S&P 500 OPENS 4.2% LOWER, NASDAQ DROPS 6.3%
Day: August 5, 2024
📰 MICROSOFT DOWN 4.6%, ALPHABET DOWN 6%, TESLA DOWN 12%, META PLATFORMS DOWN 6.8%, AMAZON DOWN 8.3%
MICROSOFT DOWN 4.6%, ALPHABET DOWN 6%, TESLA DOWN 12%, META PLATFORMS DOWN 6.8%, AMAZON DOWN 8.3%
📰 GOLDMAN SACHS RAISES RECESSION ODDS Goldman Sachs increases the 12-month recession odds by 10pp to 25%, but says it continues to see “recession risk as limited,” saying U.S. data look fine overall. The Goldman economic team says in a note that Fed Chair Powell emphasized last… https://t.co/aK7lAfQnaG
GOLDMAN SACHS RAISES RECESSION ODDS Goldman Sachs increases the 12-month recession odds by 10pp to 25%,…
📰 BITCOIN FALLS BELOW $50,000 FOR FIRST TIME SINCE FEBRUARY, LAST DOWN 15% AT $50,043
BITCOIN FALLS BELOW $50,000 FOR FIRST TIME SINCE FEBRUARY, LAST DOWN 15% AT $50,043
📰 FED’S GOOLSBEE: IF ECONOMY DETERIORATES, THE FED WILL FIX IT
FED’S GOOLSBEE: IF ECONOMY DETERIORATES, THE FED WILL FIX IT
📰 FED EMERGENCY RATE CUT IN 2024? Traders on polymarket are predicting a 55% chance that the FED will need to start cutting rates aggressively! https://t.co/Oc2pWGUhvV https://t.co/vDZBArHDPn
FED EMERGENCY RATE CUT IN 2024? Traders on polymarket are predicting a 55% chance that the…
📰 GOOLSBEE: ASKED ABOUT AN EMERGENCY CUT, SAYS EVERYTHING IS ALWAYS ON THE TABLE INCLUDING RAISES AND CUTS
GOOLSBEE: ASKED ABOUT AN EMERGENCY CUT, SAYS EVERYTHING IS ALWAYS ON THE TABLE INCLUDING RAISES AND…
📰 U.S. STOCK INDEX FUTURES EXTEND DECLINES, NASDAQ 100 FUTURES LAST DOWN 6%
U.S. STOCK INDEX FUTURES EXTEND DECLINES, NASDAQ 100 FUTURES LAST DOWN 6%
📰 FED’S GOOLSBEE: FED DOES NEED TO BE FORWARD LOOKING IN MAKING DECISIONS
FED’S GOOLSBEE: FED DOES NEED TO BE FORWARD LOOKING IN MAKING DECISIONS
📰 FED’S GOOLSBEE: JOBS NUMBER WERE WEAKER THAN EXPECTED BUT NOT LOOKING YET LIKE RECESSION
FED’S GOOLSBEE: JOBS NUMBER WERE WEAKER THAN EXPECTED BUT NOT LOOKING YET LIKE RECESSION