🇺🇸 Morning Economic Data:
*Retail Sales: Miss 🔴
*Core Retail Sales: In Line
*NY Fed Factory Index: Miss 🔴
Cracks are emerging in the economy. What will Jerome Powell do now?
$SPY
The Fed's FOMC meeting kicks off Tuesday.
No rate change expected, but all eyes are on Chair Powell’s take on inflation and Trump’s tariffs amid the stock market correction.
Volatility ahead?
🇨🇳 China Overnight Economic Data:
*Unemployment Rate: Miss 🔴
*Retail Sales: Beat 🟢
*Industrial Production: Beat 🟢
*Fixed Asset Investment: Beat 🟢
Despite recent support measures, China's economy is still in need of more stimulus.
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