MARKET DAILY

Market 12/20: PCE Unexpectedly Good News for the Market

Explaining the Largest OpEx in History $6.6 Trillion

Steve Le
Steve Le

Key highlights:

  • PCE surprisingly lower than forecast cools interest rates

  • Spending and income both increase below forecast

  • Inflation expectations surge in survey

  • What happens if the government shuts down?

  • Bitcoin retreats to touch 92,000

  • Explaining the Largest OpEx in History $6.6 Trillion

  • What happens in the market today and after?

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