"It’s about understanding the sea, knowing when a wave is coming, and being able to predict what it’s likely to do so I can get the shot" https://t.co/msY4cFYvWB
The #PCE price index rose 0.5% MoM in September 2026 and came in at 3.6% yoy. The core PCE price index (excluding food and energy) increased 0.3% MoM in September 2026 and came in at 3.1% yoy.
The Federal Reserve decided to maintain the target range for the federal funds rate at 3-3/4 to 4%, in support of the Federal Reserve’s dual mandate #Fed
The Conference Board #ConsumerConfidence Index® rose by 7.5 points to 91.7 (1985=100) in October, up from 84.2 in September (a slight upward revision).
Confidence has revived to June 2026 levels, driven primarily by improved views of current and expected business conditions.
U.S. retail and food services sales for September 2026 were $745.0 billion, up 0.8% from August 2026.
🛍️ https://t.co/1zDWdnUvR5
#CensusEconData#RetailSales
#PPI for final demand increased 1.3% MoM in September 2026 and came in at 6.3% yoy. The core PPI (less foods, energy, and trade services) for final demand rose 0.5% MoM and came in at 5.0% yoy in September 2026 #BLSdata
#CPI rose 0.6% MoM in September 2026 in the US and came in at 3.7% yoy, the core inflation (excluding food and energy) increased 0.3% MoM and came in at 2.6% yoy in September 2026
CNN Fear & Greed near extreme fear and AAII bears above 45% three weeks in a row for the first time since late March/early April.
All of this is happening with tech breaking out, some of the most bullish quarters out of the 4-year presidential cycle coming up, and the S&P 500 less than 1% from new highs.
“If you never let people experience the consequences of their actions towards you, you will forever remain a safe place for their worst behavior.” ~Unknown
The #PCE price index rose 0.3% MoM in August 2026 and came in at 3.4% yoy. The core PCE price index (excluding food and energy) increased 0.2% MoM in August 2026 and came in at 3.0% yoy
The Federal Reserve decided to raise the target range for the federal funds rate by 1/4 percentage point to 3-3/4 to 4 percent, in support of the Federal Reserve’s dual mandate #Fed