THE TRUTH ABOUT: 102 - The Untold Story

US inflation in August rose to 3.7% amid sharp increase in energy prices

Growth in prices still remains far below the decades-high inflation rates that were seen last summer, when rate peaked at 9.1% in June

The Guardian - US · Sep 13, 2023

Higher gas prices likely pushed up inflation in August, though other costs probably slowed

A sharp increase in gas prices likely pushed inflation higher in August compared with a year ago, yet a measure excluding energy and food costs is expected to fall for the fifth straight month, suggesting that the Federal Reserve’s interest rate hikes are still bringing down prices for many goods…

The Independent UK · Sep 13, 2023

The odds of a recession are now just 15% because fading inflation and a strong labor market are changing the equation, Goldman Sachs says

Positive inflation and labor data has prompted Goldman Sachs' chief economist to rethink the probability of a recession in the next 12 months.

Fortune · Sep 5, 2023

Stock Market Today: Stocks Close Higher Ahead of Key Inflation, Jobs Data

The July personal consumption expenditures (PCE) index and the August jobs report are just two key data points on this week's jam-packed economic calendar.

Kiplinger · Aug 28, 2023

Stocks Set to Open Higher as Investors Await Key U.S. Inflation Data and Jobs Report

September S&P 500 futures (ESU23) are up +0.18%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.26% this morning as market participants looked ahead to the release of the Fed’s favorite inflation gauge while also awaiting Friday’s nonfarm payrolls report.

Barchart · Aug 28, 2023

Stock market today: Asian shares mostly rise after Fed chief speech

Asian shares are trading mostly higher, as investors felt relief from the head of the Federal Reserve indicating it will “proceed carefully” on interest rates

The Independent UK · Aug 28, 2023

In a multipolar world the dollar’s dominance won’t last forever

While we shouldn’t read too much into the Brics expansion, the geopolitical landscape is shifting

The Guardian - UK · Aug 27, 2023

Euro Currency: Examining the Potential for a Quick Flip Seasonal Trade

As the world has become increasingly interconnected, the global financial markets offer many opportunities for savvy traders. One such opportunity lies in the Euro currency as it aimlessly muddles, attempting to find direction. Can a small window seasonal pattern provide a trade in the Euro currency?

Barchart · Aug 26, 2023

Stock Market Today: Powell Speech Sends Stocks on Roller-Coaster Ride

Stocks popped then dropped after the Fed chair warned that more rate hikes could come down the pike, but then stabilized into the close.

Kiplinger · Aug 25, 2023

The Fed Remains Prepared to Raise Rates Further If Needed, Powell Says

The central bank remains committed to reaching its 2% inflation target.

Kiplinger · Aug 25, 2023