Another week with not much macro data dropping, but we've got some interesting insights to unpack.
We'll dive into the few pieces of data to review below, but the key takeaway from the past weeks is that the U.S. economy is holding its ground.
Despite a conflict that's getting tough to track, since Trump changes his stance or says different things every day, the impact so far remains measured. And this is even with the sharp rise in energy prices.
Next week is going to be crucial to watch as we'll have the PCE and GDP figures coming out. This will bring some clarity to markets that continue to move in uncertainty with the flow of Trump and Iran news.
These data points will tell us whether the U.S. economy is slipping into stagflation or managing to dodge it for now.
(Remember, the lower the rates go, the more institutional investors will have liquidity to dive into riskier markets.)
This week covers:
🔶Retail Sales – Consumer Product Sales Index 🔶Jobless Claims – Unemployment Registrations 🔶S&P Global Composite PMI – Orders Index 🔶Michigan Consumer Sentiment Final – Consumer Sentiment Index
🚨 BIG NEWS: Bank of America predicts that silver could soar between $135 and $309 per ounce by the end of 2026, due to ongoing supply shortages and a potential market squeeze.
🚨 NVIDIA HITS A RECORD, RECLAIMS ITS 5 TRILLION DOLLAR MARKET CAP CROWN
Nvidia (NVDA) has reached $210 at a new all-time high, regaining its position as the most valuable company in the world with a market cap of 5 TRILLION dollars.
Bitcoin is on the verge of its first real generational rally since 2020. When the sellers finally get exhausted and Wall Street is ready to load the boat, we're going to absolutely moon. It's never been more evident. Back the truck up. It's coming. $BTC