Group 1 - Gold reserves have increased to 24% of global reserves, up from 14% two decades ago, and are projected to reach 27% by 2030 if the current trend continues [1] - Central banks previously sold off 140 million ounces of gold from 2002 to 2010, but have since become net buyers following a loss of confidence after 2008 [1] - Gold prices have risen above $4,000 per ounce, allowing miners to achieve significant profit margins [1] Group 2 - Silver has reached an all-time high, surpassing $60 per ounce, outperforming gold in recent market conditions [2] - The average investor is underperforming compared to a traditional 60/40 portfolio, earning less than half of its returns [2] - Japan's 40-year government bonds are offering a yield of 5%, which poses a potential threat to long-term bonds in other markets, particularly in the US [3]

Meanwhile, broader markets closing out the week with gains, but off their highs of the session. The S&P and Dow both less than 1% from records. The moves come after the latest read on inflation.September reading delayed by the shutdown came in about in line with expectations. All this ahead of this year's final Fed decision next week. For more, let's bring in Andrew Davis, director of macroeconomic research at Bridmore Trust Advisors.Andrew, great to have you with us. >> Thanks for having me. Great to see y ...

Company Developments - Netflix is acquiring Warner Brothers for $72 billion, marking a significant move in the streaming industry and potentially enhancing Netflix's competitive edge in the streaming wars [4][5][6] - Analysts suggest that this acquisition could position Netflix as a one trillion dollar company, although it also involves taking on more debt [6][10] - Meta is pivoting from its metaverse projects, reducing them by 30% and focusing more on AI, reflecting a strategic shift in response to market dynamics [46][51] Earnings Reports - Dollar General reported a 14% increase in stock price following strong earnings, with a 37% rise since November 6, driven by higher traffic and margin recovery as consumers seek lower-priced options amid inflation [18][19] - Salesforce's stock rose 4% post-earnings, with a notable 114% growth in its AI-powered AgentForce product, although AI revenue remains a small portion of total revenue [21][22][23] Market Trends - The current economic environment shows consumers gravitating towards budget-friendly retailers like Dollar General and Walmart, indicating inflation fatigue [18][20] - The upcoming Fed meeting is generating significant speculation, with an 87% chance of a rate cut, a notable shift from previous expectations [36][37] Industry Insights - The integration of AI in various companies, including Salesforce, is being closely monitored as investors look for signs of revenue growth from these investments [26][28] - The competitive landscape in AI is intensifying, with major players like Nvidia, Meta, and Google investing heavily to avoid falling behind [26][54]

This retailer is deeply out of favor right now, but a significant part of that is driven by consumers' concerns over rising costs.Inflation is usually pretty insidious, slowly eroding the purchasing power of your dollars. But occasionally, inflation intensifies to the point where it becomes an openly discussed problem.This occurred following the COVID-19 pandemic, and the concern about rising costs persists to this day, with consumers adjusting their buying habits accordingly. That's bad news for Target's ( ...

U.S. Stock Market Performance - U.S. stocks traded higher, with the Nasdaq Composite gaining around 0.2% on Friday [1] - The Dow increased by 0.17% to 47,933.71, while the NASDAQ rose 0.16% to 23,543.03, and the S&P 500 gained 0.15% to 6,867.40 [1] - Communication services shares jumped by 0.9%, while utilities stocks fell by 0.6% [1] Economic Indicators - The U.S. PCE price index increased by 0.3% month-over-month in September, consistent with the previous month and market estimates [2][11] - U.S. personal income rose by 0.4% month-over-month to $26.397 trillion in September [8] Commodity Market - Oil traded up 0.7% to $60.08, gold increased by 0.1% to $4,245.70, silver rose by 2.7% to $59.035, and copper gained 1.2% to $5.4385 [5] Company-Specific Movements - Praxis Precision Medicines Inc shares surged 31% to $248.00 after announcing completion of its pre-NDA meeting with the FDA [9] - DigitalBridge Group Inc shares increased by 32% to $12.86 following reports of SoftBank's interest in acquiring the company [9] - Rubrik Inc shares rose 23% to $86.80 after reporting better-than-expected third-quarter results and raising FY26 guidance [9] - Parsons Corp shares dropped 25% to $62.97 after losing a joint bid with IBM for a new air traffic control system [9] - Sportsman's Warehouse Holdings Inc shares fell 30% to $1.70 after reporting third-quarter results [9] - Domo Inc shares decreased by 23% to $8.87 after reporting third-quarter results and issuing lower-than-expected fourth-quarter sales guidance [9]

Market Overview - The Dow Jones Industrial Average increased by 56.19 points (0.1174%), continuing its upward trend and approaching all-time highs, driven by strong corporate earnings and positive economic data [1] - Investors are closely watching the Personal Consumption Expenditure (PCE) price index, the Federal Reserve's preferred inflation measure, ahead of an anticipated 25 basis point interest rate cut in the upcoming Fed meeting [1] - Initial jobless claims fell to 191,000, the lowest level since September 2022, signaling optimism for the economy [1] Company Performances - Salesforce (CRM) was a standout performer, surging 4.83% following better-than-expected third-quarter 2025 adjusted earnings and a positive financial outlook, particularly due to strong demand for its AI products [2] - Other notable gainers included Verizon (VZ) up 1.54%, Visa (V) rising 1.52%, Goldman Sachs (GS) climbing 1.37%, and Walmart (WMT) increasing 0.88%, indicating confidence in consumer spending and economic stability [2] Sector Weakness - Healthcare and industrial stocks faced declines, with Amgen (AMGN) being the largest loser among Dow components, falling 2.67% despite positive analyst upgrades and promising clinical trial results for its obesity drug [3] - Other significant losers included 3M (MMM) down 1.26%, UnitedHealth Group (UNH) down 1.14%, Travelers Companies (TRV) declining 0.97%, and Merck & Co. (MRK) down 0.89%, reflecting a broader dip in the Health Care Select Sector SPDR [3]

Group 1 - Consumer spending in the U.S. showed almost no growth in September, indicating fatigue among consumers under persistent inflation pressure [1] - The core Personal Consumption Expenditures (PCE) price index rose by 0.2% month-over-month and 2.8% year-over-year, suggesting uneven inflation cooling [1] - Retail sales data for Black Friday showed a 4.1% year-over-year increase, driven mainly by high-income consumers, while ordinary consumers remain cautious due to weak job market prospects and high prices [1] Group 2 - Consumer sentiment improved for the first time in five months, with the Michigan University index rising from 51 to 53.3, reflecting optimism about personal financial situations [2] - Concerns about job security are rising, with over half of workers worried about unemployment and many believing it would take four months or longer to find a similar job if laid off [2] - Spending fatigue and a significant decline in goods consumption were noted, with September recording the largest drop in goods spending since May, particularly in automotive, clothing, and footwear [2] Group 3 - Real disposable income has stagnated for the second consecutive month, while nominal wages increased by 0.4%, providing some support for high-income households [3] - The mixed data has intensified the debate within the Federal Reserve regarding potential interest rate cuts, with some officials advocating for cuts to support the slowing job market [3] - Following the data release, S&P 500 futures and U.S. Treasury yields continued to rise, although the government shutdown has delayed the release of the October consumption report [3]

U.S. stocks were higher, with the Dow Jones gaining more than 150 points on Friday.Shares of ServiceTitan Inc (NASDAQ:TTAN) rose sharply during Friday's session after the company reported better-than-expected third-quarter financial results.ServiceTitan reported quarterly earnings of 24 cents per share which beat the analyst consensus estimate of 15 cents per share. The company reported quarterly sales of $249.200 million which beat the analyst consensus estimate of $238.535 million.Also, BMO Capital mainta ...

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 150 points on Friday.Following the market opening Friday, the Dow traded up 0.37% to 48,025.65 while the NASDAQ rose 0.37% to 23,591.14. The S&P 500 also rose, gaining, 0.33% to 6,879.55.Check This Out: Broadcom To Rally More Than 14%? Here Are 10 Top Analyst Forecasts For FridayLeading and Lagging SectorsCommunication services shares jumped by 1% on Friday.In trading on Friday, utilities stocks fell by 0.2%.Top HeadlineVicto ...

Interesting. Kevin Hanks live at the CBOE for our pre-built playbook is with us. Of course, we're waiting on the PCE at 10 a.m. Let's uh first just start big picture. How you feeling this Friday morning.>> Good morning, Nicole. Yeah, we seem to be cruising into the end of the week with big events on the horizon. The Fed meeting that will be obviously the announcement.Do they cut. Will it be will there be dissents. Then Jerome Pal's press conference.Then we get the uh summary of economic pro projections that ...