The US Economy Grows More Than Expected

Minneapolis, MN | November 16, 2023 | HedgeTalk Newsletter | By: John Trefethen, Director & Co-Founder

Table of Contents:

  1. Market Moving Headlines
  2. Interest Rates
  3. Currencies
  4. Commodities
  5. Quote of the Week

Market Moving Headlines

  • US crude inventories unexpectedly rise.
  • Ethanol extends losses.
  • US stocks rise on dovish Fed, GDP figures.
  • The US 10-year Treasury yield remains at a 2-month low.
  • The US goods trade deficit widens as exports fall.
  • The US economy grows more than expected.
  • US corporate profits surge in Q3, 2023.
  • US mortgage applications rise for the fourth week.
  • Iron ore extends retreat from 1-year high.

Interest Rates


Currencies

Commodities


Quote of the Week

“The best way to predict the future is to create it.” – Peter Drucker


 

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Author: John Trefethen, Director and Co-Founder
Mobile: 612-868-6013
Office: 952-746-6040
Email: jtrefethen@hedgestar.com

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