Traders have decided that even though it's still earning nearly 5%, cash is trash compared to quick profits in a wide variety of risk assets.
Monthly Archives: November 2023
16 posts
The release of the minutes from the Fed's last meeting further boosted investor optimism, as many Fed officials reaffirmed that monetary policy must remain restrictive until inflation is on track for the Fed's two percent target.
Builder discounts failed to propel transactions last month, with new home sales weakening in October despite price incentives and interest rate concessions.
The Fed's recent actions have led to a reevaluation of what it means to 'fight the Fed,' and it's crucial for investors to understand the difference between a trading opportunity and an investable rally.
The Global X ETFs November 2023 Consumer Pulse Survey: Holiday Spending reveals some interesting insights into consumer spending habits during the holiday season.
The recent earnings reports from major cybersecurity companies have shown promising growth, with many beating consensus expectations. This trend is expected to continue, driven by the increasing demand for cybersecurity solutions and the growing need for organizations to protect themselves against cyber threats.
The recent rally in the stock market can be attributed to a better-than-anticipated consumer inflation number, which sent bond yields sharply lower and ignited a powerful rally.
The real estate market is poised to benefit significantly as inflation cools and the Fed begins cutting interest rates next year, leading to increased building, improved affordability, and a recovering volume of transactions.
Gold saw a significant turning point in October, with the spot price rising 7.32% in the US$/oz, the largest monthly gain since March 2023.
Markets are on perpetual watch for an appearance of Goldilocks, and she might have made an appearance this morning.
Despite signs of a cooling labor market, with employment data showing a lower-than-expected growth in new private sector jobs and an uptick in the unemployment rate, the market remains optimistic about the future.
The use of AI in healthcare operations can bring significant cost savings across the ecosystem, with private insurance firms, physician groups, and hospitals all poised to benefit.