Wall Street was anticipating today's third-quarter GDP report to be a monster print, but the figure arrived even hotter than expectations. The report showed persistent consumer spending, which is anchoring hawkish monetary policy expectations despite the data providing favorable inflation news.
Monthly Archives: October 2023
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Gold as a strategic asset class can provide a unique combination of benefits to investors, including risk management, capital appreciation, and wealth preservation.
Pricing pressures are not limited to the real estate sector, as companies like Heineken, Tesla, and Winnebago are also struggling to pass on higher input costs to customers, with some even engaging in a price war.
Stocks rallied to start the week on earnings optimism before losing momentum over rising bond yields, as the 10-year Treasury yield moved above 4.9% for the first time since 2007.
Stocks exhibited remarkable resilience in the face of a surprise attack on Israel and hotter inflation data than investors expected. Stock prices initially buckled on the breakout of hostilities in the Middle East.
Retail sales push yields back towards upper end. The strong retail sales data released this morning from the Commerce Department points to a giant third quarter GDP print, which is scheduled for release next week and is likely to keep the Federal Reserve a focus point for investors.
As policymakers around the world consider how to address decarbonization, the UK's initiative provides a model for facilitating more consistent climate-related information and transition planning.
With its user-friendly platform and customizable investment options, Interactive Advisors has made investing easy and accessible to a wide range of investors.