Why November 7th Will Impact Stocks More Than The Election

(This happens only once every 25 years.) Just 48 hours after the 2024 Presidential Election... A man from a completely different government branch is going to stand up, say a few words... ... and make history in the stock market. This event comes along only every 25 years... And experts are already positioning themselves to profit from it.

US consumer sentiment falls slightly as outlook for inflation worsens

CHRISTOPHER RUGABER
April 12, 2024

WASHINGTON (AP) -- Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans' outlook largely unchanged this year.

The University of Michigan's consumer sentiment index, released Friday in a preliminary version, slipped to 77.9 this month, down from March's figure of 79.4. Sentiment is about halfway between its all-time low, reached in June 2022 when inflation peaked, and its pre-pandemic averages.

"Consumers are reserving judgment about the economy in light of the upcoming election, which, in the view of many consumers, could have a substantial impact on the trajectory of the economy," said Joanne Hsu, director of the consumer survey.

An increase in gas prices likely contributed to the decline in consumers' outlook, according to Ian Shepherdson, chief economist at Pantheon Macroeconomics. The average national price of a gallon of gas has jumped about 7% from a month ago, according to AAA, to $3.63 a gallon.

Americans' perceptions of future inflation also edged up, probably reflecting still-elevated prices. Consumers expect inflation to be 3.1% a year from now, which would exceed the Federal Reserve's 2% target. Still, that would be below the current level of 3.5%.

Continue Reading...

Popular

Germany's quarrelsome government meets in last-minute effort to find solution for its ailing economy

BERLIN (AP) — The leaders of Germany’s quarrelsome governing coalition are meeting again on Wednesday in another last-minute effort to find a joint solution to fix the country's struggling economy.

Jim Cramer Blasts Super Micro Computer's Earnings: 'Better At Exonerating Itself Than Selling' Nvidia GPUs

Jim Cramer, the host of CNBC's "Mad Money," has criticized Super Micro Computer Inc for its recent business update and preliminary first-quarter results.

24/7 Automated Profits in Crypto - Ad

October through December are historically among the most bullish months for crypto. WaveBot -- an automated trading tool that takes all the guesswork out of profiting in crypto. It trades key levels, buying dips and selling at the perfect time, 24/7. All you need to do is set it up. After that, WaveBot takes care of everything.

Mike Johnson Urges Calm On Result Certification: The Election Is 'Too Big To Rig'

House Speaker Mike Johnson called for calm and a commitment to a fair election amid heightened tensions and ongoing misinformation surrounding the 2024 presidential election.

Sarah McBride Becomes The First Openly Transgender US Congresswoman

Sarah McBride has made history as the first openly transgender member elected to the U.S. House of Representatives, winning Delaware's at-large congressional district.

Tesla Execs Are Freaking Out - Ad

You might not believe what you're about to see is real, but I assure you the video has been left unedited. It's so revolutionary that tech giants like Microsoft, Amazon, and NVIDIA are all lining up to get their hands on it. And Elon Musk has completely restructured Tesla to chase this opportunity.

Owens Corning Delivers Q3 Earnings Beat, Forecasts Strong Q4 Despite Market Headwinds

Owens Corning reported Q3 net sales of $3.046B, beating consensus of $3.043B. Q4 outlook is strong despite market conditions.

AI Market Shock Coming November 19th? - Ad

Jeff Brown predicts an AI market shift, potentially happening by November 19th, led by Bill Gates' Stargate project. Get ahead of the curve before the next AI market shock.

Financial market worries over the UK budget appear to ease

LONDON (AP) — Worries about this week's within financial markets appeared to ease Friday with the interest rates charged on British debt steadying and the pound rising against most other currencies.

Kamala Harris 'Ready' If Trump Decides To 'Falsely' Declare Victory: 'We Are Prepared To Respond'

Kamala Harris's campaign and Democratic officials are preparing to counter any premature victory declaration by Donald Trump on Election Day.

Early Nvidia, AMD, and Tesla Investor Shares New AI Picks - Ad

Jeff Brown, the tech expert who recommended Nvidia, AMD, and Tesla, is now releasing new AI stock picks. He believes they could deliver even bigger gains than before.

Elon Musk's Mother Does Harris Impression During TV Appearance

Maye Musk, mother of Elon Musk, has sparked a flurry of reactions following her controversial imitation of Kamala Harris on Fox Business.

A Republican Sweep Might Be The Most Inflationary Election Outcome, Economists Warn

Economists warn of high inflation if Republicans win, due to tariffs, budget deficit and immigration policies.

New Token Poised for Breakout as "Defi 2.0" Takes Off - Ad

Revealed: The #1 DeFi Coin Driving Financial Revolution. Experts hail this as the cornerstone of the new decentralized finance era. While Bitcoin dominates headlines, this governance token is quietly reshaping lending markets. Experts suggest accumulating before institutional money flows in.

Court approves Tupperware's sale to lenders, paving way for brand's exit from bankruptcy

NEW YORK (AP) — A U.S. bankruptcy judge approved a sale of on Tuesday, paving the way for the iconic food-shortage company to soon exit and continue offering its products while undergoing a hoped-for revitalization.

Working Well: Seeking the elusive work-life balance, one step at a time

NEW YORK (AP) — The moment I knew I had to get serious about came without warning. I was writing a high-profile news story during the pandemic when my heart began pounding like a jackhammer.

Shocking Footage from Bill Gates' $100 Billion AI Project - Ad

Jeff Brown flew to Wisconsin to witness Bill Gates' $100 billion AI project firsthand. What he uncovered will blow your mind!

Which Industries Have The Highest Cannabis Consumption At Work? New Data Has Answers

Explore the latest CDC analysis on workplace cannabis use across industries. Discover which sectors are driving this trend!

Apple, Microsoft And 3 Stocks To Watch Heading Into Thursday

With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows:

A Gold Storm Is Coming - Ad

Stansberry Research just released a brand-new warning for what they believe will happen to gold in 2025. Even the most prepared Americans - including many retirees - could be blindsided by what's about to happen.

Cathie Wood Bets Big On Mark Zuckerberg: Ark Pours $19M Into Meta Shares, Dumps Palantir And Tesla Stock

On Thursday, the Cathie Wood-led Ark Invest made significant moves in the market, with prominent trades involving Tesla Inc. (NASDAQ:TSLA), Meta Platforms Inc.

Bill Gates Had A 'Very Bad Habit' That Could Have Derailed His Career

While at Harvard, Bill Gates had a bad habit he liked to show off. The habit was later fixed as it wasn't something in the business world appreciated.

Elon: Tesla Is a Robotics Company Now - Ad

Elon Musk's new plan for Tesla's future has nothing to do with electric cars... TechRadar reports it "will blow your mind..." & McKinsey says it "will shape the coming decade." We recently got our hands on a video clip detailing this breakthrough.

A New York City law used to padlock suspected illegal pot shops is ruled unconstitutional

A law that New York City has relied on to padlock scores of suspected unlicensed marijuana shops is unconstitutional because it violates the rights of store owners, a judge ruled Tuesday.

Costco Gold Mania - Ad

They sell out "within a few hours" of going online, says Costco's CFO. And more than 77% of Costco stores have completely sold out as well. Despite the clear mania in gold... according to the gold experts at Stansberry Research, there's an EVEN BETTER way to invest in gold, without rushing to Costco to buy gold bars.

Elon Musk Want His 11 Kids, Their Mothers To Live In Secret Compound He Bought, New Report Says

Elon Musk could be building a new family compound made up of several mansions to house his children and their mothers, according to a new report.

Super Micro Analyst Suspends Rating Over Governance, Accounting Issues

Super Micro Computer, Inc stock continues to fall due to governance and accounting concerns after their auditor resigned. Analyst suspends rating.

Silicon Valley Insider Reveals AI Retirement Playbook - Ad

Jeff Brown, who recommended Nvidia in 2016, is sharing his full blueprint to help you retire comfortably using AI investments. Follow his strategy for a secure financial future.

$2.5 Million From Meme Coins? One Trader Seems To Have Cracked The Code

A whale made $2.5 million trading meme coins with potential for high profitability. Solonchain highlights effective risk management and upcoming conference on memecoins.

Honda's Pickup Beats Tesla Cybertruck As Most American Made Truck

Japanese automaker Honda's 2025 Ridgeline AWD pickup truck is the most American-made truck with 75% of its content sourced from either the U.S. or Canada.

Single Stock Blueprint Available Now - Ad

Market Wizard Larry Benedict is one of the most successful traders you'll ever meet...But he doesn't make money the traditional way. In short: It's a way to trade just one stock...And potentially make all the money you need to fast-track your retirement -- no matter what happens in the stock market.

Intel Stock Climbs On Better-Than-Expected Q3 Results: Details (CORRECTED)

Intel reported its third-quarter results after Thursday's closing bell. Here's a look at the details from the report.

Final jobs report before election will likely offer a blurred view of labor market

WASHINGTON (AP) — Americans on Friday will get their last major look at the state of the U.S. economy — the October jobs report — just four days before Election Day. The view, though, is likely to be that left many workers temporarily off payrolls.

Elon Musk: Without This Company, "Civilization Will Crumble" - Ad

Did you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip? Ex-Wall Street CEO Dylan Jovine calls this "the easiest windfall from the AI revolution." Even ChatGPT founder Sam Altman says AI depends on this company's work...

Trump To Joe Rogan: 'Biggest Mistake' Was Trusting 'Bad' And 'Disloyal' People

On Friday night, "The Joe Rogan Experience" podcast hosted by Joe Rogan finally aired its long-awaited episode with Donald Trump

November 18th - The Biggest Crypto Event in History - Ad

According to the man who called every major market top and bottom for the last 29 years... A single event triggering on November 18th will send the crypto market soaring. But what's more exciting... is that this event could send a small sector of the crypto market soaring 5X, 25X, and even 100X higher in just days.

US Steel Reports Better-Than-Expected Q3 Results, Aims To Close Nippon Steel Deal By Year End

U.S. Steel reported its third-quarter results after Thursday's closing bell. Here's a look at the details from the report.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service