Daily Report | 17 October 2022
Inflation projections for 2023 remain high, Nasdaq weakens by 3%. Data from U. of Mich. showed consumer expectations for
Inflation projections for 2023 remain high, Nasdaq weakens by 3%. Data from U. of Mich. showed consumer expectations for
Wall Street's Technical Rebound of 2% Vs. High inflation remains above 8% YoY. The soaring of rental housing and food
The producer-price level logs downwards, Wall Street opens higher. US PPI Final Demand Sept. YoY go down to level 8.5%
Wall Street mixed in the upcoming 3Q22 Earning Results. Investors anticipate profit expectations downwards amid
Investors anticipate Big Banks Earning Results next Friday, as some analysts have lowered their projections on 3Q22
US economy Resilient, ready for 4% FFR. The US labor market is solid, the Unemployment Rate drops to a low of 3.50%; and
US Unemployment Rate Sept. down to 3.50% level (Vs. Aug. 3.7%); indicates the economy remains resilient, or is ready to
Investors are worried about the Non-Farm Payroll data, amid speculation that the FFR +75Bps rises for the fourth time in
Lagging Inflation indicator restrains Wall Street's pace. The labor market is one of the Lagging Indicators of