Daily Report | 3 November 2022
The hawkish signal continued, lessening expectations of the Fed Pivot in December. The Fed, again, raised the FFR by
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%
Several Big Cap. Tech performances were depressed, Nasdaq weakened by 2%. Google's parent company, Alphabet, reported a
Big Cap. Tech Stocks Earning Results, significantly moved the market, or Nasdaq gained more than 2%. Stocks on Wall
US manufacturing activity contracted. US S&P Global data showed Mfg. PMI Oct. began to contract or was at 49.9 (Vs.
The Fed's dovish has closed the FFR in 2022 at 4.5%. In the rest of the year, the Fed may consider a smaller FFR hike