Week from the 16th to the 19th of January
En Estados Unidos, la nómina no agrícola se incrementó en 253k empleos, rebasando la expectativa de 185k; mientras la tasa de desempleo bajó a un nuevo mínimo de 3.4%.
December inflation should keep the FED patient
The December consumer price index (CPI) accelerated by 0.3%, slightly higher than expected, bringing the annual rate of inflation to 3.4% from 3.1% in November. Also, core CPI inflation, which excludes food and energy, increased by 0.3%, although in line with expectations. However, in its annual variation, it decelerated to 3.9% (versus 4.0% in November […]
Week from the 8th to the 12th of January
En Estados Unidos, la nómina no agrícola se incrementó en 253k empleos, rebasando la expectativa de 185k; mientras la tasa de desempleo bajó a un nuevo mínimo de 3.4%.
Expectations for 4Q23 Corporate Reports
The quarterly earnings results season is set to begin this week. In this regard, consensus forecasts anticipate an annual earnings growth for the S&P 500 of 1.3% (YoY) for the fourth quarter of last year. If this number is confirmed, it could mark the second consecutive quarter of YoY earnings growth for the index. However, […]
Week from the 2nd to the 5th of January
En Estados Unidos, la nómina no agrícola se incrementó en 253k empleos, rebasando la expectativa de 185k; mientras la tasa de desempleo bajó a un nuevo mínimo de 3.4%.
Potential Cutbacks Amid Prevailing Caution
During their mid-December meeting, FED officials maintained the reference rate within the range of 5.25% to 5.5%. It was observed that the new projections hinted at the possibility of a series of cutbacks totaling three-quarters of a percentage point (75 bps) throughout the year. Within this context, the meeting minutes unveiled that nearly all participants […]
Perspectives on the 2024 Presidential Election
Given the ongoing geopolitical conflict in the Middle East, the war between Russia and Ukraine, and the persistent trade rivalry between the United States and China, it is evident that politics will likely continue to play a prominent role in 2024. Adding to these global events is the upcoming presidential election scheduled for November 5 […]
No rate change, although cuts are anticipated for 2024
After November’s inflation came in at an annual rate of 3.1%, in line with expectations and representing a slight deceleration compared to the 3.2% recorded in October, and following the release of employment numbers, which generally indicated a strong labor market (adding +199,000 new jobs with an unemployment rate of 3.7%), the Federal Reserve (FED) […]
Warren Buffet and Charlie Munger’s thoughts on investments
In recent days, famed investor Charles (Charlie) Munger and right-hand man to Warren Buffett, passed away at the age of 99. Charlie Munger was the vice chairman of Berkshire Hathaway and a lifelong partner of Warren Buffett, who is widely recognized as one of the boldest investors of recent times. Together, Munger and Buffett grew […]
Record numbers during Thanksgiving weekend shopping spree
Online shopping during Black Friday increased 7.5% compared to the previous year, reaching a record $9.8bn, according to a report from Adobe Analytics. Adobe compiles its data by analyzing more than one trillion visits across retail websites, 18 total product categories and 100 million unique items. It is worth noting that Black Friday’s momentum carried […]
