JUST IN: 🇺🇸 Traders now betting on a possible 50 bps rate cut at the next FOMC meeting in 12 days. 👀 ...

🔥 Gold hits record high as rate cut odds spike to 99% https://t.co/RNhgOwX6R1 ...

Market Expectations - Rate cut probabilities are at 98% with 13 days until the next FOMC meeting [1] Potential Impact on Cryptocurrency - The rate cut could be the catalyst Bitcoin needs to set a new high [1]

Core Viewpoint - Small-cap U.S. stocks may be experiencing a resurgence after a prolonged period of underperformance, with recent data indicating potential positive trends for small-cap investors [1] Performance Summary - The iShares Russell 2000 ETF (IWM) has increased by 6.3% over the past month, compared to a 2% gain in the SPDR S&P 500 ETF Trust (SPY) [2] - Year-to-date, SPY is up approximately 10%, while IWM has advanced about 5.7% [2] - Early-year weakness in small caps was largely attributed to President Trump's tariff announcements, which adversely affected smaller companies [2] Market Dynamics - Bank of America's client flow data indicates near-record demand for small-cap stocks, with clients purchasing $1.5 billion worth of small and micro-cap stocks and ETFs in the past week [3] - The Federal Reserve is expected to cut interest rates in September, with a 97.6% probability of a 25-basis point cut, which could benefit small-cap stocks and ETFs [4] Earnings Analysis - For the small-cap S&P 600 index, Q2 earnings are up 8.6% year-over-year, with revenues increasing by 3.4% [5] - 61.1% of small-cap companies beat EPS estimates, and 72.4% exceeded revenue estimates [5] - In comparison, S&P 500 companies reported a 12.4% increase in earnings and 6.0% higher revenues, with 79.9% beating EPS estimates [6] Valuation Insights - The Russell 2000 is currently trading at a P/E ratio of 32.75, up from 27.79 a year ago, indicating that small caps are not cheap and may be overvalued [8][9] - The Nasdaq 100 Index has a P/E ratio of 32.97, while the S&P 500 Index is at 25.15, reflecting a relative valuation perspective [9] Economic Context - U.S. GDP grew by 3.3% in Q2 2025, rebounding from a 0.5% decline in Q1, driven by stronger consumer spending and private investment [10] - Job openings fell to 7.181 million in July, below expectations, which may signal potential weakness in the labor market [11] Investment Opportunities - Value and blend small-cap ETFs have outperformed growth ETFs over the past month, with notable performers including: - Invesco S&P SmallCap 600 Pure Value ETF (RZV) – Up 11.0% - Invesco S&P SmallCap Value with Momentum ETF (XSVM) – Up 9.9% - iShares US Small Cap Value Factor ETF (SVAL) – Up 9.1% [12]

>> THIS IS THE CLOSE. ROMAINE: ALPHABET AND APPLE TRYING TO KEEP THE BULL RUN GOING. LIVE FROM BLOOMBERG HEADQUARTERS IN NEW YORK.KATIE: KICKING OFF TO THE CLOSING BELL. THOSE TWO NAMES TRYING THEIR BEST BUT WE CAN SEE THE MOMENTUM FADING AS WE SPEAK, THE S&P 500 HIGHER BY ABOUT 1/10 OF A PERCENT IF YOU ROUND UP. WE WERE HIGHER I MUCH MORE EARLIER IN THE SESSION BUT DROPPING A BIT.BIG TECH IN THE LEAD TODAY, YOU CAN SEE THAT IN THE NASDAQ 100. EVEN THEY ARE SEEN GAINS COME IN ALL BECAUSE WE GOT WEAKER JOBS ...

And Bryant, that brings us right to you and your valueoriented fund. Um, of course, tech a clear beneficiary from AI and we've heard a lot of talk coming from productivity gains and other sectors from the AI buildout. Where are you seeing value and AI intersect.Is there anywhere where that ven diagram crosses. >> Yeah, sure. We we certainly saw the same thing Todd saw which was financials especially banks were highly attractive coming into the early part of the year and through today within financials we're ...

Geopolitical & Security Landscape - The US may increase its military presence in Poland, a key focus of the Polish defense minister's visit to the US [1] - The US deployed 10,000 troops to Poland following the full-scale invasion of Ukraine [3] - A US review of troop presence in Europe is scheduled for the end of September, raising concerns about potential troop withdrawals [3] - Poland has received assurances from the US that troop adjustments will not affect its security [4] - Ukraine is reportedly nervous about the new Polish presidency's stance on Ukraine's EU and NATO membership [5] - Europe needs a unified message to encourage US support for Ukraine [6] Polish Economy & Monetary Policy - The Polish central bank is expected to cut interest rates by 25 basis points [7] - This rate cut would be a continuation of the easing cycle, following a surprise rate cut in July [7] - The central bank's decision is influenced by inflation falling below 3%, with a target of 25% [7] - Expansionary budget policies by the government could potentially boost inflation, causing the central bank to pause further rate cuts [8]

[Music] Summer blues. As the holidays draw to a close, BTC ends August with a whimper. Is the 100K level now in danger? Recber. Historically, this is a bad month for financial markets. But amidst the gloom, there are some factors that could take us higher. Today's the day. After months of waiting, the Trump family crypto project is about to go live. Here's what you need to know about some of those crazy numbers and a look at last week's top performers, tweets of the week, dates for your diary, some god tier ...

The Federal Reserve’s preferred inflation measurement stayed higher than the central bank's target in July, but it didn't dash traders' hopes for a rate cut. https://t.co/3VUr5Dyqqa ...

Market Trends & Economic Indicators - The S&P 500 hit an all-time high, but futures are slightly down, reflecting potential market relief or seasonality [1][3][6] - PCE data was largely in line with expectations, with core inflation rising to 29% year-over-year, suggesting inflation remains elevated [1] - Personal income increased by 04% on the month, with wages and salaries jumping by 06%, indicating consumers have more money to spend [1] - September is historically the weakest month for the S&P 500, with a decline occurring 56% of the time [1][5] Company Performance & Sector Dynamics - Dell raised its revenue forecast for the full year, but shares are down 67% due to a slowdown in AI-related sales [1] - The Gap expects margins to shrink this year, with shares initially down as much as 12% overnight before bouncing 3% [1] - Caterpillar expects tariffs to have a greater impact, costing the company as much as 18% billion this year [3][11][12] - Petco raised its earnings targets, showing signs of progress in its turnaround, with a 20% gain in the premarket [5] - Celsius is getting a boost from Pepsi, with shares up to 11%, as Pepsi sells North America of Rockstar [7] Federal Reserve & Policy - Fed Chair contender Christopher Waller emphasizes the need for a rate cut, supported by fresh economic data [1] - Lisa Cook is seeking an emergency hearing to block her removal, intensifying the Trump administration's campaign against her [1][8][9][15] - A U S trade policy ending free imports of goods valued at $800 or less is affecting e-commerce and adding costs for consumers [2]