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@crzyc

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Bank of America economists said there is a “real risk” that the Fed won’t cut until March 2025 “at the earliest,” though for now they’re still going with a December forecast.
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Economists and strategists now see the Fed waiting until at least September to cut interest rates and are increasingly entertaining the possibility of no reductions at all this year.
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U.S. stock futures managed to tick higher Sunday as investors dealt with a multitude of issues, including Iran’s missile and drone strike on Israel and a spike in equity market volatility that sent the Dow Jones Industrial average to its worst week of the year last week.
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Despite tech stocks' exceptionally strong performance over the past year-plus, valuations like price-earnings (PE) ratios don't seem to be at extremes.
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Banks have reaped high profits in recent quarters as the Federal Reserve started raising interest rates in March 2022 to tame inflation, which boosted net interest income (NII), or the difference between what lenders earn on loans and pay out for d
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U.S. stocks closed higher on Thursday, with tech-related momentum stocks leading the charge, as fresh economic data rekindled hopes that inflation remains in a cooling trend. The S&P 500 also closed in positive territory, while the Dow ended essentially unchanged.
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Stocks hit selloff mode Wednesday as investors assessed a hot March inflation reading that fueled worries the Federal Reserve may implement fewer rate cuts than expected. Minutes from the Fed's meeting last month also showed that some officials remain concerned about inflation's path toward the central bank's 2% goal
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https://www.fidelity.com/viewpoints/personal-finance/tax-tips
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Investor sentiment was further dampened following the release of March’s Fed meeting minutes, which reflected officials’ concerns that inflation isn’t moving quickly enough toward the central bank’s 2% target.
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Stocks tanked on Wednesday after March inflation data came in hotter than expected, likely pushing off interest rate cuts by the Federal Reserve that investors have been anticipating.
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The consumer price index, a key inflation gauge, rose 3.5% in March, higher than expectations and marking an acceleration for inflation. Shelter and energy costs drove the increase. Energy rose 1.1% after increasing 2.3% in February, while shelter costs were higher by 0.4% on the month and up 5.7% from a year ago.
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Equity markets finished near the flatline on Monday, with the S&P 500 logging a modest 0.04% decline.* It was a quiet day on the economic calendar, with no major releases until Wednesday's consumer price index (CPI) inflation report.
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The Biden administration is proposing a sweeping initiative to slash student debt for nearly 30 million Americans, a plan likely to face legal challenges from Republicans who helped kill an earlier White House attempt at large-scale loan cancellation.
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“Hearing interesting things about Base chain. L2 from Coinbase? Let me know if you have any alpha.”
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U.S. Treasury Secretary Janet Yellen told Chinese Premier Li Qiang on Sunday that the ability to have difficult conversations has put the two economic superpowers on “a more stable footing” over the past year.
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Stocks rebounded Friday following the Dow Jones Industrial Average’s worst session in more than a year as traders cheered a stronger-than-expected jobs report and looked past a jump in rates. The 30-stock Dow climbed 307.06 points, or 0.8%, to settle at 38,904.04. The S&P 500 gained 1.11% to end the day at 5,204.34.
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Totally missed this! Any way you get on whitelist?
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/enjoydegen Airdrop 🎩
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U.S. stock futures were slightly lower Wednesday, as Wall Street’s struggles to start the second quarter of 2024 continued. Dow Jones Industrial Average futures fell by 38 points, or 0.1%. S&P 500 futures were lower by 0.2%, while the Nasdaq 100 futures dipped 0.3%.
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💊💊
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