CPI inflation doesn’t derail a rate cut… what to look for at next Wednesday’s FOMC meeting… will the bond market ruin the party?… Jonathan Rose’s LYFT trade tops 200%… the latest update from Luke Lango at the All-In Summit… don’t miss Eric Fry’s Apogee replayVIEW IN BROWSERWe dodged the “too hot to cut rates” inflation bullet.This morning’s Consumer Price Index (CPI) report showed that prices climbed 0.4% in August. While that was slightly greater than the 0.3% forecast, it wasn’t hot enough for heartburn o ...

Group 1 - Circle Internet's shares increased by 17.8% on Thursday, outperforming the S&P 500 and Nasdaq Composite, which rose by 0.8% and 0.7% respectively [1] - The Consumer Price Index (CPI) data indicated inflation rose more than expected in August, but this was overshadowed by a significant increase in weekly unemployment claims, reaching the highest level since October 2021 [2][3] - The Federal Reserve is likely to consider employment as the primary issue and may cut rates, which typically encourages investment in riskier assets like cryptocurrencies and growth stocks [3][4] Group 2 - Despite a nearly 50% decline from its peak post-IPO in June, Circle's stock is still considered overpriced, with a forward price-to-earnings ratio exceeding 120, suggesting that too much growth is already priced in [5] - The Federal Reserve's upcoming decision will be influenced by the conflicting data of rising inflation and increasing unemployment, leading to market expectations of a rate cut [6] - Circle Internet Group was not included in a list of the 10 best stocks recommended by The Motley Fool Stock Advisor, indicating a cautious outlook compared to other investment opportunities [7]

🇺🇸 UPDATE: According to the CME FedWatch tool, markets see a ~93% chance of one rate cut in September 2025 (to 4.00–4.25%) and a ~92% chance of two cuts by December (to 3.50–3.75%). https://t.co/qX3VYMO0fX ...

Market Outlook - The market is anticipating a potential 50 basis points cut from the Federal Reserve, which is influencing current market movements [1][4] - Earnings have exceeded expectations in both the first and second quarters, contributing to the market reaching new highs [2][10] Valuation and Earnings - The current valuation multiple is around 22, which is considered acceptable, but there is potential for a "meltup" if the PE ratio increases to 25, reminiscent of the late 1990s [3][5] - Technology and communication services now represent 40% of the S&P 500 market capitalization and contribute approximately 28% of earnings, with the "Magnificent 7" trading at 30-31 times forward earnings [7] Broader Market Performance - The "impressive 493" companies outside the Magnificent 7 are also showing strong earnings, indicating a broadening market [8][9] - Small-cap earnings have been stagnant since 2022, but there are signs of improvement, suggesting potential for better performance if the Fed continues to cut rates [11][12] Potential Risks - The market's outlook could be affected by external factors such as the Supreme Court's decisions regarding tariffs, which could create uncertainty [13][14] - A resurgence of deficit concerns, particularly if the government needs to refund significant amounts, could negatively impact market sentiment [15]

🚨 FED CHAIR POWELL CONFIRMED RATE CUTS!Bitcoin will pump to $150,000.$ETH will hit $10,000 next. https://t.co/sQ9iz3M6MT ...

We're looking at live pictures of the New York Stock Exchange. Uh the exchange just finishing a moment of silence in remembrance those killed in the September 11th terrorist attacks. Ringing the bell to commemorate the event is 911 day.uh uh an organization that works to transform the anniversary of 9/11 into the largest day of service in America. I'm Y finance executive editor Brian Sazi and this is opening bid. Here's what I'm watching out of the gate today.Lots to get to. The hot potato gets passed to th ...

Inflation Data Summary - The August Consumer Price Index (CPI) report shows a month-over-month increase of 0.4%, which is slightly higher than estimates [1][4] - Year-over-year inflation stands at 2.9%, with the core inflation (excluding food and energy) at 3.1%, both figures aligning with economists' expectations [2][66] - The service sector is identified as a significant contributor to the inflation increase, with shelter costs also rising [9][10] Market Reactions - Despite the inflation data, market futures indicate a positive outlook, with expectations of a Federal Reserve rate cut next week [3][5] - The S&P 500 and NASDAQ have reached record highs, reflecting investor confidence despite inflation concerns [4][68] - The Fed funds futures market is pricing in three rate cuts by December, indicating strong market expectations for monetary easing [53][68] Sector-Specific Insights - The food index increased by 0.5% in August, with food at home rising by 6%, highlighting persistent inflation in essential goods [60][61] - Airline fares saw a significant increase of 5.9%, contributing to the mixed picture of service sector inflation [63] - Apparel prices rose by 0.5%, suggesting tariff impacts on consumer goods [64][85] Employment and Economic Indicators - Initial jobless claims reached 263,000, the highest level in nearly four years, indicating potential weakness in the labor market [15][76] - The Fed is balancing its dual mandate of controlling inflation while addressing employment concerns, complicating its policy decisions [13][78] Long-term Economic Outlook - Analysts express caution regarding the sustainability of rate cuts in the face of persistent inflation, with expectations that long-term yields may not fall significantly [32][39] - The economic environment remains challenging for lower-income Americans, as inflation continues to impact essential goods disproportionately [22][26]

By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin (BTC) is up around 1.4% in the past 24 hours as investors await key inflation data in the U.S., which could shape expectations for a much-discussed interest-rate cut by the Federal Reserve. Before that hits though, the European Central Bank announces its own interest-rate decision. It's expected to keep rates steady, a surprise move may ruffle a few feathers. Economists are forecasting a modest rise in the U.S. Consumer Price Index ...

Group 1 - U.S. Treasury bonds are experiencing a rally, with yields on benchmark 10-year notes reaching their lowest levels since April ahead of the CPI inflation report [1] - A lower-than-expected producer price inflation reading for August and significant job gains revision have strengthened the case for a quarter-point rate cut by the Federal Reserve on September 17 [2] - Market expectations are shifting towards potential multiple rate cuts by the end of the year, with today's CPI report being crucial for determining future rate cut probabilities [3] Group 2 - A quickening in core price pressures indicated by the CPI report could disrupt current market expectations for rate cuts, while a muted reading may suggest tariffs are not significantly impacting costs [3]

Taking a turn now for business. Let's bring in CNBC's Karen Gilchrist live with us from London. Karen, Wall Street received a tame inflation reading yesterday with another key report on tap.What should we expect from the markets today. Hey Ally, good morning. Yes, inflation very much in focus as you mentioned a couple of key inflation prints uh this week.So yesterday we had the producer price index which measures wholesale inflation coming in cooler than expected showing a decline in fact uh in inflation ri ...