Weekly Market Commentary (8/29): Fed Outlook, GDP Surprise, and Market Resilience скачать в хорошем качестве

Weekly Market Commentary (8/29): Fed Outlook, GDP Surprise, and Market Resilience

This week’s Market Note with Alex Varner (Head of Research) and James Maxwell (VP of Research) covers: Inflation & Fed: Core PCE climbed to 2.9% YoY, (In-line with expectations), keeping markets focused on a likely September rate cut. Growth & Profits: Q2 GDP revised up to 3.3%; corporate profits rebounded with margins still elevated. Business Spending: Durable goods and core capital goods showed their strongest gains in years. Consumers: Spending and incomes outpaced inflation, with energy costs falling to a decade low share of budgets. Housing: Home prices declined for several months, hinting at improving affordability if mortgage rates ease. Click here to read this week's full Weekly Market Note: https://www.mainmgt.com/wp/wp-content...