Monday, September 16, 2024

No one wants the new iPhone

And senators urge Powell to cut
 
   
     
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“The world does not give us very much now; it often seems to consist of nothing but noise and fear, and yet grass and trees still grow."

- Herman Hesse
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Markets Today
 
 
🌏 Asia-Pacific: Down
 
🇪🇺 Europe: Down

🇺🇸 United States: Down

🛢️ Oil: Up

Crypto: Down
​​​​
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Major Market Events 
 
 
Americans run out of savings: American savings are gone (link)
 
Senators urge Fed to cut 75 bps: Just another reason I don't think cuts are coming. Powell doesn't want to seem political (link)​
 
No one wants the new iPhone: Preorders come in way below expectations (link)
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🤔 My Thoughts 
 
 
Market Calendar this week:

Tuesday: Retail sales
Wednesday: FOMC interest rate decision
Thursday: Initial jobless claims & existing home sales
To Better Trading,

Alex Reid
Wealthpin
 
WealthPin
   
     
   
 

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