Meanwhile, the Fed's preferred inflation gauge for August in line with expectations. CorePC holding at 2.9% on an annual basis. Our next guest though still thinks the Fed has an inflation problem.CNBC contributor Peter Bookfar is a chief investment officer at one point BFG Wealth Partners. Peter, good to see you. Um, it seems sort of stuck and this sort of limits what the Fed can do because they still have to be vigilant on the inflation front.Correct. The the biggest problem that lower to middle income con ...

Market Performance & Trends - Bitcoin fell to $19,000, Ether dropped approximately 1.5% to under $4,000, and Solana's SOL token decreased by over 2.5% to below $196 [1] - Bitcoin is down more than 5% for the week, while Ether is down more than 11% week to date, marking its worst week since April 18th when it fell more than 13% [3] - Solana (SOL) is down more than 16.5% on pace for back-to-back weekly losses [4] - Digital asset treasuries (DATs) are experiencing challenges, with a normalization towards net asset value (NAV) [5][6][7] Macroeconomic Factors & Regulatory Landscape - The core personal consumption expenditures (PCE) price index, excluding food and energy costs, rose by 2.9% seasonally adjusted annual rate [2] - The market is pricing in two quarter-point rate cuts by the Federal Reserve (Fed) [14] - Regulatory clarity, particularly regarding multi-token portfolios and ETFs, is expected to positively impact the crypto market [12][17][18] - Increased coordination between the SEC and CFTC is anticipated to be beneficial [12] Franklin Templeton's Perspective - Franklin Templeton views the current regulatory environment as a catalyst for further growth and adoption of digital assets [23][24][25] - The company is experiencing increased client interest in digital assets and is focusing on developing models that integrate digital and traditional assets [21][22] - Franklin Templeton anticipates greater institutionalization of digital assets, potentially leading to suppressed volatility [20]

Welcome to Market Catalyst. I'm Julie Hyman. We are 30 minutes into the US trading day. Let's get to the three market catalyst we're watching this hour. First up, the Fed's preferred inflation gauge matching estimates. Core PCE holding at 2.9% in August. This could be one of the last pieces of economic data though before the October Fed meeting because of the potential shutdown. Plus, we're getting a fresh read on the consumer with consumer sentiment data and positioning your portfolio in times of uncertain ...

It's time now for the big picture. Let's welcome in Colin Martin, director and fixed income strategist, Schwab Center for Financial Research. Very good morning to you, Colin.Happy Friday. So, no surprises there from the PCE data. Does that set us up for two more cuts.>> Uh, we're not sure just yet. You know, if we look at this morning's release, no surprises, I think, is a good thing. We're looking to make sure we're not seeing any reaceleration or significant reaceleration in inflation right now.So even th ...

Market Trends & Dynamics - Major indices initially showed upward momentum but faced downward pressure from NASDAQ, with the Dow up approximately 04% [3] - S&P 500 is up over 2% this month, defying typical weaker September trends [4][10] - New tariffs on imported goods, including 100% on some drugs, 50% on kitchen cabinets, 30% on upholstered furniture, and 25% on big trucks, are set to take effect [11] - The market is closely watching whether long-run earnings per share can meet embedded expectations, differentiating current momentum from past bubbles [18] Company Performance & Analysis - Costco stock trended lower, down nearly 4% at the open, despite prior optimism, and JP Morgan cut its price target to $150 from $1,160 [5][6] - Costco's year-to-date performance has struggled, down more than 1%, contrasting with Walmart's over 10% increase [7] - Bettercom shares surged nearly 75% in a week, driven by retail investor interest, with the company projecting profitability by Q3 2026 [33][34] - Bettercom aims to achieve 10% market share in a revitalized housing market, leveraging AI to offer lower prices and faster closing times [40][41] Sector Analysis & Opportunities - Healthcare sector (XLV) has underperformed, up only 2% over the last two years compared to technology and communication services, which are up over 66% [25][26] - Small-cap energy sector shows potential for growth, with Invesco S&P Small Cap 600 Energy Sector ETF (PSCE) displaying improving price and power ratings [29] Economic Factors & Fed Policy - PCE inflation rose slightly to 27% year-over-year in August, compared to 26% in July, potentially keeping the door open for another rate cut in October [10] - Cooler-than-expected PCE numbers have increased the likelihood of October and December rate cuts [31] - Potential Fed rate cuts could significantly increase the number of consumers eligible for refinancing, potentially boosting Bettercom's revenue [42][43]

Market Overview - The market is experiencing positive momentum following a PCE report that did not indicate a need for a more hawkish stance from the Federal Reserve, suggesting potential for two rate cuts [1] - The labor market is pushing for rate cuts as it benefits employers by lowering costs, although immigration issues are complicating the labor supply situation [1][2] Federal Reserve and Interest Rates - Federal Reserve Chair Jerome Powell has indicated a cautious approach to rate cuts, acknowledging that while Wall Street desires easy monetary policy, current market valuations appear overheated [1] - The expectation of rate cuts is not solely dependent on monetary policy but also on the actual monetization of technologies like AI and blockchain [1][2] Technology and Monetization - The monetization of AI is seen as a critical factor for future economic changes, with expectations that significant transformations will occur within the next 36 months [2][3] - The current phase of monetization is just beginning, and the impact of AI will be extensive across various sectors, including driving, writing, and shopping [2][3] Tariffs and Economic Factors - Recent announcements regarding tariffs are highlighted as a wildcard that could influence market dynamics and economic conditions [3]

Welcome to Yahoo Finance flagship show, The Morning Brief. I'm Julie Heyman. Let's get the three things you need to know today.President Trump following through on his threats to slap tariffs on heavy trucks, furniture, and pharmaceuticals. For homegoods, two different tariff rates will go into effect next week. A 50% rate on items like kitchen cabinets, and a lower 30% rate on upholstered furniture.The news weighing on furniture companies this morning. But there's a big loophole for the drug makers. As lon ...

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Market Trends - Rate cuts and options expiry are putting Bitcoin at a crossroads [1]

Hey, I'm Kramer. Welcome to Mad Money. Welcome to Cra America.Other people make friends. I'm just trying to make a little money. My job is not just to entertain, but to educate, to teach you.So call me at 1800 743 CBC. Tweet me, Jim Kramer. We have two economies.There's the tremendous economy with amazing growth, the one that's connected to artificial intelligence, and then there's the anemic economy connected to the consumer, which seems to deteriorate by the day. Oh, it's a stark contrast, but you can't r ...