Have a nice ending Sunday and a successful start to another week full of results. 🍀💰
News from Saturday, 10/14/23 that jumped out at me and again around the Fed.
As we know, the Fed is scheduled to meet on 10/31-1/11. Originally it looked pretty realistic that another interest rate hike was coming. In the end, according to Bloomberg, the Fed is going to extend the pause. So now...
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Analysts at Evercore ISI raised their target for the S&P 500 $^GSPC+0.5% index to 4450 from the previous 4150. According to them, continued AI-driven momentum could push the index to 4450 by July 4.
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No point for me yet, but I'm curious about it 😁