Investors look to jobs data to support rate-cut path, pricey stock market

Investors look to jobs data to support rate-cut path, pricey stock market
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Investors look to jobs data to support rate-cut path, pricey stock market
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Godfreys Group, the iconic retailer of vacuums that has been selling cleaners for almost 100 years, has collapsed into administration, with cost of living pressures and the challenging economic environment sucking out its profitability and causing its demise. The business had been owned by the Johnston family with former patriarch John Johnston a co-founder of…
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by Calculated Risk on 12/04/2024 08:00:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 220 thousand initial claims, up from 213 thousand last week. • Also at 8:30 AM: Trade Balance report…
The market is looking zesty, and it’s time to dive into the best setups for the week ahead. After a strong and sneaky close on Friday, there are plenty of opportunities brewing, and I’ve got the game plan to help you navigate the action. In this post, we’ll break down the key stocks to watch,…
The 10 wk average is now below the 30 week average for DIA, SPY, QQQ, IWM. This could mark the end of the 2 year up-trend that began in February, 2023. 10 wk avg (dotted line), 30 wk avg (red solid line) close (gray line). Screenshot Share this: Email Facebook Twitter LinkedIn Print More…
by Calculated Risk on 11/29/2024 12:21:00 PM Due to the Thanksgiving calendar shift, the U.S. hotel industry reported higher year-over-year performance comparisons, according to CoStar’s latest data through 23 November. … 17-23 November 2024 (percentage change from comparable week in 2023): • Occupancy: 59.7% (+20.7%)• Average daily rate (ADR): US$150.49 (+8.6%)• Revenue per available room…