3 things investors need to know this week!
Welcome to our newsletter. Each week, we’ll share the top 3 things any investor needs?to know to help them stay on top of things!
Retail Traders Embrace Market Turbulence With Bets on Volatility: Volatility is coming for US stocks. And for a certain kind of amateur trader, nothing could be more exciting.
The world’s largest economy is in an unusual position. A tight presidential election comes as the Federal Reserve cuts interest rates for the first time in four years. There is no Wall Street consensus over the future of this year’s tech-driven stock rally or the likelihood of a recession.
Consumer price increases in September come in slightly hotter than estimates: A closely watched report on US inflation showed consumer price increases ticked lower on an annual basis during the month of September but "core" prices remained sticky, according to the latest data from the Bureau of Labor Statistics released Thursday morning.
The Consumer Price Index (CPI) increased 2.4% over the prior year in September, a slight deceleration compared to August's 2.5% annual gain in prices. The yearly increase, which was the lowest annual headline reading since Feb. 2021, came in hotter than economist expectations of a 2.3% annual increase.
China Says Major Disagreements Remain With EU Over EV Tariffs: China urged the European Union not to conduct price negotiations with individual electric vehicle manufacturers, as eight rounds of negotiations in Brussels failed to result in an agreement over planned tariffs by the bloc.
The EU voted on Oct. 4 to boost tariffs on EVs from China to as high as 45%, arguing that Beijing provides unfair subsidies to its carmakers. China denies that claim and has threatened its tariffs on European dairy, brandy, pork, and automobile sectors.
React Developer
5 个月Great updates, exactly what I needed to catch up!