To The Moon

A day after both stocks and bonds got a huge “boost” from cooling core inflation data, it was a quieter session in markets, the day after. Declines in technology stocks dragged on major indexes Thursday, and Treasury yields dropped for the 3rd straight session. Despite gains in 8 of 11 sectors, US market still closed broadly lower at 4pm: (see above) DJIA: -0.16% (-68.42 TO 43,153.13). S&P 500: -0.21% (-12.57 TO 5,937.34). Nasdaq: -0.89% (-172.94 to 19,338.29). A quick glance at the Mag 7 reaffirms these bigwigs’ fall on Thursday. $Apple(AAPL)$ : -4.04% (-$9.61 to $228.26). $Tesla Motors(TSLA)$ : -3.36% (-$14.40 to $413.82). $NVIDIA(NVDA)$ : -1.92% (-$2.62 to $133.62).

A day after both stocks and bonds got a huge “boost” from cooling core inflation data, it was a quieter session in markets, the day after. Declines in technology stocks dragged on major indexes Thursday, and Treasury yields dropped for the 3rd straight session. Despite gains in 8 of 11 sectors, US market still closed broadly lower at 4pm: (see above) DJIA: -0.16% (-68.42 TO 43,153.13). S&P 500: -0.21% (-12.57 TO 5,937.34). Nasdaq: -0.89% (-172.94 to 19,338.29). A quick glance at the Mag 7 reaffirms these bigwigs’ fall on Thursday. $Apple(AAPL)$ : -4.04% (-$9.61 to $228.26). $Tesla Motors(TSLA)$ : -3.36% (-$14.40 to $413.82). $NVIDIA(NVDA)$ : -1.92% (-$2.62 to $133.62).

December Inflation. The December 2024 US Consumer Price Index (CPI) and Core CPI data were finally out. Below is a quick recap. Headline Inflation. MoM: came in at 0.4% vs analysts’ forecast of 0.4% vs November’s data of 0.3%. YoY: came in at 2.9% vs analysts’ forecast of 2.9% vs November’s data of 2.7%. Both headline inflation numbers increased by +0.1% and +0.2% respectively. Core Inflation. MoM: was 0.2% vs analysts’ forecast of 0.3% vs November’s data of 0.3%. YoY: was 3.2% vs analysts’ forecast of 3.3% vs November’s data of 3.3%. Conversely, both core inflation numbers decreased by the same -0.1% quantum respectively. Above is how the consumer price indexes have evolved over the past 4 years. It is still quite far off from the 2% Fed’s target. US Market - 15 Jan 2024. Stocks surged We

December Inflation. The December 2024 US Consumer Price Index (CPI) and Core CPI data were finally out. Below is a quick recap. Headline Inflation. MoM: came in at 0.4% vs analysts’ forecast of 0.4% vs November’s data of 0.3%. YoY: came in at 2.9% vs analysts’ forecast of 2.9% vs November’s data of 2.7%. Both headline inflation numbers increased by +0.1% and +0.2% respectively. Core Inflation. MoM: was 0.2% vs analysts’ forecast of 0.3% vs November’s data of 0.3%. YoY: was 3.2% vs analysts’ forecast of 3.3% vs November’s data of 3.3%. Conversely, both core inflation numbers decreased by the same -0.1% quantum respectively. Above is how the consumer price indexes have evolved over the past 4 years. It is still quite far off from the 2% Fed’s target. US Market - 15 Jan 2024. Stocks surged We

December Inflation. The December 2024 US Consumer Price Index (CPI) and Core CPI data were finally out. Below is a quick recap. Headline Inflation. MoM: came in at 0.4% vs analysts’ forecast of 0.4% vs November’s data of 0.3%. YoY: came in at 2.9% vs analysts’ forecast of 2.9% vs November’s data of 2.7%. Both headline inflation numbers increased by +0.1% and +0.2% respectively. Core Inflation. MoM: was 0.2% vs analysts’ forecast of 0.3% vs November’s data of 0.3%. YoY: was 3.2% vs analysts’ forecast of 3.3% vs November’s data of 3.3%. Conversely, both core inflation numbers decreased by the same -0.1% quantum respectively. Above is how the consumer price indexes have evolved over the past 4 years. It is still quite far off from the 2% Fed’s target. US Market - 15 Jan 2024. Stocks surged We

US Producer inflation (reported by the Labor Department) rose less than expected in December 2024, as higher costs for goods were partially offset by stable services prices. According to the report, a surge in energy costs was the culprit behind the monthly increase. Wholesale energy prices rose +3.5% for the month (fueled by a 9.7% jump in gas prices) driving goods prices and overall index higher. The latest data, shows that US inflation remained on a see-saw trend with progress stalled in recent months. The moderation reported in producer prices on Tue, 14 Jan 2025, did not change overall consensus, that the Fed is unlikely to cut interest rates before H2 2025, based on: Resilient labour market (as confirmed by Fri, 10 Jan 2025 - US non-farm payroll report on ). High threat of potentiall