Risk rally, soft inflation data, buybacks: Market Takeaways

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 88 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 53%
  • Publisher: 63%

US Bureau Of Labor Statistics News

Inflation Report,Producer Price Index,Jared Blikre

Major market indexes (^DJI, ^IXIC, ^GSPC) closed Tuesday in the green following a softer-than-expected inflation report in the form of July's Producer Price ...

) closed Tuesday in the green following a softer-than-expected inflation report in the form of July's Producer Price Index , which has fueled investor optimism about potential Federal Reserve interest rate cuts. The US Bureau of Labor Statistics is scheduled to report the Consumer Price Index for the month of July tomorrow morning.

So it doesn't that we have to be in that same situation, but we could be and take a look at the vics.Rarely does it come down this quickly though?Story continuesUh but I, I think, you know, that was just kind of an outlier.Uh This is gonna have to do with today's Global Fund Manager survey.This is uh last month and this is half a trillion dollars worth of money managers here.It's higher than January of 08, higher than November of 08.

Authorizations are ticking higher and uh they're actually getting close to $1 trillion in new a organizations.And this is what they're seeing.The purple line is average, the blue line uh or the blue bars are median and here we are in August and this is the peak, this is the highest we're supposed to see for the year, except for January, that's when we see a lot of flows too, but this should be a bullish time of year.

And so if they think that their stock price has fallen enough to be attractive and they've got a big buyback authorization sitting there, then they can step into the market and sort of support the stock.It's just very, it's just very bullish when we see these kinds of things.The risk is that going into these, going into September, October, when these windows close, we don't have those tail winds so they're going to figure out a new catalyst.

Phoenix broke the record for consecutive days of triple-digit temperatures on Monday. The record is likely to be shattered again very soon.Thailand's Constitutional Court will on Wednesday decide the fate of Prime Minister Srettha Thavisin, in a ruling that could see him dismissed after less than a year in office and plunge the country into deeper political uncertainty.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Risk momentum, liquidity loss, yen trade: Market TakeawaysStocks (^DJI, ^IXIC, ^GSPC) closed mixed on Monday as Wall Street prepares for a week packed with economic data releases and corporate earnings reports...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Risk rebounds, Japanese yen, and bitcoin: Market TakeawaysWall Street was rocked on Monday as US equities (^GSPC, ^DJI, ^IXIC) were in a free fall, finding some relief and eventually staging a bounce back on Tuesday...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Tech revival, Fed rates, Mag 7 earnings: Market TakeawaysAll three of the US market averages (^DJI, ^IXIC, ^GSPC) ended Thursday higher, the Nasdaq Composite in particular taking off by leaps and bounds as tech...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Small-cap trade, Nvidia vs. copper, bitcoin: Market takeawaysStocks (^DJI, ^IXIC, ^GSPC) are in focus with 171 S&P 500 companies prepare to report earnings this week, with investors particularly focused on Big Tech...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Small-cap rotation, watch the yen surge: Market takeawaysThe major indexes (^DJI, ^IXIC, ^GSPC) closed mixed Thursday as they try to recover from a three-day tech sell-off. This downturn was triggered by...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Global debt, market takeaways, CrowdStrike: Asking for a TrendToday's episode of Asking for a Trend, hosted by Josh Lipton, delves into global debt concerns, market movements, and the recent CrowdStrike (CRWD) update...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »