Gold and gold mining stocks are significantly outperforming the broader market, with analysts attributing this surge to “classic stagflationary behavior” as the precious metal hovers near the $3,700 per ounce mark.This market action, described by some as a paradigm shift, reflects growing investor concern over persistent inflation coupled with stalling economic growth.Gold Miners Outperform All S&P 500 Sectors YTDThe dramatic outperformance is highlighted in a chart shared by Otavio Costa of Crescat Capital ...

Core Viewpoint - A revival of "That '70s Show" is anticipated, but it may not meet the entertainment standards of the original series [1] Group 1 - The revival is expected to attract fans of the original show, indicating a potential market interest [1] - Concerns are raised regarding the quality and entertainment value of the new series compared to the original [1]

Non-QM, Post-Closing, QC, Warehouse Products; Pulte vs. Bessent; Conventional Conforming Updates; Nice Jump in Apps “Rob, I hate it when mom and dad fight. Will this Pulte/Bessent, FHFA/Treasury tussle impact mortgage rates?” Probably not; it hasn’t so far. Director Pulte is certainly in the news. Occupancy isn’t a partisan issue, right?! FHFA Director Pulte, who continues to point out potential fraud by Fed. Governor Lisa Cook (who a Federal judge ruled yesterday could stay in her post), has two close rel ...

Group 1 - The Bureau of Labor Statistics (BLS) has revised U.S. job numbers downward by 911,000, raising concerns about the labor market's strength and expectations for a Federal Reserve interest rate cut [1][4][5] - The revision is the largest in U.S. history, indicating a significantly weaker job market than previously understood, with implications for economic momentum entering 2025 [3][5] - Specific sectors, particularly the tech industry, have seen notable job losses attributed to AI automation, alongside cuts in leisure, hospitality, retail, and professional services [2][3] Group 2 - The downward revision of jobs has led to mixed sentiments regarding the Federal Reserve's potential rate cuts, with some analysts suggesting it could dampen recent market rallies [4][5] - The revision reflects a -0.6% change compared to a historical average of +/-0.2%, signaling a deteriorating labor market that may prompt policy action from the Fed [5] - Political reactions include criticism from President Trump, who claims the Fed is "dangerously behind the curve" in response to the job market data [6]

As we mentioned, at 8:30 Eastern time, we're going to be getting a read on the inflation at the producer level. Tomorrow morning, we get the consumer level with CPI data. Joining us right now with her take on the economy is Lindseay PZA.She is chief economist at Stiffel. And Lindsay, it seems like things are really kind of heating up for the Fed. You're at this weird inflection point.We know that the jobs picture is even worse than we had expected with those revisions that came yesterday. You saw what the T ...

Market Overview - U.S. stock futures showed mixed signals, with Dow Jones futures down 0.2%, S&P 500 contracts up 0.2%, and Nasdaq futures slightly above flat, indicating a cautious start after a record-setting rally driven by optimism about Federal Reserve rate cuts [1][7] - The next 48 hours are critical, with the Producer Price Index (PPI) and Consumer Price Index (CPI) releases expected to influence Federal Reserve policy decisions regarding potential rate cuts [3][8] Company Movements - Oracle's stock surged over 30% after forecasting its cloud backlog could exceed $500 billion due to significant deals with OpenAI, Meta, and xAI [10] - Synopsys experienced a significant decline, dropping more than 21% following disappointing guidance [14] - Other tech stocks, including AMD, Arista Networks, and NVIDIA, showed gains, reflecting ongoing demand in the AI and digital infrastructure sectors [11][12] Sector Performance - Defensive sectors, such as utilities and energy, demonstrated strength, with companies like Constellation Energy and GE Vernova benefiting from energy infrastructure demand [13] - The tech sector remained robust, with several chipmakers and infrastructure companies seeing positive movements, indicating sustained interest in AI-driven demand [11][12] Commodity Insights - Gold prices continued to rise, trading around $3,642.93 per ounce, supported by a weaker dollar and safe-haven demand amid inflation concerns and geopolitical uncertainty [15][21] - Analysts predict a near-term trading range for gold between $3,600 and $3,900, with potential for prices to reach $5,000 if concerns over Federal Reserve independence grow [16] Economic Context - The S&P 500 has increased nearly 30% year-to-date, driven by strong earnings, the AI boom, and expectations of monetary easing, although risks related to inflation and geopolitical tensions remain [18][22]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Economist Justin Wolfers is sounding the alarm on the potential for stagflation, warning that proposed tariffs could inflict a painful combination of slowing growth and rising prices on the U.S. economy. ‘Two Bad Tastes At The Same Time’ In a recent interview, the University of Michigan professor cautioned that Americans could soon get "‘two bad tastes at the same time'—rising unemployment and rising infla ...

$BTC reclaimed $112,000 and european stocks rose at the open, as analysts increasingly downplay fears of stagflation and recession triggered by horrible U.S. jobs data. By @godbole17.https://t.co/wjIljubV5N ...

US stocks eyed fresh all-time highs on Wednesday as Oracle's (ORCL) blowout revenue forecast lifted AI hopes, as Wall Street waited for a wholesale inflation reading seen as unlikely to reset rate-cut bets. Futures on the S&P 500 (ES=F) climbed 0.3%, while those on the Nasdaq 100 (NQ=F) edged up 0.2%, on the heels of record closing highs. Contracts on the Dow Jones Industrial Average (YM=F), which includes fewer tech stocks, slipped 0.2%. Oracle stunned Wall Street as its CEO said its cloud revenue will ...

Market Overview - US stock futures showed mixed trading patterns as Wall Street awaited key economic reports that could influence the Federal Reserve's interest rate decisions and the overall economic outlook [1] - The Dow Jones Industrial Average futures decreased by 0.2%, while S&P 500 futures increased by approximately 0.2%, and Nasdaq 100 futures remained just above the flat line [1] Corporate Earnings and Performance - On Tuesday, stocks reached new record highs following a revision of US job numbers indicating a slowdown in the labor market, reinforcing investor expectations for a rate cut at the Fed's upcoming meeting [2] - Oracle's shares surged nearly 30% in premarket trading after the company raised its forecast for AI-driven cloud revenue, projecting Cloud Infrastructure sales to reach $144 billion by 2030, a significant increase from the current year's estimate of $18 billion [6] - GameStop reported over a 20% increase in quarterly revenue, leading to a jump in its stock price [2] Economic Indicators - Concerns are emerging regarding whether a potential reduction in interest rates will be sufficient to support the stock market, particularly in light of persistent inflation above the Fed's 2% target [3] - The upcoming release of the Producer Price Index (PPI) and Consumer Price Index (CPI) will provide critical insights into inflation trends and their implications for interest rate cuts [3][4] Analyst Predictions - Barclays has raised its year-end target for the S&P 500 to 6,450 from 6,050, citing stronger-than-expected corporate earnings, resilient economic growth, and optimism surrounding artificial intelligence [4]