Good MorningEquity markets were relatively unchanged on Thursday as traders digested the previous day's news. The shift in FOMC policy is promising but may not be the great news equity markets seek. While the Fed has signaled the peak of interest rates and oncoming cuts, the news is already spurring demand for homes and energy, raising the possibility inflation will accelerate again. The rate on the 10-year treasury fell to the lowest level since July during the session, indicating a significant decline in mortgage rates, while the price of oil surged more than 3.5% at the session's peak on demand hope.
The S&P 500 is still in rally mode and will likely end the year higher than it is now. The caution for traders is that the index remains below the all-time high and may be unable to cross the threshold to a new all-time high without another catalyst to drive it. The next significant catalyst is the PCE price index due on December 22nd, just in time to usher in the Santa Claus Rally if it confirms cooling inflation. Featured: WARNING: Mandatory U.S. Dollar Recall to Begin on December 13th? (Legacy Research) 
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Healthcare | | | Healthcare is one of the largest and fastest-growing sectors in the global economy, with many opportunities for investors. From breakthrough treatments to innovative technologies, healthcare companies are at the forefront of innovation and poised for growth in the years ahead. For those loo... Read the Full Story >> |
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Stocks | | | The United States healthcare system includes two sectors: public endeavors like Medicare and Medicaid and private health insurance companies. Healthcare stocks represent a significant section of the U.S. economy, with many medical companies included in indexes like the S&P 500. But which medic... Read the Full Story >> |
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Markets | | | Specialty retail stores are unique consumer stores that cater to a particular niche or carry only a select group of products. In a market of constantly changing consumer trends and buying habits, some investors are looking to specialty retailing outlets and their loyal customer bases as a source of ... Read the Full Story >> |
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Markets | | | Some swear the market is about to go on a tearing rally and stay in a bull market for the foreseeable future; others say that the Federal Reserve is only entertaining rate cuts, preparing to cushion some economic crash soon. While nobody other than Warren Buffett holds a crystal ball, there... Read the Full Story >> |
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Markets | | | Wall Street drifted through mixed trading on Friday to put a quiet end to another rocking week.The S&P 500 finished nearly unchanged for the day, down 0.36, or less than 0.1%, at 4,719.19. But it's still hanging within 1.6% of its all-time high set early last year, and it closed out a seventh st... Read the Full Story >> |
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Markets | | | A donor-advised fund devoted to supporting the United Nations Sustainable Development Goals has leapt from being a relatively minor charity to one with an asset size comparable to behemoths like the Andrew W Read the Full Story >> |
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Markets | | | The painful economic steps that Argentina's new president, Javier Milei, announced this week sound draconian: Slashing the currency's value in half. Reducing aid to provincial governments. Suspending public works. Cutting subsidies for gas and electricity. Raising some taxes. Yet the South American ... Read the Full Story >> |
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Markets | | | The Congressional Budget Office says it expects inflation to nearly hit the Federal Reserve's 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years Read the Full Story >> |
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Markets | | | The European Central Bank kept its key interest rate at a record high Thursday and said it will leave it there as long as needed to battle back inflation, signaling that cuts are not around the corner despite expectations it will act next year to support the shrinking economy.It follows similar deci... Read the Full Story >> |
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Markets | | | Lennar Corporation (NYSE: LEN) share prices pulled back following the Q4 release, but this is a classic buy-the-dip opportunity. The strong results relative to the consensus figure were not unexpected in light of the recent run-up in share prices. The company's stock has increased... Read the Full Story >> |
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