Daily Report | 9 November 2022
Wall Street rallied amid US Midterms. The Dow appreciated 300 points, or 1% leading Wall Street's gains. As for the US
Wall Street rallied amid US Midterms. The Dow appreciated 300 points, or 1% leading Wall Street's gains. As for the US
Wall Street ended higher earlier in the week amid investors' focus on October inflation data, which will be released on
US Unemployment Rate Oct. MoM rose to 3.7% (Vs. Sept. 3.5%), giving the Dec. FFR a Dovish room by just +50Bps (Vs. Nov.
The labor market remains solid, keeping the Fed on an Aggressive Hawkish path. In fact, speculation arose that the peak
The hawkish signal continued, lessening expectations of the Fed Pivot in December. The Fed, again, raised the FFR by
The Fed Pivot is too early, and the US labor market becomes more solid. US labor data, JOLTS Job Openings rose 437K
Investors focus on December 14, FOMC Meeting Nov. Results a price in. Apple Inc. shares fell more than 1% after Reuters
Big Tech. Stocks pushed the Nasdaq up by 300 points. The share price of Google's parent company, Alphabet, followed by
The Strong Dollar put pressure on the 4Q22 GDP. The U.S. economy re-expanded with Annualized 3Q22 GDP QoQ grow +2.6%