Inflation data, retail sales, Walmart earnings await a jumpy stock market: What to know this week

kwonjs77 (70)in #steem • 4 months ago

Summary

Certainly! Here are the key takeaways from the article:

Volatility on Wall Street: The stock market had a volatile week, with panic on Monday due to the unwinding of the yen carry trade[^1^][1]. However, markets course-corrected later in the week.
Interest Rate Debate: The focus shifted from when the Federal Reserve should start cutting rates to how much they should cut. Markets currently price in a 50% chance of a 50 basis point cut by September[^2^][2].
Economic Calendar: Upcoming reports on consumer sentiment, unemployment claims, and manufacturing production will provide fresh data for the rate debate[^3^][3].
Corporate Earnings: Earnings season continues, with Home Depot, Walmart, and Alibaba reporting[^4^][4].

Please note that this is a concise summary, and you can refer to the full article for more details. 📈📊

4 months ago in #steem by kwonjs77 (70)