the midterm election is happening at early nov so i doubt there will be a sept rate hike to reduce trump's votes.
FOMC Minutes Due Thursday — Can S&P 500 All-Time High Hold?
S&P 500 −0.17% Friday to 7,785.76 after soft retail sales, still up ~0.4% on the week from Thursday's record. In-line CPI, flat monthly PPI and cooling jobs have futures at ~67% for no change. The week's main event: July FOMC minutes, Thursday 2 a.m. Beijing, from the meeting that held at 3.50–3.75% with three dissents for a hike. Retail reports pre-market — Home Depot Tuesday, Target Wednesday, Walmart Thursday (est. $188.79bn). Stay in AI and semis, rotate to financials and consumer, or wait for the minutes?
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