U.S. INFLATION SURGES TO 3.7%, BEATING EXPECTATIONS September CPI rose 0.6% MoM, matching forecasts, while annual inflation hit 3.7% vs. 3.6% expected. Core CPI climbed 0.3% vs. 0.2% expected, with annual core inflation reaching 2.6% vs. 2.5% forecast. Gasoline prices surged 9.1%, energy jumped 5.2%, and real earnings fell 0.5%, highlighting renewed pressure on consumers.

U.S. INFLATION SURGES TO 3.7%, BEATING EXPECTATIONS September CPI rose 0.6% MoM, matching forecasts, while annual inflation hit 3.7% vs. 3.6% expected. Core CPI climbed 0.3% vs. 0.2% expected, with annual core inflation reaching 2.6% vs. 2.5% forecast. Gasoline prices surged 9.1%, energy jumped 5.2%, and real earnings fell 0.5%, highlighting renewed pressure on consumers.

BLOOMBERG EXPECTS U.S. INFLATION TO SURGE TO 3.7% Bloomberg Economics forecasts headline CPI rising 0.6% MoM, pushing annual inflation to 3.7%, up from 3.4%. Core CPI is expected to rise just 0.23% MoM, with annual core inflation edging up to 2.46%. Core goods inflation is set to accelerate, while services inflation is expected to cool.

BLOOMBERG EXPECTS U.S. INFLATION TO SURGE TO 3.7% Bloomberg Economics forecasts headline CPI rising 0.6% MoM, pushing annual inflation to 3.7%, up from 3.4%. Core CPI is expected to rise just 0.23% MoM, with annual core inflation edging up to 2.46%. Core goods inflation is set to accelerate, while services inflation is expected to cool.

This Week: 1. Monday bond market is closed but market is open. Bank holiday 2. Tuesday, ADP Weekly Employment Change 3. Wednesday, CPI Inflation: Core inflation hit its lowest level in 5 years last month. The next reading will show whether inflation is cooling or picking up again. 4. Thursday: PPI Inflation and Initial Jobless Claims 5. Friday, Kevin Warsh Speech Earnings this week mainly give us a pulse on banks/$XLF and a couple important semis.

This Week: 1. Monday bond market is closed but market is open. Bank holiday 2. Tuesday, ADP Weekly Employment Change 3. Wednesday, CPI Inflation: Core inflation hit its lowest level in 5 years last month. The next reading will show whether inflation is cooling or picking up again. 4. Thursday: PPI Inflation and Initial Jobless Claims 5. Friday, Kevin Warsh Speech Earnings this week mainly give us a pulse on banks/$XLF and a couple important semis.

BREAKING: The S&P 500 is now worth a record $71.3 trillion, up +24% from its March 30th low. This pushes the total market cap of the US stock market above $82 trillion. That's ~7.5 TIMES larger than China, the world's 2nd largest stock market, and 28 times larger than Germany. Asset owners are winning.

BREAKING: The S&P 500 is now worth a record $71.3 trillion, up +24% from its March 30th low. This pushes the total market cap of the US stock market above $82 trillion. That's ~7.5 TIMES larger than China, the world's 2nd largest stock market, and 28 times larger than Germany. Asset owners are winning.

U.S. GASOLINE AND DIESEL PRICES EASE, BUT REMAIN SHARPLY HIGHER U.S. regular gasoline fell slightly to $4.354 per gallon, but remains $1.23 higher than a year ago. Diesel saw a much larger weekly decline, falling 18.3 cents to $6.199 per gallon, yet remains $2.49 above year-ago levels. The Lower Atlantic recorded the largest declines, with gasoline falling 23.6 cents and diesel dropping 25.4 cents.

U.S. GASOLINE AND DIESEL PRICES EASE, BUT REMAIN SHARPLY HIGHER U.S. regular gasoline fell slightly to $4.354 per gallon, but remains $1.23 higher than a year ago. Diesel saw a much larger weekly decline, falling 18.3 cents to $6.199 per gallon, yet remains $2.49 above year-ago levels. The Lower Atlantic recorded the largest declines, with gasoline falling 23.6 cents and diesel dropping 25.4 cents.

JUST IN: Elon Musk's SpaceX $SPCX surges to $175, surpassing a $2.38 trillion market cap.

JUST IN: Elon Musk's SpaceX $SPCX surges to $175, surpassing a $2.38 trillion market cap.

All time high for $NVDA. All time high for $TSM. All time high for $NDX. $SPX also near all time high. Market breadth is horrible, but most people look at indexes anyway. Just absolutely incredible.

All time high for $NVDA. All time high for $TSM. All time high for $NDX. $SPX also near all time high. Market breadth is horrible, but most people look at indexes anyway. Just absolutely incredible.

A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY. Here's a full recap: 1. SpaceX $SPCX rose about 7.6% on Monday to roughly $171.09 after Elon Musk confirmed that discussions with TSMC are real, though still in the early stages. The talks follow reports that TSMC is exploring a role in Terafab, the Texas chip venture tied to Tesla, SpaceX, and xAI, which could eventually invest $119B to manufacture chips for products including Optimus, Cybercab, and future AI infrastructure. The prospect of TSMC participating was viewed as strengthening SpaceX’s long-term AI chip supply strategy and potentially reducing Intel’s future role in the project, helping send Intel shares lower while TSMC reached a new all-time high. A reiterated Morgan Stanley Overweight rating and $300 price target provided ad

A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY. Here's a full recap: 1. SpaceX $SPCX rose about 7.6% on Monday to roughly $171.09 after Elon Musk confirmed that discussions with TSMC are real, though still in the early stages. The talks follow reports that TSMC is exploring a role in Terafab, the Texas chip venture tied to Tesla, SpaceX, and xAI, which could eventually invest $119B to manufacture chips for products including Optimus, Cybercab, and future AI infrastructure. The prospect of TSMC participating was viewed as strengthening SpaceX’s long-term AI chip supply strategy and potentially reducing Intel’s future role in the project, helping send Intel shares lower while TSMC reached a new all-time high. A reiterated Morgan Stanley Overweight rating and $300 price target provided ad

JUST IN: Elon Musk's SpaceX $SPCX surges over $160, surpassing a $2.23 trillion market cap.

JUST IN: Elon Musk's SpaceX $SPCX surges over $160, surpassing a $2.23 trillion market cap.

$VIX consecutive day 47 where we have not closed above 17.84. $SPY consecutive day 47 where we have not had a -.85% drop by close.

$VIX consecutive day 47 where we have not closed above 17.84. $SPY consecutive day 47 where we have not had a -.85% drop by close.