Another take.....that is a bit more accurate. Jobs Are Weak And Prices Are High, But Consumers Kept Spending in August https://finance.yahoo.com/news/jobs-weak-prices-high-consumers-141251645.html “The spending was rather broad-based as consumers even spent generously on discretionary goods such as those related to hobbies and recreation and restaurants and bars,” wrote Nationwide Chief Economist Kathy Bostjancic."
Ten year yield is still lingering just outside the 3% range.....at 4.03%. https://www.cnbc.com/quotes/US10Y
The markets are drifting in meaningless action....waiting for the FED. S&P 500 slips from record high ahead of Fed rate decision https://www.cnbc.com/2025/09/15/stock-market-today-live-updates.html (BOLD is my opinion OR what I consider important content) Stocks wavered on Tuesday as investors monitored the latest on global trade discussions and a highly-awaited Federal Reserve meeting. "The broad market index traded 0.1% lower, after hitting a fresh record earlier in the session. The Nasdaq Composite dipped 0.1%. The Dow Jones Industrial Average dropped 94 points, or 0.2%. Oracle shares gained 4% after the cloud infrastructure platform was reported to be part of the firms that will enable TikTok to keep operating in the U.S., sources confirmed to CNBC’s David Faber. Details about the deal on the social media platform come after U.S. Treasury Secretary Scott Bessent said Monday that the U.S. and China have reached a “framework” deal for TikTok, just days ahead of a Wednesday deadline to either divest TikTok’s U.S. business or shut down the social media app in the country. Investors remain on edge about the so-called reciprocal tariffs set to take effect in November. Bessent said during a CNBC interview on Tuesday that he expects further talks to happen before that deadline, and that “the Chinese now sense that a trade deal is possible” after U.S. and Chinese officials concluded two days of talks on Monday. President Donald Trump also gave a positive description of the trade discussions on Monday, which led U.S. stocks to rally and pushed the S&P 500 to close above 6,600 for the first time. U.S. Trade Representative Jamieson Greer said on Monday that trade discussions had been “deferred” to another time, however, given the intense focus on TikTok. Traders also awaited a policy decision from the Federal Reserve, which kicked off a two-day meeting on Tuesday. Fed funds futures pricing in a 100% likelihood of at least a quarter-point rate cut, per CME’s FedWatch tool. Yet traders will still closely monitor Fed Chair Jerome Powell’s subsequent press conference for any clues on the future of monetary policy. The meeting comes after the Senate confirmed President Donald Trump’s pick to join the central bank, Stephen Miran." MY COMMENT The meaningless......short term.
What a DISASTER. Easy come, easy go. When it comes to money and hanging onto it.....there are never any guarantees.....when you are dealing with human behavior and frailties. How much is Charlie Sheen really worth today? From TV’s highest-paid actor to financial struggles: reports In 2010, actor reportedly earned $1.8M per episode of "Two and a Half Men" https://www.foxbusiness.com/enterta...ighest-paid-actor-financial-struggles-reports "While Sheen's exact net worth is not clear, one estimate puts the figure at $3 million — a steep decline from the $150 million he reportedly amassed when he starred on "Two and a Half Men," which aired from 2003 to 2015, according to Celebrity Net Worth."
