Editor of TKer.co | Chief evangelist of the stock market usually going up 📈
Sam Ro
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"I think financial markets perform best when they react to incoming data. I think the financial markets work less efficiently when they ask a question, 'How will the Federal Reserve react to that incoming information?'" - Warsh
I'm into it bsky.app/profile/tker...
"Overall, there are 12,840 ratings on stocks in the S&P 500. Of these ratings, 59.4% are Buy ratings, 35.7% are Hold ratings, and 4.9% are Sell ratings" @factset.com
That's a short FOMC statement
Does the stock market test new Fed chairs? 🏛️ www.tker.co/p/does-stock...
🏛️"...a new Fed Chair rarely dictates the market narrative. Instead, they often find themselves hostages to broader economic currents, whether positive or negative." - DB
if there's a better way, we should try to find it!
"... early trends suggest that young workers could adapt more flexibly than older workers to AI disruption by reorienting their skills toward areas of growing labor demand." - Goldman Sachs
Retail sales +0.9% in May
+3.4% gas stations
+1.5% online
+1.2% cars, parts
+1.0% furniture
+0.6% health, personal care
+0.3% clothes
+0.3% sporting, hobby, music, books
0.0% building mats, garden
0.0% grocery
-0.1% restaurants, bars
-0.3% dept stores
-0.5% electronics
