BIG JOE GIVES THE 1%ers / HIGH-ROLLER$ BOTH BARRELS!!!!!!

[Phoenix68]

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Retail Sales SOLID / Jobless Claims FALL / S&P 500 Futures CLIMB!!!
October 17, 2024
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"Retail sales rose more than expected in September, but hurricanes have blown economic data off course, with new claims for jobless benefits slipping from nearly a three-year high last week in a temporary reprieve. After the data, the S&P 500 continued to point to a higher open, led by technology stocks, with Wall Street counting a Fed rate cut next month as all but certain."

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[Phoenix68]

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America’s Economy Just Achieved The RARE FEAT Of A SOFT LANDING!!!
October 30, 2024
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"The U.S. economy seems to have pulled off a remarkable and historic achievement. Yet with just days to go before the presidential election, the majority of voters say they remain displeased with the state of the economy.

Gross domestic product, which measures all the goods and services produced in the economy, expanded at an annualized rate of 2.8% in the third quarter, the Commerce Department said Wednesday. That’s a slightly weaker pace than the second quarter’s 3% rate and above the 2.6% rate economists projected in a FactSet poll. GDP is adjusted for seasonal swings and inflation.

That comes after the economy added a whopping 254,000 jobs in September, inflation is a whisper away from the Federal Reserve’s 2% target and consumer sentiment jumped this month by the fastest clip since March 2021, according to The Conference Board — all signs of a robust economy."

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[Phoenix68]

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October 31, 2024

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