JUST IN: 🇺🇸 Fed rate cut odds hit 99% ahead of next week’s meeting. https://t.co/1LlASVwIfw ...

inflation reading today. It is the biggest month-on-month and year-on-year increase for CPI since January. CNBC senior economics reporter Steve Leeman joins us this morning with some new ways of looking through these numbers.Hey, Steve. Hey, Carl. Yeah, welcome to our new augmented realities uh set here.Talk about this firm inflation number that the Fed is expected to look through because of the gathering concern about the labor market, but this spike in jobless claims may be partly seasonal as we'll come b ...

💥BREAKING:🇪🇺 Europe Deposit Facility Rate (Sep) $EURActual: 2.00%Expected: 2.00%Previous: 2.00%🇪🇺 Europe ECB Interest Rate Decision (Sep) $EURActual: 2.15%Expected: 2.15%Previous: 2.15% ...

Did bro say FORTYThe Spectator Index (@spectatorindex):JUST IN: 🇹🇷 Turkey cuts interest rate from 43% down to 40.5% ...

Ukraine’s central bank held the benchmark interest rate for a fourth meeting as inflation remains high and the nation seeks more aid from the International Monetary Fund to shore up its war-time budget https://t.co/4XRPv7pl5n ...

Inflation & Monetary Policy - The market is shifting focus from inflation reports to jobs reports, with the expectation that inflation numbers are decreasing [1][2] - The company's internal CPI measure was almost 100 basis points (1%) below the actual number last month, indicating housing and shelter as key drivers [2] - While a 25 basis point rate hike is expected, a 50 basis point hike could be justified, although only 10% of the market forecasts this [3] - The company believes underlying inflation trends are improving and the Fed should look past tariff-induced noise [6] AI & Tech Sector - The AI trade is considered to be in its early stages, potentially the "third inning," with software identified as the next area for growth [9][10] - The company is a strong believer in the long-term impact of AI on the economy, markets, and stocks, anticipating broader participation beyond chip stocks [10] - A key focus is on mega-cap tech, especially after Oracle's strong results, suggesting AI-focused names are still attractive [7][8] European Markets - Despite political turmoil in France and rising tensions in the Middle East, Europe remains an attractive investment opportunity [11][12] - The company favors European defense and infrastructure investments as a "next decade trade" due to supportive valuations [13][14] - The company recommends focusing on specific sectors like defense (e g BA Systems) and infrastructure investment within the broader European economy [14] Investment Strategy - The company suggests a Wisdom Tree ETF (WTV) focused on high dividend and buyback yields, offering a close to 7% shareholder yield [14][15] - This ETF targets companies that believe their stocks are cheap and are buying back approximately 5% of their shares outstanding [15] - The dividend/buyback strategy is seen as a way to participate in the AI story's diffusion through the economy, targeting companies that will utilize AI and consider their stocks undervalued [16]

Turkey delivered a sizable interest-rate cut on Thursday, with the central bank sticking to a faster pace and defying Wall Street’s expectations of a more significant slowdown https://t.co/SXxbTx2nuk ...

It’s ECB rate decision day — here’s what to expect https://t.co/o6pTu9XipT ...

Market Overview - The S&P 500 reached new highs following a 0.1% month-over-month decrease in the August Producer Price Index (PPI), contrary to the expected 0.3% rise, raising hopes for a potential interest rate cut by the Federal Reserve [1] - The Nasdaq Composite also increased by 0.5%, while the Dow Jones Industrial Average fell by 0.3% due to lower tech exposure, indicating a market response to receding inflationary pressures [2] Oracle's Performance - Oracle experienced a remarkable 40% stock increase, marking its most significant one-day rise since 1992, attributed to $455 billion in performance obligations, a 359% increase year-over-year, driven by AI cloud partnerships [3] - Despite Oracle's Q1 results falling short of expectations, it forecasts a 14% to 16% sales increase in Q2 and anticipates cloud infrastructure revenue exceeding $18 billion for the year, with plans to invest $35 billion in data center expansion to meet AI demand [4] Monetary Policy Implications - The unexpected drop in PPI, along with lower-than-expected July figures, has increased confidence that the Federal Reserve may lower rates by at least 25 basis points, with some traders speculating a 50-basis-point cut [5] - The upcoming Consumer Price Index (CPI) report is anticipated to provide further insights into inflation trends, potentially influencing the Fed's response and market movements [6] Broader Market Trends - The rise in the S&P 500 coincided with an increase in risky assets like Bitcoin, which surpassed $114,000, reflecting renewed investor interest in high-risk, high-reward assets amid falling inflation and strong corporate earnings [7]

🇺🇸 #PPI (MoM): Actual 2.6% vs. Expected 3.3%Core PPI (MoM): Actual 2.8% vs. Expected 3.5%and Trump calls for big rate cuts, blasting Powell as “a disaster.” 💥 https://t.co/NSAkRnHjZw ...