Indicating a September Cut was more likely. Moving in the right direction and the recent unemployment married means now is the right time to talk about. The us economy added an 80018,000 about. The us economy added an 800 18,000 jobs in 2023 and early 2024 but now know what that this report will cut in september but how aggressive they will be. It is looking for clues from fed Chairjerome Powell. Us federal reseve Chairjerome Powell will deliver his widely anticipated speech on friday. William lee, chief economist at the milken institute, gave us a sense of what to expect. Well, the federal Reserve Chairman have used this opportunity to try to let the world get a peek at how theyre assessing the world, the financial markets, and what it is thats leading up to the decision in september. And every chairman in the past has really tried to provide some clue as to what it is theyll be doing, not only at the next meeting, but for several meetings thereafter. And the message that you think yo
What do you think the course of action will be . There is some thought the volatility we have seen is in some part driven by the Fed Waiting too long to drop interest rates. I think the fed has made it reasonably clear it is coming, and i think the 50 Basis Points in september is a pretty good bet. I think very soon they will start to talk more doveishly leading up to that cut. I think after all with many years of experience of seeing the Federal Reserve really giving into what the financial markets are looking for, so we are reasonably confident that Rate Cut is coming. Retail sales data from china, us Consumer Prices are all due out this week. What are you expecting from those numbers and how will that impact policymakers in both the us and china . I think in terms of the us, we are expecting the Inflation Data will be weaker, and we do expect that to continue to pave the path for the fed to cut the rate in september. Now, with china, the Retail Sales is expected to be weaker, given
it faces fierce domestic competition in china along with softer demand. remember, tesla is not just a car company. it is an autonomous driving and robotaxi company with massive amounts of data needed to train its algorithms and fine tune the system. meanwhile, apple has seen iphone sales fall in china and that will be in focus when it reports quarterly results after the us market close on thursday, as will any announcement it makes on artificial intelligence. another stock that has the power to move markets this week is amazon which turns in its report card later today. the tech giant is under under pressure to pay shareholders a dividend. it is the only big tech firm that doesn t after alphabet did it last week. traders are also keeping a watchful eye on the federal reserve chairjerome powell. the muddled inflation picture has some asking if rate cuts have been cancelled or delayed. the fed is expected to leave interest rates unchanged when its policy meeting ends on wedn
electric car maker. it faces for is domestic competition in china along with softer demand. remember, tesla is notjust a car company. is an autonomous driving and robo taxi company with massive amounts of data needed to treatments algorithms and fine tune the system. meanwhile, apple has seen iphone sales fall in china and that will be in focus when it reports quarterly results after the us market closed on thursday, as will any announcement it makes on artificial intelligence. another stock that has the power to move markets this week is amazon which turns in its report card later today. the tech giant is under pressure to pay shareholders a dividend. it is not the only big tech firm that doesn t after alphabet did it last week. traders are also keeping a watchful eye on the federal reserve chairjerome powell. the inflation picture has some asking if rate cuts have been cancelled or delayed. the fed is expected to leave interest rates unchanged when its policy meeting ends o
Apple is set to try and revive its iPad line during a “virtual event” it has called Let Loose. It is expected to bring the first significant update to the high-end iPad Pro since 2018. Investors hope it will reverse five consecutive quarters of negative iPad sales growth. This is a chance for a revival of a product that shows great promise but has always felt artificially constrained.