The stock market

[longcast]

US economy adds 303,000 jobs, unemployment falls to 3.8% in March as labor market continues to impress

The latest update on the labor market showed further signs of resilience while wage growth eased.

finance.yahoo.com

I will look around for the breakdown of what sectors show this increase.

Don't let political pressure force the decrease in rates!

 

[longcast]

Stock Futures Bounce After Slide as Jobs in Focus: Markets Wrap

(Bloomberg) -- Stock futures rose and bonds fell as traders awaited key jobs figures for clues on the Federal Reserve’s next steps.Most Read from BloombergTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionSaudi Crown Prince MBS’s $100 Billion Foreign Investment Quest FaltersS&P 500...

finance.yahoo.com

 

[longcast]

Oil Holds Above $90 After Middle East Tensions Push Brent Higher

(Bloomberg) -- Oil held onto Thursday’s large jump as escalating tensions in the Middle East catapulted prices past the $90-a-barrel threshold.Most Read from BloombergTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionSaudi Crown Prince MBS’s $100 Billion Foreign Investment Quest...

finance.yahoo.com

 

[longcast]

The Fed’s decision on rates isn’t getting any easier

Investors are increasingly uncertain about what the Federal Reserve plans to do this year as they absorb hot economic data and mixed commentary from some central bank officials.

finance.yahoo.com

Still saying no rate cute in June.

Starting to think end of year. After the election. It will test the fortitude of Powell.

 

[longcast]

JPMorgan’s Jamie Dimon is worried about ‘stickier inflation and higher rates’

JPMorgan Chase CEO Jamie Dimon used a 61-page shareholder letter to sound off on everything from inflation and bank regulators to global risks and management lessons.

finance.yahoo.com

 

[longcast]

Stock market today: US futures stall as focus turns to big week ahead

Investors regrouped for a packed week with a fresh inflation data test for rate-cut views and the start of first-quarter earnings season.

finance.yahoo.com

 

[longcast]

Doctors Making $350,000 Are Struggling to Find Long Island Homes

(Bloomberg) -- Paul Connor has plenty of hurdles when it comes to helping run Stony Brook’s Eastern Long Island Hospital. Most Read from BloombergTrumpism Is Emptying ChurchesRBC Fires CFO Ahn After Probe Into Personal RelationshipThe Odds of $100 Oil Are Rising as Supply Shocks Convulse the...

finance.yahoo.com

Good read.

 

[wader]

The S&P 500 Just Did Something It Has Only Done 11 Times Before. The Stock Market Usually Does This Next.

The S&P 500 climbed more than 10% during the first quarter, something it has only done 11 times before.

www.yahoo.com

 

[longcast]

Stock market today: US futures in holding pattern in wait for CPI

Investors are biding their time until the key March CPI inflation report lands as they wrestle with uncertainty around interest rates.

finance.yahoo.com

 

[longcast]

Stock market today: US stocks turn lower ahead of CPI inflation data

Investors are biding their time until the key March CPI inflation report lands as they wrestle with uncertainty around interest rates.

finance.yahoo.com

 

[longcast]

Boeing deliveries drop by half in March due to increased quality checks

Boeing said on Tuesday it had delivered 29 airplanes in March, down more than half from the 64 delivered in the same month a year ago, as 737 MAX production slipped on increased quality checks and audits by regulators. Boeing has said it is producing fewer MAX single-aisle jets to improve...

finance.yahoo.com

 

[wader]

Way to go guys.....................

Let's keep it up. Stock up 1.68% today. The little engine that could..........................

U.S. Space Force Awards Rocket Lab Launch Contract for Space Test Program (STP)-S30

COLORADO SPRINGS, Colo., April 08, 2024--Rocket Lab has been awarded a $14.49 million task order by the U.S. Space Force to launch an Electron mission from Launch Complex 2 in Virginia.

finance.yahoo.com

 

[Snapprhead27]

Way to go guys.....................

Let's keep it up. Stock up 1.68% today. The little engine that could..........................

U.S. Space Force Awards Rocket Lab Launch Contract for Space Test Program (STP)-S30

COLORADO SPRINGS, Colo., April 08, 2024--Rocket Lab has been awarded a $14.49 million task order by the U.S. Space Force to launch an Electron mission from Launch Complex 2 in Virginia.

finance.yahoo.com

I got shares of it also

 

[longcast]

Inflation comes in hotter than expected in March

March's CPI report is one of the most important data points the Federal Reserve will consider in its next interest rate decision.

finance.yahoo.com

The inflation report, set for release at 8:30 a.m. ET, is expected to show headline inflation of 3.4%, an acceleration from February's 3.2% annual gain in prices, according to estimates from Bloomberg. Higher energy costs, fueled by a jump in gas prices, are expected to have driven the increase.

Investors now anticipate just two and a half 25-basis-point cuts this year, down from the six cuts expected at the start of the year, according to Bloomberg data. Atlanta Fed president Raphael Bostic sees one rate cut in in 2024, but isn't ruling out the possibility of two or zero, he told Yahoo Finance on Tuesday.


Leave the rates alone.

 

[longcast]

US mortgage rates top 7% again, weakening demand for homes

US rates last week rose above 7% for the first time in a month, while home purchase applications fell by the most since mid-February.

finance.yahoo.com

 

[longcast]

CPI Inflation Rate Stays Hot, Dimming Rate-Cut Hopes

The report may have a big impact on the Fed rate-cut outlook.

www.investors.com

After the CPI inflation data, markets were pricing in 21% odds of a Fed rate cut by June 12, down from 54% ahead of the report.


Bidenomics firing on all cylinders!

 

[longcast]

Stock market today: Stocks sink as hot inflation torpedoes rate-cut hopes

Stocks slid, and bond yields soared on Wednesday after inflation data came in hotter than expected.

finance.yahoo.com

 

[longcast]

Why the Fed risks relearning the painful inflation lessons of the 1970s

The Fed is aiming to avoid a repeat of the double inflation episode that rocked the 1970s and early 1980s.

finance.yahoo.com

 

[longcast]

Wholesale inflation jumps to highest level since April 2023

The Labor Department on Thursday released the closely watched producer price index data, revealing just how hot wholesale inflation ran last month.

www.foxbusiness.com

 

[longcast]

Samsung overtakes Apple for top phonemaker spot: report

Samsung has overtaken Apple as the world's top phonemaker during the first quarter of 2024 as the latter's shipments have dropped around 10%, a report says.

www.foxbusiness.com