TruMix Advisors’ Post

Stocks edged higher in August as investors monitored economic reports for the Fed's next move with short-term interest rates #InterestRates #StockMarket #FederalReserve https://lnkd.in/eRCS6yBe

Stocks edged higher in August as investors monitored economic reports for the Fed's next move with short-term interest rates #InterestRates #StockMarket #FederalReserve https://lnkd.in/gDaaG2er

Stocks edged higher in August as investors monitored economic reports for the Fed's next move with short-term interest rates #InterestRates #StockMarket #FederalReserve https://lnkd.in/eiituXbE

Stocks edged higher in August as investors monitored economic reports for the Fed's next move with short-term interest rates #InterestRates #StockMarket #FederalReserve https://lnkd.in/eXe-cuwh

Stocks edged higher in August as investors monitored economic reports for the Fed's next move with short-term interest rates #InterestRates #StockMarket #FederalReserve https://lnkd.in/gERYSB-Y

Stocks edged higher in July as investors monitored economic reports for the Fed's next move with short-term interest rates #InterestRates #StockMarket #FederalReserve https://lnkd.in/e7eMV-Ns

Stock Market Modeling suggests that December's CPI and January's Fed FOMC events will not interfere with the forecast that Level 3 to Level 1 traders will accumulate stocks into late February to early March. Long-term traders will continue to buy stocks this year. Still targeting 5200s to 5400s for the SP500. Nasdaq may outperform. The Dow should hold its own relative to other major indices. Past Performance is not necessarily indicative of future results. Global equities are forecast to trend higher relative to major indices. The model excludes any negative impact from the January effect (five days) and the January barometer. The December 2021 forecast predicted a setback in the stock market and some economic indicators for 2022. The forecast also predicted a bull market year with economic growth for 2023 and 2024. Using the model, I forecast that the US would not see a recession during 2022-24. (I believe a recession will not occur until about 2030.) It is worth noting that economists' 2022-23 record included a significant miss on pro-recession calls.

📈 US Stocks Rally Following Fed's Decision to Hold Interest Rates Steady 📈 US stocks surged on Wednesday as investors responded to the Federal Reserve's decision to maintain current interest rates, coupled with a significant tech revival. - S&P 500 (^GSPC): Rose nearly 1.6% - Nasdaq Composite (^IXIC): Soared more than 2.6% - Dow Jones Industrial Average (^DJI): Increased by 0.2% Fed Chair Jerome Powell's comments fueled market optimism. He indicated that a rate cut in September "could be on the table," although he emphasized that no decisions have been made about future meetings. Powell acknowledged the economy is nearing the point where reducing the policy rate might be appropriate. This rally highlights investor confidence and the positive impact of the Fed's cautious approach to future rate changes. #StockMarket #FederalReserve #InterestRates #Investing #MarketRally #Nasdaq #SP500 #DowJones #Finance #Opportunites

📊 Weekly Market Update 📊 Stocks finished the last week of June and Q2 mixed as investors digested a fresh round of economic data: - 📉 The S&P 500 Index slipped 0.08% - 📉 The Dow Jones Industrial Average dipped 0.08% - 📈 The tech-heavy Nasdaq Composite gained 0.24% - 🌐 The MSCI EAFE Index, tracking developed overseas stock markets, rose 0.27% Federal Reserve officials continue to communicate that despite recent progress, inflation remains above the 2% target. - 💬 Fed Governor Michelle Bowman surprised the markets with her willingness to raise the federal funds rate if inflation stalls or reverses. - 📅 Fed Chair Powell, speaking on July 2, previously indicated that a rate hike is unlikely based on current data. 📈 Read more of this week's update ⬇️⬇️⬇️ #marketupdate #investing #finances #economy #health #wealth #happiness #Fed #FOMC