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Fed's Beige Book: "Economic outlook worsened considerably"

Calculated Risk

Several Districts saw a deterioration in demand for non-financial services. Manufacturing was mixed, but two-thirds of Districts said activity was little changed or had declined. Commercial real estate (CRE) activity expanded slightly as multifamily propped up the industrial and office sectors.

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Fed's Beige Book: "Economic activity increased slightly to moderately"

Calculated Risk

Manufacturing decreased slightly on net, and a number of Districts said manufacturers were stockpiling inventories in anticipation of higher tariffs. The nonfinancial services sector grew slightly overall, with Districts highlighting growth in leisure and hospitality and transportation, notably air travel.

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Tuesday: Case-Shiller House Prices, Fed Chair Powell Testimony

Calculated Risk

At 10:00 AM, Richmond Fed Survey of Manufacturing Activity for June. House Financial Services Committee This was originally a GSE only repeat sales, however there is also an expanded index. • Also at 10:00 AM, State Employment and Unemployment (Monthly) for May 2024.

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Schedule for Week of June 22, 2025

Calculated Risk

For manufacturing, the June Richmond and Kansas City Fed manufacturing surveys will be released. 10:00 AM: Richmond Fed Survey of Manufacturing Activity for June. 11:00 AM: the Kansas City Fed manufacturing survey for June. This was originally a GSE only repeat sales, however there is also an expanded index.

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Schedule for Week of February 9, 2025

Calculated Risk

For manufacturing, the January Industrial Production report will be released this week. House Financial Services Committee -- Thursday, February 13th -- 8:30 AM: The initial weekly unemployment claims report will be released. The key reports this week are January CPI and Retail sales. The consensus is for CPI to be up 2.9%

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ADP: Private Employment Increased 146,000 in November

Calculated Risk

Manufacturing was the weakest we've seen since spring. Financial services and leisure and hospitality were also soft.” From ADP: ADP National Employment Report: Private Sector Employment Increased by 146,000 Jobs in November; Annual Pay was Up 4.8% emphasis added This was below the consensus forecast of 166,000.

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Overvalued Stocks: 5 Nifty100 Stocks With PE Ratio of up to 991

Trade Brains

Jio Financial Services Limited With a market capitalization of Rs. crore, the shares of Jio Financial Services Limited were currently trading at Rs. Jio Financial Services Limited’s current price-to-earnings (PE) ratio is 133, which is nearly 5.18 per equity share, up nearly 1.05