinoBooth doesn’t mince words about what’s at stake for Fed independence…
“Generations of mission creep had led the Committee, not the Board, astray. No longer was monetary policy conducted to promote the effective operation of the U.S. economy and, more generally, the public interest.’”
The Weekly Quill — OPEN LETTER to The Federal Open Market Committee on behalf of Every Hardworking American Who Wakes Up in the Morning Asking Themselves What Went Wrong
https://t.co/CL8kERJVDP
#federalreserve #powell #dimartinobooth #economy https://t.co/2Zv6pdRqHn tweet