Exciting New Features at Fraywire! We’ve been hard at work to bring you a suite of powerful new tools and enhancements designed to make your experience better than ever. Check out what’s new: Decades of Economic Data at Your Fingertips Explore our brand-new, proprietary feature that offers decades of economic data for any stock, crypto,
Today’s Chart of the Day showcases the performance of business sales over the last few years, highlighting both the values and the trendline. Notably, the chart indicates a plateau in sales growth with a slight decline in recent months. This trend is crucial for understanding the broader economic landscape and its potential implications. Economic Slowdown
Headline Story: Trump Assassination Attempt In a shocking event, former President Donald Trump survived an assassination attempt during a rally in Butler, Pennsylvania. Trump described the incident as a “miracle,” crediting his survival to quick reflexes and the efforts of Secret Service agents who neutralized the assailant. Despite being grazed by a bullet, Trump remains
This morning’s Consumer Price Index (CPI) report revealed that the year-over-year (YoY) inflation rate came in at 3.3%, slightly below the expected 3.4%. This small but significant deviation has important implications for consumers, Federal Reserve policy, and the political landscape, especially in the context of the upcoming presidential election. Implications for Consumers Understanding the Broader
Market Overview The holiday weekend brought significant movement in the cryptocurrency market, with Bitcoin and Ethereum experiencing notable declines. In contrast, the tech sector saw a strong performance, highlighted by a significant surge in AMD’s stock. Additionally, the S&P 500 reached new record highs, driven by positive economic indicators. Cryptocurrency Market Bitcoin Plummets to $53,700
Listen to this Podcast on YouTube and Spotify. PCE Report and Its Impact on Fed’s Interest Rate Decisions This Friday, the Personal Consumption Expenditures (PCE) report will be released, and all eyes are on how it might influence the Federal Reserve’s upcoming decisions on interest rates. The PCE is a critical indicator of inflation and
Watch and Listen to this Podcast on YouTube and Spotify. This week we’re diving into a cooling jobs market, stalling Utilities and Energy Sectors, and other indicators on the Fed’s radar. Let’s start with the jobless claims report set to be released this Thursday. This report is closely watched by economists and market analysts as
View this chart and more at https://www.fraywire.com/portal/economics/series.php?series_id=A34SNO Markets are closed today for Juneteenth, so we’re looking at charts in place of our usual Mid-Week Market Review. Today’s charts provide a compelling visual narrative of the interplay between industry demand for computers and electronic products and the market performance of NVIDIA, a leading player in the
Today’s chart highlights a significant trend in highway and street construction spending in the United States over the past few years. This data, sourced from the Federal Reserve on www.fraywire.com, reveals a fascinating trajectory in infrastructure investment from January 2019 to June 2024. Initial Stability and Decline (2019 – Early 2020): From January 2019 through
Listen to this podcast on YouTube and Spotify Today is Monday, June 17th, 2024, and here’s our Money Monday Market Brief. The S&P 500 soared last week to record highs. It’s been quite a ride for the stock market, with Nvidia and a few other tech giants propping up the market. Across the board, from