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Economic Update: August 26, 2024

Weekly Economic Update for the week of August 26, 2024: growth, jobs, profit, inflation, rates, risks, and investment themes.

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Weekly Market Recap: August 26, 2024

In his speech at Jackson Hole, Chair Powell expressed more confidence in the disinflation process and noted the FOMC does “not seek or welcome” further cooling in the labor market.

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Stocks Stumble as Investors Await Nvidia: Aug. 26, 2024

Stocks are stumbling as heightened geopolitical tensions muddle the outlook of the Fed’s walk down the monetary policy stairs.

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Digging Out After Jackson Hole

Steve Sosnick offers his thoughts on what Fed Chief Powell delivered at the Jackson Hole meeting, and discusses what it means for investors with the stock market near historic highs and AI-giant NVIDIA...

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TensorFlow: Variational Autoencoder (VAE) for MNIST Digits

This post demonstrates the implementation of TensorFlow code for Variational Autoencoder (VAE) using a well-established example with MNIST digit data.

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Chart Advisor: EURUSD: Poised for a Bullish Breakout

By Kapil Mokashi, CMT, CFP 1/ EURUSD: Poised for a Bullish Breakout 2/ Copper's 10% Rebound: Will the Momentum Continue? 3/ Ola Electric's Market Debut: A Rollercoaster Ride for Investors  Investopedia...

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Here comes the sun

Did you know that the Oxford Word of the Year in 2019 was ‘Climate emergency’? The years may have advanced but the frantic echoes of climate emergency still make for a tragic song, and one that is...

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NVIDIA Earnings in Focus, Chips Stocks Chopping Around

Will NVIDIA report a record Q2 earnings on Wednesday night? August’s heavy dose of macro data cools off this week, allowing investors to take stock of a strong earnings season.

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2 Tech Stocks To Watch In Late August 2024

Tech stocks to watch today. The technology sector is a dynamic area of the stock market. It features companies involved in the development, production, and distribution of technology and related...

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The lunchtime robot revolution

One of the highlights of your author’s was a visit to . An innocuous-looking venue from the outside, located on Park Avenue close to Madison Square in Manhattan, inside robots are literally helping to...

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600 Calls Trade in Boot Barn Holdings, Inc. (Symbol: BOOT)

This morning 600 September 20 ’24 165 calls traded in Boot Barn Holdings, Inc. (Symbol: BOOT).

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Global data continues to underperform; China, Eurozone weak

Global data held steady in the underperformance column, ending the week at minus 8 on Econoday’s Relative Performance Index (RPI) and at minus 21 when excluding price data (RPI-P), the latter...

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Consumer Confidence Generates Bear-Steepening Action: Aug. 27, 2024

Stocks are slipping for the second-consecutive day on nervousness ahead of Nvidia’s earnings report tomorrow evening.

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NVDA Remains the Market’s Atlas

After last quarter’s earnings I termed Nvidia (NVDA) “The Market’s Atlas”, referring to its seeming ability to hoist the whole market on its broad shoulders. Ahead of tomorrow’s earnings report, here...

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Evergreen Private Equity Funds Attracting Assets

Evergreen funds are a relatively new concept in the private equity (PE) world compared to traditional closed-end funds.

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Chart Advisor: Does Silver Have an Edge?

By Kapil Mokashi, CMT, CFP 1/ Decoding the Gold to Silver Ratio – Does Silver Have an Edge? 2/ Natural Gas – Bearish Pressure to Persist 3/ S&P 500 Near Record Highs: Is the Rally Losing Steam?...

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A sixth sense

That said, sixth sense is not just a cool cinematic theme. It is way more profound. The world of sports has always been replete with stories of extraordinary courage, charisma, fortitude and resilience.

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Will Nvidia’s Next Earnings Push the Nasdaq Higher?

Following a sharp rise during its last earnings in May, which boosted the Nasdaq-100, all eyes are now on Nvidia to see if it can further propel the index to new highs.

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Game On: U.S. game spending estimated to rise 10% in July

New "Star Wars," "Mana" games out this week

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What is the Federal Reserve, and how does it affect inflation?

The Federal Reserve was created to respond to financial panics, but Congress has given it additional responsibilities over the past century.

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