BNN Bloomberg's baystreetamber with 5things you need to know to start your trading day. $C $JPM $WFC $UNH $T $TIXT $WEED For more:
I am back to my Twitter usage. In part because I just can’t keep up with posting on yet another social media app while still attempting to be cogent at my day job. I also have barely any followers so I’m not getting the same notification dopamine hit I get from Twitter. Are you out there? So am I… @BayStreetAmber.S&P 500 is looking to rally for a fifth day in a row while the TSX is on a three-session hot streak.
This has all been induced by cooler inflation readings throughout the week. In fact, as my pal Andrew Brenner at National Alliance notes, the Citi Economic Surprise Index for major economies in the U.S. is now negative – the first time since 2020. Today, import prices in the U.S. fell 6.1 per cent and later this morning we will get a read of consumer inflation expectations with the University of Michigan survey at 10 a.m. EDT.
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