Mill Street Research
millstreetresearch.com
Mill Street Research strategist Sam Burns, CFA, provides proprietary institutional research & tools on asset allocation, stock selection and the economy.
👤 Joined on 21 November 2024
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- 21 Kas 2024, 21:21
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$CRWD de facto AI stock... one of its worst weeks since its 2019 IPO -17.5%
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$ORCL and $SKYD are both down since Election Day 2024.
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at the open $SOX lower for 8th straight day would be longest losing streak since 2008
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RENMAC: “.. Some slippage in nominal consumers' spending. Ex gasoline stations, retail sales and food services rose just 3.5% SAAR over the last three months, about 1ppt slower than the pace seen over the last year. We're probably beyond the high-water mark for consumption this year.”
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YoY mkt-based core PCE at an estimated 3.2% in Sep would be the highest since mid-1992 (ex-covid), & mkt-based core ex-hsng at 3.1% the highest since at least 1994
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