💼 𝗠𝗮𝗿𝗸𝗲𝘁 𝗪𝗮𝘁𝗰𝗵: 𝗪𝗵𝗮𝘁'𝘀 𝗔𝗵𝗲𝗮𝗱 𝗶𝗻 𝘁𝗵𝗲 𝗖𝗼𝗺𝗶𝗻𝗴 𝗪𝗲𝗲𝗸
▪️ 𝗣𝗖𝗘 𝗜𝗻𝗳𝗹𝗮𝘁𝗶𝗼𝗻 𝗗𝗮𝘁𝗮
The upcoming U.S. inflation data on Friday is crucial for market expectations regarding a potential Federal Reserve interest rate cut in September. Economists anticipate June personal consumption expenditures (PCE) price index to rise by 0.1% for the second consecutive month, which would reduce the three-month annualized core inflation to its slowest rate this year, below the central bank 2% target. The consumer price index (CPI) fell in June for the first time in four years, reinforcing market expectations of a rate cut. Following the CPI report, Fed Chair Jerome Powell expressed increased confidence that inflation is moving toward the Fed's target sustainably.
▪️ 𝗘𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝗥𝗲𝗽𝗼𝗿𝘁𝘀
As earnings season heats up with notable companies like $TSLA (Tesla Motors, Inc.) , $GOOG (Alphabet), and other major companies are set to release their earnings reports. In our portfolio we have only $TSEM (Tower Semiconductor Ltd) reporting earnings and ex-dividend for $CVS (CVS Health Corp) .
𝗥𝘂𝗶 𝗛𝗲𝗻𝗿𝗶𝗾𝘂𝗲𝘀
𝑷𝒐𝒑𝒖𝒍𝒂𝒓 𝑰𝒏𝒗𝒆𝒔𝒕𝒐𝒓 @AlmostDone... Show More
