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2024
December
13
📰 PELOSI SUFFERED AN INJURY AND WAS ADMITTED TO HOSPITAL IN LUXEMBOURG -STATEMENT

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📰 PELOSI SUFFERED AN INJURY AND WAS ADMITTED TO HOSPITAL IN LUXEMBOURG -STATEMENT

December 13, 2024

PELOSI SUFFERED AN INJURY AND WAS ADMITTED TO HOSPITAL IN LUXEMBOURG -STATEMENT

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📰 $MSTR – MICROSTRATEGY COULD BE INVITED TO JOIN NASDAQ-100 TODAY Crypto investors are watching whether MicroStrategy gets added to the Nasdaq-100 today, in what would be a milestone for the software company that has transformed itself into a bitcoin-buying machine. Nasdaq is set to unveil new constituents for the index at 8 p.m. ET. Being included in the index could benefit MicroStrategy because exchange-traded funds that track the Nasdaq-100 must buy its shares. There are more than $350 billion of assets under management in such ETFs.

📰 FED OFFICIALS EXPECTED TO PENCIL IN THREE CUTS IN 2025 Fed officials are likely to forecast three interest rate cuts in 2025, Bank of America economists write. Wednesday’s meeting includes an economic projections update. BofA sides with markets, forecasting a 25-basis point cut and a pause in January. The economists expect the Fed to forecast “slightly stronger inflation next year and higher longer run growth.” They add: “Policymakers won’t account for the Trump agenda in their base case, but the balance of risks should give a sense of their assessment of potential policy changes.” Meanwhile, BofA expects November PCE inflation data to “leave us less worried about the recent trajectory of inflation.”

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