Turkish inflation accelerated for the first time in more than a year, casting doubt on whether the central bank can push ahead with its recent string of rate cuts https://t.co/GV1kI4Doj5 ...

RT Mayne (@Tradermayne)Me - stressing about the cycle. How much longer they can pump the stock market before something breaks? More rate cuts comingMy wife - https://t.co/DqO4U1lyCl ...

Me - stressing about the cycle. How much longer they can pump the stock market before something breaks? More rate cuts comingMy wife - https://t.co/DqO4U1lyCl ...

But in terms of actually economic output that we see going forward. >> All right, for more on the markets, let's bring in Verdant's CIO, Megan Hordeman. She joins us here.Uh Megan, great to have you with us. I'm going to pose the same let's start off the conversation with the question I posed to the desk and that is markets at record highs here or a 4% CD for the next six months. >> 4% CD all the way.>> Wow. >> I wouldn't be >> absolutely you know I've listened to the other guests. We've we've talked about ...

Market Trends & Economic Outlook - US stock market is on track for five straight days of gains, with the Dow up approximately 025% [1] - Bond market indicates a lack of concern about risk, with the 30-year Treasury yield well below 5% [2] - The labor market is showing signs of slowing, with muted hiring [1] - The market is pricing in another 25 basis point rate cut in December [1] Company Performance & Sector Analysis - Semiconductors are outperforming, with Intel up almost 4% [1] - Tesla's Q3 deliveries set a record at just over 497000 cars, but shares are down about 4% [2] - DraftKings is considered undervalued, trading at 19 times earnings with 75% earnings growth [5] - AI optimism is boosting stocks, with OpenAI valued at $500 billion in a secondary sale [3] Investment Opportunities & Potential Risks - Foreign direct investment (FDI) of $17 trillion and AI tech spending are acting as stimulus programs [2] - Circular financing in the AI sector may end poorly in the long term [3] - Cannabis stocks are rallying due to potential rescheduling, with Advisor Shares Pure US Cannabis ETF (MSOS) specializing in US multi-state operators [19][25]

The central bank's commentary at Wednesday's monetary policy meeting, economists said, suggest the "A December cut is going to be very conditional," US President Soumya Kanti Ghosh, group chief economic adviser, Live EventsOn Wednesday, the RBI's Monetary Policy Committee (MPC) kept the policy repo rate unchanged at 5.50%, with governor Sanjay Malhotra acknowledging space for easing to further support growth.There has also been a notable change in the language with the MPC saying that "sobering of inflatio ...

RATE CUTS IN OCTOBER! 🚀 https://t.co/aCTSic6VDn ...

Market Impact of Potential Government Shutdown - Markets dislike uncertainty, and a short-term shutdown is not expected to significantly impact the bond or stock market, but a persistent shutdown could increase volatility [1][3] - A government shutdown could lead to a bond market rally, particularly on the short end of the curve, while equities may wobble [2] - If the shutdown persists and the Fed doesn't receive necessary data, markets may become shaky, leading to a flight to safety [4] - The absence of government data like CPI and PPI due to the shutdown is more problematic for the market because it impacts the Fed's decision-making process regarding rate cuts [6][7] - The market is expecting around three rate cuts through the balance of the year, and a lack of data could put those rate cuts on hold [6] Sector Performance and Investment Trends - Healthcare and utilities are leading sectors, indicating a defensive tilt in the market, while tech is also hitting new highs, driven by AI and cybersecurity investments [8][9][10] - Companies are becoming more efficient with fewer people, fueling growth in the tech sector [10] - Investors are showing a flight to quality, seeking security and retirement security, and leaning towards more conservative and balanced portfolios [9][11] Retirement Savings and Investment Strategies - TIAA manages approximately $955 billion in assets in its retirement business [12] - People are moving towards target date funds and looking for guaranteed income options [12] - While private markets can pose more risk, participants are guided to save, diversify their asset allocation, and balance it against their risk profile, including bonds, stocks, and guaranteed asset classes [13][14] - 95% of people would want to have guaranteed income in addition to social security [14] - Plan sponsors are increasingly offering guaranteed income options as part of employees' diversified portfolios [15] - There's a trend towards diversified portfolios with protection during accumulation and the option for guaranteed lifetime income [15][16]

Labor Market & Economic Data - ADP data indicates a weakening labor market, with jobs shrinking [2] - Small and medium-sized businesses are disproportionately affected by the slowdown in jobs data [3] - The market is increasingly relying on ADP data due to concerns about government economic data delays and revisions [1][5][9][10][11] - The Fed is also reportedly using private data to estimate non-farm payroll numbers [13][14] Monetary Policy & Interest Rates - Investors are pricing in a 99% probability of a Fed rate cut in October, driven by the ADP report [2] - The market anticipates multiple rate cuts to prevent a rapid increase in the unemployment rate [8][17] - Yields are declining in response to the ADP report and expectations of Fed rate cuts [2][7][17] Market Outlook & Investment Strategy - Wall Street remains generally bullish on the stock market despite the labor market slowdown [4] - Goldman Sachs views a slowdown in the labor market as the biggest risk to the economy [4] - Uncertainty, such as tariff uncertainty, is putting downward pressure on yields [16]

Let's get back to the broader markets and talk about what to expect going into year end. All as the Dow tracks for its fifth positive quarter in a row. S&P NASDAQ pacing for their seventh positive quarter in eight.Joining us here this morning at Post 9, Deutsche Bank chief US equity strategist and global strategist Binky China. Binky, it's great to have you in. >> Thanks to you.So year end 7K >> and 10 year almost four and a half, right. >> That's right. >> Market can deal with that.>> Uh I believe so. Yeah ...