If You’re Nodding Your Head – We Need To “Talk”

A Market Rebound That Puts Economic Critics on Notice If You're Nodding Your Head – We Need To "Talk" If you believe that safely and consistently increasing your wealth will not only boost your confidence but also positively impact your wellbeing… If you share the feeling that desperately trying to prove how much money you have is a sign of weakness (and mildly annoying too)… and ultimately slams the breaks on your wealth-building efforts… If you're open to embracing an honest approach to investing – one whose foundation is rooted in the idea that the best defense is a potent offense… Then you'll love what you see when you click here. A Market Rebound That Puts Economic Critics on Notice By John Persinos   Over the past week, markets have bounced back from the previous sharp downturn, with the S&P 500 surging over 6.5% since its August 5 lows, and the tech-centric NADSDAQ climbing more than 8%. Two main factors are driving this renewed positive sentiment. First, inflation continues to cool, with both the consumer price index (CPI) and producer price index (PPI) for July coming in below expectations. Second, economic indicators remain strong, with retail sales and jobless claims exceeding forecasts. These trends suggest that while the U.S. economy may be slowing, it is not on the brink of a significant downturn or recession. During this heated election season, political demagogues warning of a market crash and economic depression may want to revise their campaign playbook. It's a losing campaign strategy. All signs point to an interest rate cut by the Federal Reserve at its forthcoming September 17-18 Federal Open Market Committee (FOMC) meeting. The Jackson Hole Symposium (August 22-24) also will be closely monitored. Fed Chair Jerome Powell and his team will probably use this event to signal a rate reduction. After a series of concerning inflation reports in the first quarter of the year, inflation metrics have started to decline, surprising on the downside. Last week's data continued this trend, with both PPI and CPI inflation coming in below expectations for July. The headline CPI is now at its lowest point this year, while headline PPI inflation was recorded at 2.2% annually, slightly below the forecast of 2.3%. Similarly, headline CPI inflation came in at 2.9%, just under the expected 3.0%. Read More... A rare opportunity to legally collect more cash If you're over the age of 18, you're eligible to collect up to $2,105 a month in bonus cash. That's not an exaggeration. My research proves that every single person who ever joined forces with the company I'd like to show you today had the chance to receive a payout. Get all the details here. You are receiving this email at its028@gmail.com  as part of your subscription to Investing Daily. To ensure delivery directly to your inbox, please add postoffice@investingdaily.com to your address book today. Terms   |   Privacy   |  Unsubscribe   |   About Us    ©2024  Investing Daily 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.