In today's episode, we dive into the latest economic updates, focusing on the upcoming rate cuts and key financial indicators. Broadcasting live from my backyard, I discuss the recent Personal Consumption Expenditure (PCE) report, its implications for inflation, and the Federal Reserve's potential moves. We also explore the significance of the Case-Shiller Index, consumer confidence, and various jobs reports, all while assessing their impact on the housing market. Join me as I break down these critical topics and provide insights into what the future might hold for the economy.
Stay tuned for an in-depth analysis of the economic news of the week, including predictions on pending home sales, the unemployment rate, and the latest earnings reports from major companies. This episode is packed with valuable information for anyone interested in understanding the current financial landscape and making informed investment decisions.
Timeline Summary
[00:00] - Introduction to the episode and overview of the PCE report. [00:53] - Core inflation numbers and their impact on potential rate cuts. [01:27] - Discussion on upcoming economic news, including the Case-Shiller Index and consumer confidence. [02:33] - Insights into private payrolls and pending home sales. [02:59] - Analysis of the Federal Reserve's upcoming rate decision. [03:54] - Weekly jobless claims and ISM Manufacturing report. [04:19] - The big jobs number and unemployment rate predictions. [05:06] - Upcoming earnings reports from major companies. [05:29] - Predictions for pending home sales and their impact on the market. [07:59] - Meet Kevin's bold predictions on rate cuts and housing market trends. [08:18] - The historical context of rate cuts and inflation control. [09:13] - Information about upcoming events and community groups for listeners.
Links & Resources
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