Daily Report | 29 November 2022
Anti Zero-Covid demonstration that led to China's domestic political tension will impact the country as the world's
Anti Zero-Covid demonstration that led to China's domestic political tension will impact the country as the world's
Wall Street Vs. Main Street. Investors are focused on retail stocks, a benchmark for consumer confidence, as high
The US dollar is coming near to a 3-month low after the Fed signaled a lower FFR hike in December. As Wall Street
Jobless claims increased by 8% WoW amid several technology sector layoffs. The efficiency efforts of several technology
Besides the energy stocks, retail stocks propped the S&P 500 up by 50 points. The appreciation of several retail
The speculation of China's Zero-Covid Policy re-implementation put pressure on energy stocks. Non-Primary Consumers and
Stocks are defensive to prop up the S&P 500, ignoring speculation of a fifth FFR 75Bps gain in December. On the
Jobless claims fell 2% within the week, again giving the Fed a Hawkish room. Data showed that US Initial Jobless Claims
Resilient Consumers keep inflation high. The accumulation of savings during the Covid19 pandemic, and rising wages amid