The AP on the Street 12th week of 2023
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The last week was pretty much a sequel to the one week before. Despite different expectations, we did not see a pause in rate hikes. This week we have the consumer confidence, Core PCE Price index, Chicago PMI, interest rate decision, and a few FOMC …
The AP on the Street 11th week of 2023
We had a rough week concerning the macroeconomic environment, but the markets were up due to the interest rate pause anticipation. This week is really crucial, and we have the FED interest rate decision, Services PMI, and Manufacturing PMI. So, let’s take a look at …
The AP on the Street 10th week of 2023
The last week was terrible. Chairman Powell’s hawkish-like comments and the failure of Silicon Valley Bank led to a plunged market. This week, there are the CPI and the PPI. So, let’s take a look at what happened last week: Tesla cut its prices of …
The AP on the Street 9th Week of 2023
The last week was better than the week before; we had positive numbers on both stocks and commodities. This week, there are the Unemployment rate, JOLTs, and FED Chairman Powell’s testimony. So, let’s take a look at what happened last week: JP Morgan analysts warned …
The AP on the Street 8th Week of 2023
The last week was harsh for investors, especially after the hotter-than-expected PCE report. This week, there are the Chicago PMI, ISM Non-Manufacturing PMI, and Manufacturing PMI. So, let’s take a look at what happened last week: Meta started testing Twitter-like new paid “verified” system for …