Vincent Raja
08-26

Hopefully th issue resolved.

Rate-Hike Bets Near 90% — Can U.S. Equities Weather This Week's Decision?
Stocks bounced Friday: QQQ +0.87% to $714.88, SPY +0.85%, bitcoin +0.17% at $77,401. Odds of a 25bp hike are near 90% into the Fed's 2 a.m. Beijing decision on Sept 17. August CPI ran 3.4% YoY, in line, but 0.4% MoM was the hottest since June, gasoline +3.9%, a third of goods inflation; core slipped to 2.4%, a third straight decline, lowest since April 2021. Goldman flipped to a hike; JPMorgan sees September and December. At 90% the decision is the other shoe. But if rates keep climbing, AI multiples stop expanding and cash flow does the sorting. AI leaders on earnings, or gold and bitcoin?
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