Part 10/13:
Inflation measures remain subdued, with core prices at roughly 2.36% and overall inflation around 2.66%, according to Trueflation. Bond yields, though elevated at around 4.14%, still suggest market anticipation of potential Federal Reserve rate adjustments. The data point to a landscape where the Fed could either pause or begin easing, contingent on the evolving economic indicators.
Geopolitical and Sector-Specific Signals
In the tech sphere, Nvidia’s upcoming earnings on November 19th are watched closely, as they could give insight into AI chip demand amid broader market pullbacks. The US service sector’s continued growth, alongside steady employment and moderate inflation, indicates an economy that, despite challenges, maintains vitality.