Markets Reach For The Stars, Even As A Nascent Turn Is Under Way!

This is our weekly market update, starting in the US, then Europe, Asia and Australia and covering commodities and crypto. This week, hopes of US interest rate cuts before the end of the year rose after data this week showed that inflation was cooling faster than expected, has muddied the waters, though all three US benchmarks powered higher, despite results from three major banks, which disappointed for different reasons. MSCI’s gauge of stocks across the globe rose 0.78, hitting another record intraday high. The S&P 500 and Dow surged to all-time highs before giving up much of those gains by […]