MRKT Matrix - Friday, September 26th
Stocks close higher Friday after in-line inflation data, but S&P 500 snaps 3-week winning streak (CNBC)
Industry Analysts Project 11% Increase in S&P 500 Price Over the Next 12 Months (FactSet)
Wall Street will need another ‘goldilocks’ number out of next week’s jobs report, with stocks vulnerable into October (CNBC)
US Consumer Spending Powers On Even as Inflation Persists (Bloomberg)
GDP and NFP Inconsistent (Apollo)
Spending on AI Is at Epic Levels. Will It Ever Pay Off? (WSJ)
Videogame Giant Electronic Arts Nears Roughly $50 Billion Deal to Go Private (WSJ)
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MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets
Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs