→ Headline CPI: ▲ 0.4% MoM / ▲ 3.1% YoY — no real progress toward 2%.
→ Core CPI: ▲ 0.3% MoM / ▲ 3.1% YoY — services still doing the heavy lifting.
→ Fed cut odds: ~100% for next week.
#CPI
→ Headline CPI: ▲ 0.4% MoM / ▲ 3.1% YoY — no real progress toward 2%.
→ Core CPI: ▲ 0.3% MoM / ▲ 3.1% YoY — services still doing the heavy lifting.
→ Fed cut odds: ~100% for next week.
#CPI
We’re not heading back to 3% mortgages anytime soon...
#MortgageRates
We’re not heading back to 3% mortgages anytime soon...
#MortgageRates
→ #GC=F hit $4,007.90/oz, its 13th new high in September and 50% up YTD — the best run since 1979.
→ ETF inflows: +23% QoQ to a record $26B, led by North American funds.
→ #GC=F hit $4,007.90/oz, its 13th new high in September and 50% up YTD — the best run since 1979.
→ ETF inflows: +23% QoQ to a record $26B, led by North American funds.
→ #AMZN unveiled Amazon Grocery, a new private-label brand merging Fresh + Happy Belly.
→ 1,000+ items — from milk to seafood — with most priced under $5.
→ Budget push lands Amazon in direct competition with Walmart’s Great Value and Target’s Favorite Day.
→ #AMZN unveiled Amazon Grocery, a new private-label brand merging Fresh + Happy Belly.
→ 1,000+ items — from milk to seafood — with most priced under $5.
→ Budget push lands Amazon in direct competition with Walmart’s Great Value and Target’s Favorite Day.
→ Gold ( #GC=F ) hit a record $3,895/oz ▲ +0.9% › 5th straight gain, +48% YTD — pacing its best year since 1979.
→ Silver ( #XAG) jumped +2% to $47.56/oz › now within 5% of its all-time high, +60% YTD on persistent supply deficits.
#GOLD #shutdown
→ Nvidia ( #NVDA) ▲ +2.0% › Chip leader stayed hot as AI demand chatter kept buyers in.
→ Snap ( #SNAP) ▲ +2.3% › Bounce on steady engagement trends despite muted catalysts.
→ Opendoor ( #OPEN) ▼ −5.7% › Housing play slid as volume sellers hit after recent strength.
→ Gold spiked above $3,720/oz, up 5 weeks in a row
→ Silver ▲ +2.0% › YTD gains >50%
→ Bullion ETFs ▲ +0.9% Friday — biggest inflow since 2022
→ Drivers: Fed easing cycle, central bank buying, geopolitics
→ Gold spiked above $3,720/oz, up 5 weeks in a row
→ Silver ▲ +2.0% › YTD gains >50%
→ Bullion ETFs ▲ +0.9% Friday — biggest inflow since 2022
→ Drivers: Fed easing cycle, central bank buying, geopolitics
→ Intel ( #INTC) ▲ +22.9% › Ripped higher after Nvidia’s $5B stake — Wall St. calls it a game changer.
→ Opendoor ( #OPEN) ▼ -1.7% › Gave back some recent gains; housing trade still choppy.
→ Snap ( #SNAP) ▲ +6.3% › Ad recovery chatter keeps bulls interested.
→ Bullish ( #BLSH), the Peter Thiel-backed crypto platform, swung to Q2 net income of $108M (vs. -$116M YoY)
→ Revenue: Digital asset sales ▲ 18% to $58.6B
→ Trading volume ▲ 35% to $179.6B
→ Stock ▲ +12% on the report
→ Bullish ( #BLSH), the Peter Thiel-backed crypto platform, swung to Q2 net income of $108M (vs. -$116M YoY)
→ Revenue: Digital asset sales ▲ 18% to $58.6B
→ Trading volume ▲ 35% to $179.6B
→ Stock ▲ +12% on the report
→ Fed cuts rates 25bps to 4.00%–4.25%
→ First cut of 2025 — two more expected this year
→ Dot plot: 9 officials see 3 cuts, 6 see just 1
→ Labor softening: Unemployment at 4.3%, job gains slowing
→ Inflation still sticky: Core CPI at 3.1%
#SPY #fomc2025 #FOMCMeeting
→ Fed cuts rates 25bps to 4.00%–4.25%
→ First cut of 2025 — two more expected this year
→ Dot plot: 9 officials see 3 cuts, 6 see just 1
→ Labor softening: Unemployment at 4.3%, job gains slowing
→ Inflation still sticky: Core CPI at 3.1%
#SPY #fomc2025 #FOMCMeeting
→ $WBI IPO priced at $20
→ Opened at $25 › ▲ +25%
→ Raised $634M (upsized)
→ Valued near $3B on debut
→ 60% of IPO was primary offering
Midstream water infra isn’t sexy — but in this market? Profitable + private equity-backed = IPO greenlight.
#IPO #NYSE
→ $WBI IPO priced at $20
→ Opened at $25 › ▲ +25%
→ Raised $634M (upsized)
→ Valued near $3B on debut
→ 60% of IPO was primary offering
Midstream water infra isn’t sexy — but in this market? Profitable + private equity-backed = IPO greenlight.
#IPO #NYSE
→ 30-year fixed: 6.39% — lowest since Oct ‘24
→ Refinance applications: ▲57.7% WoW
→ Total mortgage apps: ▲29.7% WoW
→ 60% of all apps now for refis
→ 30-year fixed: 6.39% — lowest since Oct ‘24
→ Refinance applications: ▲57.7% WoW
→ Total mortgage apps: ▲29.7% WoW
→ 60% of all apps now for refis
→ #GOOGL ▲ +3.5% → $249.61
→ Market cap hits $3T for the first time
Why It’s Moving:
• Judge rules Google can keep Chrome — no forced divestiture
• AI momentum: Gemini rollout + cloud integrations
→ #GOOGL ▲ +3.5% → $249.61
→ Market cap hits $3T for the first time
Why It’s Moving:
• Judge rules Google can keep Chrome — no forced divestiture
• AI momentum: Gemini rollout + cloud integrations
→ #TSLA: ▲ +5.8% → $418.95
→ Year-to-date: Back in the green (+4%)
🔻 Context: Stock had been down 45% YTD in April. This move just erased that narrative.
→ #TSLA: ▲ +5.8% → $418.95
→ Year-to-date: Back in the green (+4%)
🔻 Context: Stock had been down 45% YTD in April. This move just erased that narrative.
› August producer prices: ▼ -0.1% vs. +0.1% est.
› Core PPI: ▼ -0.1% MoM, +2.8% YoY.
› Wholesale services down as retailers eat tariff costs.
› CPI hits tomorrow — traders bracing for a 0.3% print.
› August producer prices: ▼ -0.1% vs. +0.1% est.
› Core PPI: ▼ -0.1% MoM, +2.8% YoY.
› Wholesale services down as retailers eat tariff costs.
› CPI hits tomorrow — traders bracing for a 0.3% print.
→ BLS slashed -911K jobs (Mar ’24–Mar ’25), steeper than est. -682K.
→ August payrolls only +22K vs. +75K expected.
→ Unemployment: 4.3%.
#JobsReport #Fed #Markets
→ BLS slashed -911K jobs (Mar ’24–Mar ’25), steeper than est. -682K.
→ August payrolls only +22K vs. +75K expected.
→ Unemployment: 4.3%.
#JobsReport #Fed #Markets
🇫🇷 France’s debt → €3.35T (116% of GDP)
Annual interest → €66B — now more than France spends on schools or defense.
EU “rules” cap debt at 60%. Paris blew past that years ago.
The message? In Europe, rules bend — but interest payments don’t.
#France #Debt #Eurozone