💥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 ...

🇺🇸 TRUMP: "Powell must lower the rate, big, right now." https://t.co/bE18TmIeqw ...

This is my quant.*Walter Bloomberg (@DeItaone):🚨 *TRUMP: POWELL MUST LOWER THE RATE, BIG, RIGHT NOW ...