A 25bps rate cut is almost fully priced in - 97% odds.The Fed will unveil its rate decision at 2PM ET.What's your take? 🔮 https://t.co/5IcLx2ZMH0 ...

Core Viewpoint - Wells Fargo projects a bullish outlook for the S&P 500, expecting it to reach between 7,400 and 7,600 by 2026, indicating a potential gain of up to 11% driven by consumer spending, AI investment, and deregulation [1][2]. Group 1: Market Performance and Projections - The S&P 500 is currently up 16% this year and is on track for its third consecutive year of double-digit gains, having previously logged over 20% gains in both 2023 and 2024 [3]. - Wells Fargo's forecast for the S&P 500 aligns with other positive outlooks, with predictions ranging from 7,100 to 8,000 [2]. Group 2: Key Drivers of Growth - Three main factors are expected to support stock prices in the upcoming year: lower interest rates, benefits from the AI investment cycle, and increased consumer spending due to larger tax refunds from the One Big Beautiful Bill Act (OBBBA) [3][4]. - The OBBBA is anticipated to provide consumers with one of the largest tax refunds in decades, enhancing their spending power [4]. Group 3: Historical Context and Implications - Historical data shows that when the Federal Reserve cuts interest rates while the S&P 500 is near record highs, the index has always been higher 12 months later [5].

Deposit account rates are on the decline. The good news: You can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. In fact, the best CDs still pay rates above 4%. Read on for a snapshot of CD rates today and where to find the best offers. Where are the best CD rates today? CDs today typically offer rates significantly higher than traditional savings accounts. Currently, the best short-term CDs (six to 12 months) generally offer rates around 4% to 4.5% AP ...

Brazil’s central bank will likely hold its interest rate at a nearly two-decade high on Wednesday https://t.co/3zas7WHFFt ...

Investors Title Company (ITIC) shares have gained 22.4% in the past six months, outpacing the industry’s 1.5% growth. The company has outperformed other industry players, including The Travelers Companies, Inc. (TRV) and The Allstate Corporation (ALL) , which reported increases of 6.4% and 2.3%, respectively, in the same time frame. Investors Title is aided by robust real estate activity, lower interest rates, regulatory rate approvals and rising non-title services, which are driving premium growth and marg ...

JUST IN: 🇺🇸 White House Advisor Hassett says there is 'plenty' of room for interest rate cuts. ...

TO SHOW A WEAK LABOR MARKET MORE THAN THE RISK THAT IT'S GOING TO SHOW HIGHER INFLATION. BECKY. >> STEVE, THANK YOU VERY MUCH.LOTS TO TALK ABOUT HERE. FOR MORE ON THIS, WE WANT TO BRING IN FORMER CLEVELAND FED PRESIDENT LORETTA MESTER. SHE'S A SENIOR SCHOLAR AT PRINCETON.SHE'S AN ADJUNCT PROFESSOR AT UPENN'S WHARTON SCHOOL AND A CNBC CONTRIBUTOR. AND LORETTA, LET'S TALK ABOUT WHAT STEVE WAS JUST LAYING OUT IN HIS SURVEY. 87% SAID THEY WILL CUT, 45% SAID THEY SHOULD.WHERE DO YOU COME DOWN ON BOTH OF THOSE QU ...

The Conference Board’s Leading Economic Index for the U.S. will also be released today. Economists expect the September figure to drop -0.3% m/m, compared to the previous number of -0.5% m/m.On the economic data front, investors will focus on the U.S. JOLTs Job Openings figures for October, set to be released in a couple of hours. Notably, the October JOLTs report will include figures for September. The report will provide investors with additional insight into the health of the U.S. labor market. Economist ...

Key dates this week 🗓️Dec 9 ➡️ 🇺🇸 JOLTS Job OpeningsDec 10 ➡️ 🇺🇸 Fed Interest Rate DecisionDec 12 ➡️ 🇬🇧 Gross Domestic Product MoMWhich dates are you watching? 👀 ...

Summary of Key Points from the Conference Call Industry Overview - The focus is on the US equity markets and macroeconomic conditions leading up to the Federal Reserve (Fed) meeting - The current environment is characterized by a resilient risk appetite despite headwinds from interest rates Core Insights and Arguments 1. **Market Performance**: US equity markets closed higher last week, supported by dovish expectations from the Fed. The Risk Appetite Indicator reached 0.66, marking the largest two-week increase since May [1][7] 2. **Mixed Macro Data**: - ISM manufacturing index fell for the ninth consecutive month - ADP reported the largest one-month drop in employment since March 2023 - ISM services index showed improvement - Core PCE inflation rose by 0.2% month-over-month and 2.83% year-over-year - Initial jobless claims decreased to 191k, below expectations [1] 3. **Upcoming Economic Reports**: Key data releases include the JOLTS report and the employment cost index, with expectations of 7,100k and a 0.8% increase respectively [1] 4. **Volatility in Q4**: Following a 'Goldilocks' backdrop of growth optimism and dovish Fed expectations, markets have experienced increased volatility in Q4, particularly in tech-heavy indices like Nasdaq [2] 5. **Bond Yields**: There has been upward pressure on bond yields, especially in Japan and Germany, with the 30-year JGB yield reaching 3.4%, a rise of approximately 110 basis points year-to-date [2][9] 6. **Central Bank Divergence**: The dispersion in G10 central bank pricing has widened, with more banks now anticipating rate hikes in 2026 [2][13] 7. **Investment Strategy**: The company maintains a modestly pro-risk stance into 2026, favoring equities over bonds, commodities, and cash, while underweighting credit [3][6] 8. **Market Expectations for Rate Cuts**: The market is pricing in a 55% probability of more than two rate cuts in the next 12 months [6][17] Additional Important Insights - **Sector Performance**: Growth-sensitive segments, particularly cyclicals and the Russell 2000, have shown strong performance recently [2][15] - **Global Economic Sentiment**: The sentiment indicators suggest a cautious but optimistic outlook among investors, with a notable focus on diversification and hedging strategies [3][27] - **Asset Allocation Recommendations**: The report includes specific asset allocation recommendations, indicating overweight positions in equities and underweight in corporate bonds [20] This summary encapsulates the key points discussed in the conference call, highlighting the current state of the US equity markets, macroeconomic indicators, and strategic investment insights.