Michael Galindo@Miyckoal
Private investor, politics & business leader Joined September 2019-
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If time is money, trust is gold. @MeyersPrinting trib.al/KAR9Ae4
As long as you accept less, you cannot have more. Aim high. Be outstanding. Change your stars. ♥️ #Change #SaturdayVibes
Today’s Daily Cartoon, by P. C. Vey. #NewYorkerCartoons nyer.cm/IEeY4iR
Friday at last: Equity futures higher, dollar higher and treasury yields lower. No major economic releases due out today. Good day to take a break after a busy week. Enjoy.
Massive jump in 6-month new orders forecast in @philadelphiafed Manufacturing Index per March update … now up to highest since June 2021
❦Peace and beauty on the inside are the forces that sustain us when life makes waves. ~Anne Scottlin #goodmorning #quotes #author #beauty #peace #LiveForJoy #book amzn.to/3rvsOTg
Eileen O’Neill Burke’s thin lead in the Democratic race for Cook County state’s attorney narrowed slightly Friday as Chicago election officials began counting mail-in ballots, but it may be the weekend or later before all votes are tallied. trib.al/lTMphmG
A record amount of money has flooded into US corporate bond markets this year. Inflows into credit funds have reached $22.8bn so far in 2024, the first positive start to a year since 2019. ft.com/content/47b152…
Self-Esteem begins and ends with you. The more you know about yourself, the less moved you'll be by the opinions of others. - B. Dilley
.. #cash heavy ., this #week … #market #performance #stockmarket #gains
Leverage expert insights to elevate your business vision. on.inc.com/O5zoTNX
February PPI #inflation +1.6% year/year vs. +1.2% est. & +1% prior; core PPI +2% vs. +1.9% est. & +2% in prior month
Spreads on US high-yield bonds have shrunk to the lowest since January 2022, led recently by a rally in the riskiest notes.
Rule of 20 (which says market is fairly valued when CPI y/y and trailing P/E add up to 20) suggests market continues to look increasingly expensive
Jobless claims fall to 209K and continuing claims edge lower as well. Job market still looking good.
Oil has become more efficient on one crucial measure. With the right policies the trend could be steepened econ.st/3TwdPIy 👇
Some aspects of the economic data have been mixed, but for the most part, there is one clear message: inflation is staying stubbornly high, at least for now. Citi: "The disinflation in goods prices over much of last year has largely come to an end." bloomberg.com/news/newslette…
PPI - big picture. PPI came in stronger than expected driven by higher insurance costs among other categories. Not a breakout to the upside, but declining trend is leveling off.
.. #markets ., seem confused., #today … #speculation #stockmarket #position #investing
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