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Featured AlphaTack Intel Article
Russia Scraps Deep Growth-Cut Plan as Iran War Boosts Income
Russia is abandoning plans for a sharp downgrade to its 2026 growth forecast as the war in Iran boosts its oil revenue. The Economy Ministry is now unlikely to significantly revise its projected 1.3% expansion in gross domestic product when it updates its...
– AlphaTack Intel Articles –
The Case for Two Fed Rate Cuts in Early 2024 Is Building
Financial conditions continue to tighten even as US central bankers do nothing. A failure to respond come next year will risk a recession. Now that there’s a growing consensus that the Federal Reserve is done raising interest rates — a shift I predicted last month —...
Big Tech’s $2 Trillion Rally Saves Nasdaq From Correction
Traders are betting Big Tech stocks will keep pushing higher Focus turns to Nvidia earnings as Nasdaq flashes warning Investors were given plenty of opportunities to fret about the outlook for technology giants this earnings season. Instead, they doubled down on a...
US Homebuilder Sentiment Declines to Lowest Level This Year
US homebuilder sentiment fell to the lowest level this year in November as high mortgage rates kept a lid on housing demand. The National Association of Home Builders/Wells Fargo gauge decreased six points to 34 this month, according to data out Thursday. That was...
[VIDEO] David Rosenberg: The Market Is NOT Ready For What’s Coming (w/ Adam Taggart)
Source: Adam Taggart
Walmart CEO says food deflation may come soon
New YorkCNN — Lower grocery prices may soon be coming for shoppers. Walmart CEO Doug McMillon said Thursday that the US food industry may be heading into a period of deflation after three years of punishing price hikes that have caused sticker shocker for shoppers at...
US economy cools as retail sales dip, monthly producer prices decline
Summary Retail sales fall 0.1%; September sales revised higher Core retail sales increase 0.2%; September data revised up Producer prices fall 0.5%; up 1.3% on year-on-year basis WASHINGTON, Nov 15 (Reuters) - U.S. retail sales fell for the first time in seven months...