Previous Close | 4,567.80 |
Open | 4,559.43 |
Volume |
Day's Range | 4,554.71 - 4,599.39 |
52 Week Range | 3,764.49 - 4,607.07 |
Avg. Volume | 3,739,004,920 |
It's time to give your brokerage account some of your attention. Read on to see what items you should be focusing on.
For much of the past year, investors and Fed have spoken of the "higher for longer" view as they view inflation as sticky and therefore requiring a period of excessive restrictive rates to get inflation back towards 2%. Inflation is clearly slowing. Just two months ago, the Fed forecast for 2023 inflation was 3.7%, and based on this week's release of October Core PCE, Core PCE YoY is likely to be 3.1-3.3% by year-end.
Palantir stock is up over 200% so far in 2023. While that is a nice return, I think the party is just getting started.