BREAKING ๐จ: U.S. Debt
Cost of U.S. Debt approaches $1.15 Trillion, the highest level in history
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Cost of U.S. Debt approaches $1.15 Trillion, the highest level in history
@Fin_Watch
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๐บ๐ธU.S. ECONOMIC DATA THIS WEEK:
โข NY FED MANUFACTURING INDEX (MON.)
โข RETAIL SALES (TUES.)
โข BUILDING PERMITS (WED.)
โข HOUSING STARTS (WED.)
โข INDUSTRIAL PRODUCTION (WED.)
โข JOBLESS CLAIMS (THURS.)
โข PHILLY FED MANUFACTURING INDEX (THURS.)
@Fin_Watch
โข NY FED MANUFACTURING INDEX (MON.)
โข RETAIL SALES (TUES.)
โข BUILDING PERMITS (WED.)
โข HOUSING STARTS (WED.)
โข INDUSTRIAL PRODUCTION (WED.)
โข JOBLESS CLAIMS (THURS.)
โข PHILLY FED MANUFACTURING INDEX (THURS.)
@Fin_Watch
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1. Fed Chair Powell Speaks - Monday
2. June Retail Sales data - Tuesday
3. June Building Permits data - Wednesday
4. Philly Fed Manufacturing data - Thursday
5. Total of 11 Fed speaker events this week
6. Large banks report Q2 2024 earnings
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๐บ๐ธ U.S. Equity Funds saw a weekly inflow of more than $15 billion to finish June, the largest weekly inflow in 12 months
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๐จ๐จ๐จ Google's #Gemini AI caught scanning Google Drive hosted PDF files without permission โ user complains feature can't be disabled.
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This is down from a record 35 rate hikes conducted in September 2022 in response to spiking inflation.
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๐ฎ๐ณ Apple's $AAPL annual sales in India hit a record of ~$8 Billion in the 12 months through March up 33% YoY - Bloomberg
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JUST IN: ๐บ๐ธ Tesla $TSLA CEO Elon Musk will contribute $45 million per month in order to elect Former President Donald Trump
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That's $225m over 5 months.
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๐บ๐ธ The market is now pricing in a 100% chance that Jerome Powell and the Fed will cut rates by September - CME FedWatch Tool
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1. Tech stocks are falling like we are entering a bear market
2. Small cap stocks are rising like the bull market just began
3. Gold prices are rising like we are entering a recession
4. Bond prices are falling like the economy is strong
5. Oil prices are falling like rate cuts are cancelled
6. The S&P 500 is rising like rate cuts already began
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๐บ๐ธ Donald Trump appears in public with a bandage on his ear for the first time since being shot.
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๐ท๐บ ๐จ๐ณ Russia surpassed Saudi Arabia to become China's largest oil supplier in 2023.
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