The S&P 500 is currently on pace for back-to-back years with a total return above 20%.
The last time that happened: 1998-1999. $SPX Source: Charlie Bilello
US Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show - CNBC
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace, according to minutes from the November meeting released Tuesday. The meeting summary contained multiple statements indicating that officials are comfortable with the pace of inflation, even though by most measures it remains above the Fed’s 2% goal. With that in mind, and with conviction that the jobs picture is still fairly solid, Federal Open Market Committee members indicated that further rate cuts likely will happen, though they did not specify when and to what degree.
What happened to the Titanic now seems very clear...
Source: @AutismCapital on X
The S&P 500 has gained over $10 trillion in value this year.
Source: Brew Markets
BREAKING: S&P 500 buybacks jumped 35% in Q2 2024 to $236 billion, near the all-time record.
Furthermore, a massive 52% of stock repurchases were conducted by the index's top 20 firms. This compares to a long-term average of 48% and pre-pandemic average of 45%. Apple, $AAPL, Alphabet, $GOOGL, Meta, $META, and Nvidia, $NVDA ALONE back $63 billion of stock. The Information Technology sector saw $68 billion of repurchases while Financials and Communication Services saw $45 billion and $35 billion, respectively. Buybacks are fueling the stock market rally. Source: The Kobeissi Letter
Speculative growth stocks relative higher quality growth are breaking out
Source: J-C Parets
Options traders are betting 10-Year Treasury Yields could rise as high as 4.9% in the coming months
Source: Barchart, Bloomberg
No one can predict the future so just S&P 500 and chill...
Source: Dividend Talks on YouTube
