M Notes: Mon, 7-14
|
|
Week Close: 7-11-25 | + (-) | % |
|---|---|---|---|
| Dow | 44,372 | -456 | -1.0% |
| S&P | 6,260 | -19 | -0.3% |
| Nasdaq | 20,586 | -15 | -0.1% |
| 10-year | 4.42 | +0.07 | +1.6% |
| Oil | 68.75 | +2.25 | +3.4% |
LAST WEEK:
Markets: With the focus on new Tariff announcements, Markets paused last week.
S&P roller coaster last week: Down, Down a touch, Up, Up, and Down.
Fed Balance Sheet: $6.662 Trillion.
Fed Minutes: In their June meeting (Minutes get released three weeks later), the FOMC Committee voted unanimously to not change their interest rate from 4.25%-4.50%. It’s been there for 7 months now. The focus now is… how many rate cuts could happen this year? Though officials expressed different opinions, expectations are for two cuts sometime in the next five-six months.
Jobless claims: The weekly number came in at 227,000. The four-week average came in at 236,000.
National Debt: $37.101 Trillion. (It’s going up about $28-30 Billion/week.)
------------------------------
THIS WEEK:
Focus of the week: Inflation. Consumer Inflation gets updated Tuesday morning. The June CPI is expected to rise from +2.4%, up to 2.7% Y/Y. Wholesale Inflation gets updated Wednesday morning. The June PPI is expected to drop a tick from +2.6% down to 2.5% Y/Y.
Calendar: CPI (Tue); PPI, industrial production (Wed); retail sales, and jobless claims (Thu).
Earnings: A new Earning Season gets underway this week. Some of the companies reporting are: Abbott Labs, Bank of America, BlackRock, Citigroup, GE Aerospace, Goldman Sachs, Johnson & Johnson, JPMorgan, Morgan Stanley, Netflix, Novartis, PepsiCo, Progressive, Taiwan Semi, and Wells Fargo.
* The Standard & Poor's 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. Yahoo! Finance, the Wall Street Journal, Investor’s Business Daily and Barron’s are several of the sources used for financial information.
* The National Debt figure comes from usdebtclock.org.
* Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Consult your financial professional before making any investment decision. You cannot invest directly in an index. Past performance does not guarantee future results. No strategy can assure a profit or protect against a loss. Investments in the securities markets involve risk, such as loss of your principal.