![]() ![]() ![]() Traders overwhelmingly expect next week’s meeting by the Federal Reserve to end with interest rates staying where they are. That’s a sharp turnaround from July, when just 9% were saying that. Sixty percent of fund managers say they think the Fed is done hiking rates, investment strategists led by Michael Hartnett wrote in a BofA Global Research report. The percentage of their investments in stocks is at a 17-month high, according to a survey by Bank of America, though managers are not going all-in and continue to keep a significant chunk of their portfolios in the safety of cash. Hopes for a resilient economy mean professional fund managers are feeling less pessimistic about stocks. But they also may be adding more fuel to pressures keeping inflation high, which could push the Fed to keep rates higher for longer. Several strong reports on the economy recently have allayed worries about a painful recession, defying long-held predictions for just that. households has been a main driver keeping the economy humming, but it could also be encouraging companies to keep trying to raise their prices further. On Thursday will come reports about inflation at the wholesale level and about sales at U.S. economy from a full-scale downturnĭespite more than a year of widespread warnings that a recession was near, America’s economy is, if anything, accelerating. But it’s been struggling since the end of July and has reported three straight quarters of revenue declines from year-earlier levels.īusiness A ‘rolling recession’ or a ‘richcession’ might spare the U.S. The stock soared through much of this year, which is crucial for investors because it’s the most valuable company on Wall Street and has more sway on the S&P 500 than others. Oracle’s forecast for how much revenue it will make in the current quarter also wasn’t as strong as some analysts expected.Īpple dropped 1.8% after it unveiled the latest models of its phones and other devices. Its stock tumbled 13.5%, even though its profit topped expectations. Software giant Oracle helped lead the losses for tech stocks after reporting revenue for the latest quarter that fell just short of what analysts expected. The Dow Jones industrial average slipped 17.73 points, or 0.1%, to 34,645.99, and the Nasdaq composite dropped 144.28 points, or 1%, to 13,773.61. There's not much to ♥♥♥♥♥ about, I feel like there are just a few things missing from the old physics style, I might try to make a little compilation of slides on the new (old) physics to compare to the old In the meantime, have some blasts from the past courtesy of my youtube.A slide for technology stocks weighed on Wall Street on Tuesday as the market prepped for a highly anticipated report on inflation due the next day. >Back tires don't know if they wanna grip or slide at times, it's kinda weird >Throwing reverse entries tends to make you slide in a perfectly straight line and no matter how hard you lay on the throttle it doesn't give you any change in angle at times, I'll admit part of it is at the fault of how I throw it in, but rev banging 2nd gear you should catch back onto the rotation, if I'm perfectly sideways counter-steering I shouldn't slide at a perfect 90 degree angle in a straight line. You can have 1-2% throttle and still slide but the instant you completely fall of the throttle your tires just instantly grip and it's really awkward with the wheel having to throw it around to counter it to hold the slide angle. >Tires grip up immediately after letting off the throttle. >Wheel support feels great, I have no complaints in regards to controls whatsoever. >Sliding actually feels responsive and you can actually counter oversteer properly now and the random 180's mid-drift don't occur nearly as often and only come from a mistake on the part of the player. >Changing the steering lock actually affects controls the way it should. I'll list off a few pros and cons after playing around with a few different cars and builds. I definitely have to say I like the change, I respect the fact you're still changing things.
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