🔸APPLE SHARES DROP 3% ON ANALYST’S IPHONE 16 DEMAND WARNING – $AAPL
Day: September 16, 2024
📰 🔸THE FED SHOULD GO BIG NOW AND I THINK IT WILL: BILL DUDLEY “A 50-basis-point cut would also fit well with the Fed officials next set of economic projections, which they will publish this week. Markets are expecting a total reduction of at least 100 basis points by the end of 2024. If the Fed does only 25 now and projects another 50 at its next two meetings this year, it will send a hawkish signal. If it does 25 and projects more than 50, people will wonder why it isn’t cutting more immediately. The larger cut thus helps the Fed get out of this predicament.”
🔸THE FED SHOULD GO BIG NOW AND I THINK IT WILL: BILL DUDLEY “A 50-basis-point cut…
📰 🔸INTEREST RATES ARE TOO HIGH. THE FED SHOULD CUT BY A HALF POINT – WSJ’S IP Greg Ip, the Chief Economics Commentator at The Wall Street Journal says the Fed should cut by 50bps.”The Fed doesn’t get to wait for perfect knowledge before acting. It always risks doing too much, or too little. The question is, which is worse? Cutting rates half a point isn’t riskless. Long-term Treasury bond yields are already lower than short-term rates a relationship called an inverted yield curve and could fall even further, pulling down mortgage rates. Stocks could turn frothy. That would stimulate spending.”
🔸INTEREST RATES ARE TOO HIGH. THE FED SHOULD CUT BY A HALF POINT – WSJ’S IP…
📰 🔸 CME FEDWATCH SHOWS 63% PROBABILITY BET ON 50BPS CUT, 37% FOR 25BPS AT SEPT 18 FED MEETING https://t.co/7WGMrBn7D6
🔸 CME FEDWATCH SHOWS 63% PROBABILITY BET ON 50BPS CUT, 37% FOR 25BPS AT SEPT 18…
📰 🔸 TRADERS SEE 50BP SEPTEMBER FED RATE CUT LIKELIER THAN 25BP
🔸 TRADERS SEE 50BP SEPTEMBER FED RATE CUT LIKELIER THAN 25BP
📰 🔸 S&P 500 FUTURES FLAT, NASDAQ FUTURES DOWN 0.4%, DOW FUTURES UP 0.2%
🔸 S&P 500 FUTURES FLAT, NASDAQ FUTURES DOWN 0.4%, DOW FUTURES UP 0.2%
📰 🔸 APPLE SHARES DECLINE ~2% PREMARKET FOLLOWING ANALYST KUO COMMENTS – $AAPL Apple Shares Decline ~2% Premarket Following Analyst Kuo Comments iPhone 16 first weekend pre-order analysis: estimated total sales of about 37 million units; Pro series demand lower than expected https://t.co/UVQBJkThbQ
🔸 APPLE SHARES DECLINE ~2% PREMARKET FOLLOWING ANALYST KUO COMMENTS – $AAPL Apple Shares Decline ~2%…
📰 🔸TRUMP-LINKED CRYPTO PROJECT TO LAUNCH MONDAY A crypto project backed by Republican presidential candidate Donald Trump and his two eldest sons is set to launch this evening. Trump is due to host a livestream on X Spaces, previously known as Twitter Spaces, for the launch of the World Liberty Financial project at 8 p.m. ET. “We are embracing the future with crypto and leaving the slow and outdated big banks behind,” Trump said last week in a video clip posted from his official https://t.co/fbQmLoKAHZ account.
🔸TRUMP-LINKED CRYPTO PROJECT TO LAUNCH MONDAY A crypto project backed by Republican presidential candidate Donald Trump…
📰 🔸 COVID-19 MAY LEAD TO LONGEST PERIOD OF PEACETIME EXCESS MORTALITY, SAYS NEW SWISS RE REPORT • Report suggests potential excess mortality in the general population of up to 3% for the US by 2033 and 2.5% in the UK, the longest period of elevated peacetime excess mortality in the US • Key driver of excess mortality is the lingering impact of COVID-19; both as a direct cause of death, and as a contributor to cardiovascular mortality
🔸 COVID-19 MAY LEAD TO LONGEST PERIOD OF PEACETIME EXCESS MORTALITY, SAYS NEW SWISS RE REPORT…