Markets Tread Water Ahead of Tesla Q3 Earnings Wednesday

Tuesday, October 22nd, 2024Markets churned to basically breakeven in today’s trading session. This is a trading climate that is quite ready to absorb some new news in order to point a clear way forward. We obviously note the General Election two weeks from today, but mostly the near-term has to do with the Fed’s interest-rate-cutting schedule.What happens first are the October reports on Personal Consumption Expenditures (PCE) and the Employment Situation, on Thursday and Friday of next week. As a result, t ...