November MMT Chart
What’s in Today’s Report:
- November MMT Chart
- Weekly ADP Jobs Report Takeaways
Futures are higher as traders anticipate a successful House vote to reopen the government today with tech shares leading after AMD’s well-received “analyst-day” (stock up ~5% pre-market).
Economically, German CPI met estimates at 2.3% y/y in October which is helping ease worries about a resurgence in inflation.
There are no notable economic reports in the U.S. today but there is a 10-Yr Treasury Note auction at 1:00 p.m. ET that could move yields and impact equities and other risk assets.
Additionally, there are a handful of Fed speakers today including: Williams (9:20 a.m. ET), Paulson (10:00 a.m. ET), Waller (10:20 a.m. ET), and Bostic (12:15 p.m. ET.); the more dovish the tone (without sounding too cautious on the economy) the better for stocks right now.
Finally, earnings season continues with notable companies reporting today including CSCO ($0.80) and CRCL ($0.17), and the stronger the results, the better for the bull case for stocks here.
New Sevens Report Special Report Released Today: How Bad Is the U.S. Debt Situation?
The latest Sevens Report Special Report, “How Bad is the U.S. Debt Situation,” is now available for download from the www.sevensreport.com website.
Those who have pre-ordered the Report were sent download instructions when they ordered and they will be re-sent later this morning, just to be thorough.
Like previous Sevens Report Special Reports, this report will both be branded as Sevens Report Research and as a “white labeled” version, allowing you to brand this robust and in-depth report as your own using your firm’s logo and other marketing materials. Both versions are included with a purchase.
To learn more or to order this special report, please click this link.
