From 9d29fb0c9f4b9b0d1f4a5fc4e838fae36b9cc393 Mon Sep 17 00:00:00 2001 From: nic Date: Sat, 17 Aug 2024 15:10:02 -0400 Subject: Auto from nzxt - Sat 17 Aug 2024 03:10:02 PM EDT --- Finance/Current.md | 3 +++ 1 file changed, 3 insertions(+) (limited to 'Finance/Current.md') diff --git a/Finance/Current.md b/Finance/Current.md index dc5593e..d41ae7f 100644 --- a/Finance/Current.md +++ b/Finance/Current.md @@ -22,6 +22,9 @@ Service PMI employement came in at 46.1 confirming a 5 month contraction that is - As corporate revenues get under pressure, volume & unit sales protection will superseede any other consideration (at top line) & margin protection will super seede at bottom line. Will lead to short period of defalation in goods and services. If labor weakness added to the mix people will pile into rates quickly. - existing home for sale above 21,22,23 lvls - PAYX/SPY ratio +- the uncertainty of US election will lead to higher vol +- record low stock beating SPY +- both candidates bad for bonds OCT 23 Rally started after Yellen QRA* issued 50B less bonds than the market expected topped at the start of april 24 with spy @ 525 5% correction in april with low @ 493, triggered by hot CPI and now 15 of may new ATH -- cgit v1.2.3