Group 1 - The SPDR Portfolio S&P 500 ETF (SPLG) has reached a 52-week high and is up 33.4% from its 52-week low of $56.67 per share, indicating strong momentum for investors [1] - The ETF tracks the S&P 500 Index with significant holdings in information technology, financials, and consumer discretionary sectors, each accounting for a double-digit allocation [1] - The ETF charges an annual fee of 2 basis points, making it a cost-effective option for investors [1] Group 2 - The S&P 500 Index recently hit a milestone of 6,400, driven by optimism regarding potential rate cuts and a surge in AI-related stocks [2] - Traders are anticipating a greater than 90% probability of a Federal Reserve rate cut in September, with increasing odds for further cuts in October and December [2] Group 3 - SPLG holds a Zacks ETF Rank 1 (Strong Buy), suggesting that its outperformance may continue in the coming months [3] - Many sectors within the ETF have a strong Zacks Industry Rank, indicating potential for further gains for investors [3]

🇺🇸 U.S. Treasury Secretary Bessent: Rate cuts could start with 50 bps in September.Bullish for Bitcoin 🐂 https://t.co/Q702IrPevr ...

I will share my full thesis on $OPEN in the coming days, but a very simple component is that rate cuts in the second half of the year should be a tailwind for a business that benefits from housing transaction volume.Keep it simple, folks. ...

DANI: 5:00 IN NEW YORK CITY, GOOD MORNING. I'M DANI BURGER WITH YOUR BLOOMBERG BRIEFS, HERE IS WHAT YOU NEED TO KNOW. RISK ON ON RATE CUTS BETS.INFLATION DATA LIFTED EXPECTATIONS OF FED EASING. COULD THAT BE A JUMBO CUT. TREASURY SECRETARY BESSENT SAYS THE FED SHOULD BE OPEN TO A HALF-POINT CUT NEXT MONTH.PRESIDENT ZELENSKYY AND EUROPEAN LEADERS GEAR UP FOR A CALL WITH PRESIDENT TRUMP AHEAD OF THE U.S. RUSSIA SUMMIT. IT WAS THE 16TH RECORD HIGH FOR THE S&P 500 YESTERDAY. WE ARE UP MORE THAN 1% AND WE ADD SO ...

We have not even seen rate cuts or quantitative easing yet.Things will get much crazier this bull market. https://t.co/EIr04KWtRo ...

Monetary Policy Outlook - Expectation of 2-3 rate cuts [1] - Quantitative easing (QE) is anticipated to commence within a few months [1] Cryptocurrency Market Impact - Trillions of dollars are projected to flow into the cryptocurrency market [1]

Our next guest says rate cuts are looking more likely following today's CPI report. He's calling for a 100 basis points by year end starting with 50 next month. For more, let's bring in Barry Knap, director of research at Iron's macroeconomics.Barry, it's great to have you on. We have this market meltup here on the heels of CPI. Does it make sense to you. It does.Um the market until today at least um was increasingly narrow driven by the whole Gen AI theme. Um for a couple of years we've had pressure on sma ...

Inflation & Monetary Policy - A new regime for inflation and bond yields is anticipated [2] - The economy slowing down could help pull inflation down, but this scenario is undesirable [2] - The Federal Reserve might consider rate cuts with inflation above target and a softening job market, similar to the 1995 scenario where 325 basis point (3.25%) insurance cuts occurred with inflation at approximately 2.3% [3] - A rate cut in September is largely priced in, making it difficult for the Fed to argue against [4] - Jackson Hole symposium later in August (August 21st-23rd) is expected to provide more clarity on the Fed's leaning [5] Economic Data & Analysis - US government data is considered the best globally, with dedicated efforts to ensure data accuracy [1] - Bloomberg Intelligence suggests that a CPI print of 0.2% on the headline indicates the PC print will allow the Fed to ease in September [5] - Modernizing government data collection is necessary but challenging, requiring resources and careful consideration to avoid disrupting historical data analysis [7][8] - Budget cuts to the Bureau of Labor Statistics (BLS) have reduced resources for data modernization [8] - Firing the head of the BLS is viewed as performative and damaging to the credibility of U S institutions [9]

Stocks are climbing this morning following a tamer than expected inflation report with blue chips and small caps both outperforming on the day. Groups like energy, financials, communication services all doing well. Joining us here at Post9, JP Morgan Asset Management's chief market strategist for the Americas, Gabriella Santos.So we are seeing this that it's it's less about big tech for a change and more about everybody else. What do you think is driving that. So I think in terms of the inflation report thi ...

Market Trends & Economic Outlook - The Fed's thinking on rate cuts, the labor market, and inflation is discussed [1] Investment Performance & Risk Appetite - Retail investors have seen better returns than industrial investors [1] - Retail investors show a big appetite for risk [1]