Ini bagus$SpaceX(SPCX)$ confirm go down
PCE In Line, Yet Long-End Yields Hold Firm — What Will Warsh Say Tomorrow Night?
July core PCE ran 3.3% y/y and 0.2% monthly, near expectations — but the long end still sets equity prices. Despite the Treasury's buyback expansion, the 10-year is back near 4.7% and the 30-year above 5.2%. Growth gets squeezed twice: yields compress future earnings, and fiscal financing competes with cloud data-center bonds for duration. Wednesday was paralysed — S&P 500 −0.02%, QQQ +0.09%, gold +0.75% — all waiting on Nvidia. Warsh keynotes Jackson Hole 10 p.m. Beijing August 28, on a payments theme aimed as much at crypto. Equities, gold, or bitcoin?
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