Breaking: U.S. economic growth accelerated to a 4.3% annual rate last quarter, blowing past expectations https://t.co/5GmgF6xrRS ...

NEW: Bank of America CEO Brian Moynihan says AI’s economic impact is "kicking in more" and expects it to boost U.S. economic growth in 2026 ...

JUST IN: Bank of America CEO says AI will drive "strong" economic growth in 2026. https://t.co/pMcKheSK7T ...

Market Overview - Markets were mixed, with the Nasdaq rising by +0.23% due to positive news from Tesla, while the Dow, S&P 500, and Russell 2000 declined by -0.62%, -0.24%, and -0.45% respectively [1] - The U.S. jobs report showed a net gain of +64K jobs in November, recovering from an October loss of -105K jobs, contributing to concerns about economic stability [2] Retail Sales and Economic Indicators - Retail Sales for October remained unchanged at 0.0%, missing expectations of a +0.1% increase, while ex-auto sales rose by +0.4% [3][4] - The S&P flash Services PMI for December was reported at 52.9, down from 54.1, and Manufacturing PMI dropped to 51.8 from 52.2, but both remain above the growth threshold of 50 [5] Oil Market Dynamics - Global crude oil prices are nearing five-year lows, with West Texas crude trading at $55 per barrel, marking ten consecutive days below $60, which may help keep inflation low but negatively impacts companies like Phillips 66, which saw a nearly -7% drop [6] Company Performance: Lennar Home - Lennar Home reported Q4 earnings, missing bottom-line expectations due to a one-time charge of $156 million, with earnings of $1.93 per share and revenues of $9.37 billion, surpassing the consensus of $9.13 billion [7] - New orders for Lennar Home decreased by +18% year-over-year, indicating challenges in the overall market, with expectations for new deliveries falling below analyst estimates [8][9]

Market Analysis Based on Potential Fed Chair Picks - Reflexivity's analysis suggests different investment strategies based on who is chosen as the next Federal Reserve chair [1][3] - The platform uses odds calculation to provide optimal positioning advice [3] Investment Strategies Under Different Scenarios - If Kevin Hasset is chosen, the best strategy is to invest in small-cap stocks, benefiting from potential immediate rate relief and higher expected growth [3][4] - Small caps have 60% floating rate debt versus 30% for large caps, making them more sensitive to rate changes [4] - If Kevin Warsh is chosen, financial sector stocks (e g, XLF) are preferred due to his perceived stability and market trust [5][6] - A Warsh appointment is expected to steepen the yield curve, benefiting banks [6] Investment Strategy for Uncertainty - If the choice between candidates is unclear, the Vanguard Dividend Appreciation ETF (VIG) is recommended [7][8] - VIG performs well in a lower rate environment, as companies maintaining dividends often have pricing power [8] - VIG offers diversification across financials, healthcare, tech, and consumer staples [8] - VIG provides lower volatility and lower expected reward, suitable when the outcome is uncertain [8][9]

The Kelsey prediction markets agree by the way with Hasset now back ahead of former Fed Governor Kevin Worsh who took the lead I think just this week. Hasset leading the odds today with a 53% chance of getting the nod. Worsh down to 34.While the market debates which Kevin could win the horse race, we wanted to ask what would be the real difference between them as far as the market can discern. Let's bring in Dan Clifton. He's head of policy research at Strategus.Dan, the task goes to you. I'm sure everyone ...

The European Central Bank’s new forecasts next week will probably feature a more optimistic outlook for economic growth, according to President Christine Lagarde https://t.co/2Ms252rsyp ...

Hello everyone. There's massive speculation on who's going to be the next Fed chairman. The SEC is cracking down on highly leveraged ETFs.And Google AI, they just revealed a mindblowing video that's going to show you how valuable AI is going to be. We're live today from the desk of Anthony Pompiano. [music] Before we get into today's episode, I need your help.My goal is to get to 1 million subscribers on YouTube, but right now we only have 40,157. Every single one of you watching this video right now, hit t ...

When do we really see the engine of the economy start to take off. >> Well, some of it's already started, Sean, but some of it is going to take a long time because we inherited a disaster. We inherited the highest peacetime debt and deficits in the history of the United States of America.We inherited the worst inflation crisis in in in at least the last 40 years and I think probably longer. I know that there are a lot of people out there, Sean, who are saying things are expensive. And we have to remember th ...

It turns out that bureaucracy is bad for economic growth—who knew? The EU’s bid to curb batty regulations is clearly welcome, but will cause whiplash https://t.co/3cYa3mD8A2Illustration: Peter Schrank https://t.co/hWJT5hWcDr ...