Ahead of Jackson Hole this week, Atlanta Fed GDP Now for US real GDP in 3Q is at 5.8%...
Way ahead of Street consensus and with a clear acceleration since early August...
More often than not, stocks rise the week after Jackson Hole Will this year follow the pattern, or will it be one of the outlier years with a sell-off?
Source: Markets & Mayhem, Bloomberg
China’s central bank issues Sunday statement
They said that on Friday, China’s central bank and financial regulators met with bank executives and told lenders again to boost loans to support a recovery, adding to signs of heightened concern from policymakers about the deteriorating economic outlook. Authorities also urged for adjustments and an optimization of policies for home mortgages at the meeting on Friday, according to a statement from the People’s Bank of China on Sunday, without elaborating on the housing initiatives. China is expected to make the biggest cuts this year to two of its core lending rates as pressure mounts on policymakers and banks to reverse slowing momentum and revive flagging demand in the world’s second-biggest economy.
Major reserve currencies since 1250
by James Eagle
The young Warren Buffett with GEICO Analysis - a simple one-pager, so much powerful than an endless investment analysis
Source: The Investing for Beginners Podcast - IFB_podcast
Earnings season continues!
• Monday: $ZM. • Tuesday: $BIDU, $LOW, $MDT. • Wednesday: $ADSK, $NVDA, $SNOW, $SPLK. • Thursday: $AFRM, $INTU, $WDAY. Source: Earnings Whispers
Leadership
Source: Simon Sinek
48pct of global stocks are BELOW pre-covid levels
Source: BofA
