US private sector jobs fell by 32,000 in September, the second straight month of job losses. This is the first time we've seen that since the 2020 recession and all but guarantees another Fed rate cut on October 29.
The Fed’s preferred measure of inflation (Core PCE) moved up to 2.9% in August, the highest level since February & 0.9% above their inflation target of 2%.
But the market is expecting the Fed to cut rates again in October. Current odds: 100%.
Video: https://t.co/y2t7rfIJoC
Donna Morris, the Chief People Officer at Walmart said (quote) "employees who show initiative, take on more work when needed, and ask for help early when facing challenges are often viewed positively"
https://t.co/KfDjhtUVKa
Buying a Tesla is becoming more and more affordable with each passing month. The average price of a used Tesla has moved down to a record low of $28,662. That's 58% below the peak price from July 2022. $TSLA
https://t.co/l5IYmkeySJ
If you invested $10,000 in the S&P 500 10 years ago, you would have $31,951 today.
20 years - $71,026
30 years - $188,330
40 years - $744,954
50 years - $2,503,038
Compounding is magic. Start as early as you can.
One-year ahead inflation expectations rose to 5% in the Michigan survey, the third straight month of an unusually large rise of 0.5 pp or more.
Five-year ahead expectations rose to 4.1% from 3.9% in the preliminary survey and 3.5% in February
https://t.co/crQL4DjRRU
Japan's 10-year government bond yield has moved up to 1.52%, its highest level since 2009. Japan's inflation rate of 4% over the past 12 months is close to a 45-year high.
https://t.co/l5IYmkeySJ