All articles tagged with #market plunge
Goldman Sachs advised clients to bet on rising copper prices just before a surprise tariff decision by President Trump caused a 22% market crash, leading to significant losses and highlighting the market's unpredictability.
The recent PCE inflation data showed minimal month-to-month increases and a further slowdown in annual inflation, driven by unprecedented drops in financial and recreation services indices, which are expected to rebound sharply. The core services inflation remains significant in other categories, and the market-based PCE index indicates a potential acceleration in inflation, with the Federal Reserve likely to address these volatile components in upcoming discussions.
Natural gas markets plunged from the top of the overall consolidation range, indicating a potential selling opportunity as the market pulls back. With temperatures expected to normalize, demand is likely to decrease, highlighting the oversupply of natural gas and leading to a focus on pricing reflecting this concern. The market is anticipated to trade within a range for the rest of the year, with $3.33 as the top and $2 as the bottom, and a potential move towards the middle of the range in the near term.