Gut is telling me FOMC rate cut happens and Powell comes in somewhat flat / dovishShould set us up for an end of year rally due to the unemployment numbers rising.Following that, it’s a toss up.Market should react more efficiently once we have a clearer idea of the fed chair for next year.Hasset seems like the front runner, but until it’s definitive, uncertainty has the market cautious. ...

Good morning, Sarah. Yeah, some good breaking news from the New York Fed with inflation expectations unchanged and labor market indicators improving. Let's go through them.The one-year, the three-year, and the 5-year uh inflation expectations from the New York Fed survey all unchanged. 3 2 3 and three. Now, these are all a bit elevated, but it's good news that they're not going up.Inflation expectations rise for food, gas, medical care, a big increase there, and rent as well. Now, there's fodder for both ha ...

Unemployment isn’t a sign of weakness or an indicator that you’re lacking in any way as a worker. The national jobless rate is at 4.4%, one of its highest readings in several years. For people of color, the rate is even steeper, at 7.5% among Black workers. Numbers like these make one thing clear: unemployment isn’t a personal failing. It’s a systemic reality that far too many workers are forced to navigate.Read more: https://t.co/hxQbAe3j3D ...

Market attention this week will focus on the US economic news. On Friday, Sep personal spending is expected to increase by +0.3% and Sep personal income is expected to climb +0.3% m/m. Also on Friday, the Sep core PCE price index, the Fed’s preferred inflation measure, is expected to climb by +0.2% m/m and +2.8% y/y. Finally, the University of Michigan's Dec consumer sentiment index is expected to climb by +1.0 to 52.0.President Trump said on Tuesday that he will announce his selection for the new Fed Chair ...

Newly filed unemployment claims last week dropped to the lowest level in three years, the Labor Department said Thursday, a reassuring signal that the economy avoided a big surge of layoffs through the first 11 months of the year https://t.co/yETrkWf6Zr ...

Applications for US unemployment benefits fell last week to the lowest in more than three years, indicating that employers are still largely holding onto workers despite a wave of recent layoff announcements. https://t.co/ZyBtYgqVil ...

It's been a frustrating period for those who have been priced out of the housing market due to high mortgage rates and home prices. Mortgage rates remain significantly higher than those from 2021, and prices for both new and existing homes have surged. Worse, would-be homebuyers, including my son and his wife, have been forced to compete against all-cash offers, making homebuying even more challenging. There's little debate that something needs to change, which is why many are closely watching the Federa ...

The stock market is at record highs. Unemployment is still extremely low at 4.4%. ...

Holiday Survival Guide For The Unemployed“What’s new?”A question like this around the holidays can spike anyone’s anxiety—but especially if you’re unemployed. This season is already emotionally loaded, and without a job, it can feel like every catch-up conversation is a reminder of what’s not going right. It’s normal to feel this way—unemployment is linked to higher anxiety, depression and stress. https://t.co/hxQbAe3j3D ...

It's the first days of the month, which are usually bearish.Then, there's also the case that QT has been reduced.This takes time.Now, what's important in the coming week:- Unemployment dataThis is the primarily trigger for the FED to decide whether or not rate cuts are sufficient.Labor > Inflation.If the unemployment data rallies more than expected, the sounds of a recession will start to soar and that will mean that we're likely going to be getting QE.The past period has been volatile and markets have been ...