Wall Street's Ascension Golf stumbles before important economic data is issued

A wave of rise stumbled over US stock indicators at the threshold of record levels, while the yields of the mortgage increased with the momentum that fell to lower federal reserve interest rates, before an important reading of inflation in the United States. While Jerome Powell indicated on Friday that the reduction of interest in September is likely to threaten work, there is still doubt in Wall Street about the rate of these cuts. With dividing officials, traders prepare for uncomfortable prices later this week. Political manufacturers clash with an enlargement that is still above their 2% goal and even in an increase, at a time when the labor market shows signs of weakness. This disturbing comparison, which pushes politics in opposite directions, is more complicated by a high degree of uncertainty, on how these factors develop in the coming months. The expectation of acceleration of personal consumption expenses is probably the index of personal consumption that excludes food and energy, which is the preferred federal scale for basic inflation, which jumped 2.9% year -on -year last month, in the fastest rate in five months. “The discussion will now turn to the strength of the federal position,” said Chris Larkin of the “e -terha” by “Morgan Stanley”. He added: “Signs of the slowdown of the labor market are currently more important than inflation fear, but the federal did not give up its 2%goal.” The S&B 500 index fell by 0.3%, as about 400 businesses dropped, while Invidia led the profits between major shares before the results. Treasury effects have increased for ten years, three basis points to 4.28%. And the dollar rose. “Trading today does not have incentives, which explain lukewarm mood by indicators, although the performance of the sensitive sectors of interest rates associated with economic cycles is weak,” said Jose Torres of Intestrev Broskers. He added that “part of these slow things is caused by the re -evaluation of traders of Powell’s pope policy.” Views of federal meetings in October and December are financial markets against the possibility of about 80% to reduce interest in September and reduce to the end of the year. “Although there is a general consensus on a September reduction, the October and December meetings remain open and rely on data,” Torres said. Krishna considered his atmosphere of “Evekor” who viewed the markets for the possibility of a reduction in September after Powell’s speech at Jackson Hall “. He added:” If we are right, the focus will go beyond September. If the upcoming work data is not very bad, we expect the federal to start drawing the functions of calculated and cautious reduction while trying to contain exaggerated expectations of the reduction very early. ” The economy is the employment situation. “Jason Praid and Michael Reynolds of” Glenmide “believe that the future lane, especially the rate of interest of interest, is still a discussion with the continued variation in the view of federal officials on the impact of customs duties and the general situation of the economy. long -term shift can represent, as most candidates follow Powell as more likely to facilitate. “Trump’s decision on the succession of Powell, Kevin Haysit, director of the National Economic Council, indicated that President Donald Trump’s decision on who Powell will succeed is still months away. received, such as a powerful job report in August or a higher expansion than expected, show the reason for watch mode, “said Ulrich Hoffman breasthardd of UPS for Global Wealth Management. This week the statements of US policymakers are monitoring to measure their tendency to a reduction in September, with an expected speech by a federal governor of Christopher Wald Thursday. to reduce. Effects will be. Low interest costs can significantly increase their profits, which can pave the way for a strong return to small stocks by the end of the year. “The following test: The results of ‘Invidia’ away from the total image is the next major test for the stock market that assesses the euphoria of artificial intelligence that has been profits over the past year. Alphabet, Invidia, Amazon, Meta, Microsoft, Tesla), whose profits revealed its results on Wednesday after the closure. added: “The profits will be good. The only question is whether it is good enough to push the arrow to climb, after almost doubling during the four months until the past five. “The dominance of the most important technology companies,” Invidia “, has a great weight in the market, forming about 8% of the weight of the” S&B 500 “index and holds an important position in the development of artificial intelligence. “Microsoft”, “alphabet” and “Amazon”, all of which is one of the ten largest businesses in S&B 500. ” But we believe that the formalization of these high businesses and their evaluations today is supported by profitability and strong cash flow in an extraordinary way compared to most other market sectors. “Nevertheless, high expectations increase the ceiling of the challenge. He said:” The error margin is to shrink. These dynamics can create sudden gaps in the short term. The same factors that have encouraged these huge businesses to the S&P 500 index, such as excellent growth, high profit margins and cash generation, are still underway. The load is now on implementation. “