Even if you think that the Fed tries swinging elections, @johnauthers says that it’s just about impossible. The ‘jumbo cut’ didn’t stand a chance (via @opinion) https://t.co/h1uwSPusbk ...

Bring in show music, please. >> Hi, I'm CNBC producer Katie Kramer. Today on Squawk Pot, New York's new mayor, Zoran Mdani, on the budget for America's largest city. >> The prior mayoral administration has left us with a 12 billion fiscal deficit. And this is at a scale that's actually greater than what we saw here in New York City during the Great Recession. and how his version of economics is taking over city hall. >> Since 2021, when New York State increased taxes on the wealthiest New Yorkers, the numbe ...

Daily News 🗞 | December 11• Ethereum rising to $3.3K proves bottom is in• 5 banks approve Bitwise ETPs for wealth management• $1.2B in shorts set to liquidate if Bitcoin hits 95k+• Silver edges higher ahead of Fed rate decision• MANTRA initiates OM token migration in anticipation of network upgrade#CryptoNews #PoloniexNEWS ...

[music] Hello and welcome to Asking for a Trend. I'm Josh Lipton. A big day in finance.The Fed makes its rate cut decision. [music] Plus, investors digest a slew of big tech earnings. There's a lot to keep track of, so we're focusing on what you need to know [music] to get ahead of the curve.The Federal Reserve delivering a rate cut in markets like the commentary from Fed Chair Jerome Pal. The S&P 500 [music] closing near all-time highs. We've got the takeaways from the trading day.Plus, a closer look at th ...

This is Richard Ramston. He basically runs this conference. Uh it's been going on for 36 years.I know there's record attendance. Uh and you had that conversation yesterday with Maryanne Lake, the CEO of Consumer Community Banking, which saw JP Morgan's stock drop as a result of the surprising guidance she gave on expenses. Um she of course said the biggest drivers were kind of growth related.Activity levels were higher. They were making strategic investments. What signal was the market sending here in its r ...

分组1 - The Federal Reserve is experiencing internal divisions regarding interest rate policy, with some members advocating for cuts to support a cooling labor market, while others caution that excessive cuts could reignite inflation [2][11][20] - Current market expectations indicate a nearly 90% chance of a rate cut, with a 25 basis point cut anticipated, but the actual impact of the Fed's statements moving forward is uncertain [1][5][6] - The affordability crisis for consumers is exacerbated by high borrowing costs, as credit card and auto loan rates have not decreased in line with Fed rate cuts, leading to increased debt burdens for families [17][18][30] 分组2 - The economy is showing signs of growth, with a projected GDP growth of around 3.5%, largely driven by AI-related capital expenditures, which may mask underlying weaknesses in the broader economy [23][32][34] - The disconnect between reported economic growth and consumer sentiment highlights that those without significant financial assets are not benefiting from the current economic conditions [31][34] - The Fed's decision-making is influenced by the need to address affordability issues, as the benefits of economic growth are not evenly distributed across the population [32][36]

Market Overview - The market is currently in a wait-and-see mode ahead of the Federal Reserve's decision, with NASDAQ showing a decline while other indices are performing positively [1] - The 10-year yield has reached 4.20%, the highest since September 4, raising questions about its impact on equities [1] Interest Rates and Equities - Technical resistance for the 10-year yield is noted between 425 and 430, with a more significant resistance level for equities identified at 450 [2] - Historical context shows that yields have risen after each cut since September, with current yields only nine basis points above the levels when cuts began [3] - The rise in yields following the September cut was 100 basis points by the end of the year, suggesting that current concerns about yield increases may be overstated [4] Federal Reserve Outlook - The language used by the Fed regarding future rate cuts, particularly if it is hawkish, is expected to have a more substantial impact than today's rate decision [5] - There is speculation about the potential for elevated bond market volatility returning in 2026, which could pose challenges for the market [6][7] - The market appears to have already priced in a hawkish stance from the Fed, leading to bullish sentiment among investors [8] Earnings Reports and Market Reactions - Upcoming earnings announcements from Oracle and Broadcom are anticipated to be significant for market direction, potentially overshadowing the Fed's announcements [8][12] - The market is currently at a high, with the S&P and NASDAQ showing minimal percentage changes, indicating uncertainty about future guidance from major companies [12] Future Economic Indicators - The probability of a follow-on rate cut in January has decreased to 23%, with more confidence in a cut expected by June [19][20] - The upcoming economic data next week could dramatically alter the Fed's outlook and policy decisions [22]

Check the markets here as we wait for this afternoon's Fed decision. Of course, the news conference from the chair, NASDAQ's red, everything else is green, but certainly there feels like it's a wait and see. Uh Liz, nice to have you back.Um the 10-year yield 420. >> Yep. >> Okay.That's the highest since September the 4th. Piper Sandler today says, "Is the tenure at 425 the line in the sand for equities?" So, is that the biggest wild card today. what rates do on the back of whatever the Fed says.>> Uh, yes, ...

Bitcoin ETFs turn positive with $152 million in inflows ahead of Fed rate decision, while traders stay defensive amid expected volatility: analysts https://t.co/SICxDBuMfV ...

Buckle up. It is time for money power politics. On Monday, President Trump announced that he would allow Nvidia to sell its powerful H200 chips to China with the US pocketing 25% of the revenue.That announcement rolls back years of policies that were specifically designed to block Chinese access to advanced chips, something even his own justice department has warned about. Just hours before his announcement, the DOJ revealed they shut down a major chip smuggling ring that was linked to China. And the chips ...