Will Inflation Rise Like In 1970?

🇺🇸 🇺🇸 Will the “Fed pivot” that we got last week trigger a 1970s style return of inflation? It seems that risks of another spike in inflation are risking, driven by higher prices on housing, labor, services and goods. In the chart above, it’s clear that inflation is following the same exact path seen in the 1970s
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Spot Gold Trades At Session Highs

🚨 🚨 BREAKING: Spot Gold Trades At Session Highs Above $2040
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Alibaba Dumps XPeng Shares

🇨🇳 🇨🇳 BREAKING: Alibaba sells 25M XPeng ADS worth over $350M
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US GDP Weakens; Stocks Fly

🇺🇸 🇺🇸 This Is Why Stocks Are Flying: US Q3 2023 GDP (third reading) +4.9% vs +5.2% expected
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Equity Futures Jump

🚨 🚨 US dollar falls, equity futures jump after US data slate
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Dollar Index Trades At Session Lows

💵 💵 BREAKING: Dollar Index (DXY) Trades At Session Lows
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Fujitsu Turns To AI

🇯🇵 🇯🇵 Fujitsu Ltd. aims to jumpstart stalled negotiations to sell a $730 million stake in its air-conditioning business, a deal that may help propel its expansion into a hot nascent market for AI services
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Angola Leaves OPEC

🇦🇴 🇦🇴 Angola announces withdrawal from OPEC
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Tesla: Retail Investors Are Buying

🚗 🚘 Retail investors are putting more money than ever into Tesla. Vanda Research says the stock is on pace to attract the largest flow of individual investor dollars of any security this year
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