Economists downgraded their projections for US job growth through the end of next year, helping explain why the Fed is expected continue to lower interest rates https://t.co/XVKDzjGHiS ...

Core Viewpoint - U.S. stock futures are mostly higher as the market anticipates key inflation data that could influence future interest rate decisions [1][3]. Group 1: Market Performance - Dow Jones Industrial Average futures increased by 74 points, or 0.2% [2]. - S&P 500 futures rose less than 0.1%, while Nasdaq 100 futures decreased by 0.1% [2]. - All three main indexes experienced declines for three consecutive days, marking the first occurrence since March 28 [2]. Group 2: Economic Indicators - The Bureau of Economic Analysis is set to release the August reading of the personal consumption expenditures (PCE) price index, which is the Federal Reserve's preferred inflation measure [3]. - A slight increase in price growth is expected for August, but this may not alter market expectations regarding potential interest rate cuts by the Federal Reserve [3].

The European Central Bank has backed calls to not lower interest rates further https://t.co/o66se6tsBA ...

BREAKING: 🇺🇸 PRESIDENT TRUMP SAYS INTEREST RATES ARE STILL TOO HIGH.I GUESS MORE CUTS ARE COMING 🔥 ...

Over the summer, many of the home builders started rallying in anticipation of rate cuts from the Fed. But now the Feds start cutting and the group keeps rolling over. So what's going on here.Didn't we want rate cuts to jolt the industry out of the doldrums. Well, let's look at what happened when some of the key home builders recently reported. First, we got Lenar, the Miami based developer that's become one of the largest home builders in the country.Lenar kicked these off last Thursday when they reported ...

ROMAINE: A SOLID U.S. ECONOMY OR CUTS TO INTEREST RATES. INVESTORS WEIGH IN ON WHICH IS MORE IMPORTANT. >> WE ARE KICKING YOU OFF TO THE CLOSING BELL HERE IN THE WEST LET'S GET A CHECK OF WHERE MARKETS STAND. DOWN FOR A THIRD DAY IN THE ROW ON THE MAJOR EQUITY INDEXES. THE S&P 500, 66 HUNDRED EVEN. NASDAQ FALLING HALF OF A PERCENT. YOU DO SEE SOME OF THE BIG TECH STOCKS DRAGGING US DOWN AND NOTABLY TESLA. I'M WATCHING THE FRONT END OF THE CURVE CLIMB A LITTLE HIGHER THAN THE BACKEND. UP ALMOST SIX BASIC -- ...

Hello everyone. Today we are going to deeply analyze all the current economic data with the goal of deciding whether we are bullish or bearish right now. We'll discuss the US government's new obsession with buying equity and important companies.And finally, we're going to ponder the big question of whether the Bitcoin 4-year cycle is that going to remain or not. We're live today from the desk of Anthony Pompiano. [Music] Before we get into today's episode, I need your help.My goal is to get to 1 million sub ...

Core Insights - The U.S. economy expanded at a surprising 3.8% from April to June, significantly higher than the previous estimate of 3.3% [3][5] - Consumer spending rose at a 2.5% pace, up from 0.6% in the first quarter, indicating stronger consumer resilience amid trade uncertainties [5][6] - A notable decline in imports at a 29.3% pace contributed over 5 percentage points to the second-quarter growth, reversing the trend from the first quarter [4][5] Economic Performance - The U.S. GDP rebounded from a 0.6% drop in the first quarter, which was the first decline in three years, primarily due to increased imports [3][4] - The underlying strength of the economy, measured by a specific GDP category, grew by 2.9% from April to June, up from 1.9% in the first quarter [6][7] - Private investment fell, including a 5.1% drop in residential investment, and federal government spending also decreased at a 5.3% annual pace [7][12] Labor Market - Job creation has slowed significantly, with an average of 53,000 new jobs added per month since March, down from an average of 147,000 previously reported [12][13] - The Labor Department is expected to report a modest addition of 43,000 jobs in September, with unemployment likely remaining at 4.3% [14][15] Federal Reserve Actions - The Federal Reserve cut its benchmark interest rate for the first time since December, with expectations of two more cuts this year, although strong GDP growth may influence their decision [15][16] - The Fed will closely monitor the upcoming personal consumption expenditures (PCE) price index for inflation trends [15]

Market Overview - Stocks experienced further downside on Thursday, continuing a pullback after reaching record closing highs earlier in the week. The Nasdaq fell by 113.16 points (0.5%) to 22,384.70, the S&P 500 declined by 33.25 points (0.5%) to 6,604.72, and the Dow dropped by 173.96 points (0.4%) to 45,947.32 [1] Economic Indicators - The Labor Department reported a decrease in initial jobless claims, falling to 218,000, down by 14,000 from the previous week's revised level of 232,000, contrary to economists' expectations of an increase to 235,000 [3] - Jobless claims have now pulled back from a nearly four-year high, reaching the lowest level since July 19th when they hit 217,000. Additionally, there was an unexpected surge in durable goods orders for August and stronger-than-expected GDP growth in the second quarter [4] Sector Performance - Airline stocks saw a significant decline, with the NYSE Arca Airline Index dropping by 2.9% to its lowest closing level in over a month. Pharmaceutical stocks also faced weakness, as indicated by a 2.0% slump in the NYSE Arca Pharmaceutical Index, which ended at a one-month closing low [6] - Biotechnology, healthcare, and computer hardware stocks experienced considerable weakness, while gold stocks performed well amid an increase in gold prices [7] Interest Rate Outlook - The Federal Reserve's September dot plot suggested potential rate cuts in the upcoming meetings in late October and December, although the likelihood of consecutive cuts remains uncertain [5] - The bond market showed continued weakness following positive U.S. economic data, with the yield on the benchmark ten-year note rising by 2.5 basis points to 4.172% [9]

Joining me now is the Wall Street Journal's chief economics correspondent, Nick Timmeros. It's great to have you back. Nice to see you.>> Thanks for having me, Scott. >> Seems like Mr. . Griffin is aligned with many on on the Fed right now.Maybe you'll get one. But there seems to be caution expressed by many of the Fed speakers we've heard this week, including today Austin Goulby said, quote, "I'm just a little uneasy with too much frontloading until we're sure that inflation is is coming down." >> Yeah, th ...