Trump and Musk's Secret Plan to Redraw America's Borders

The world's two most powerful men are reclaiming thousands of acres of abandoned land... and it could make millions for those who understand this new map of America.

This Week: Consumer confidence, new U.S. home sales, tracking GDP

The Associated Press
September 23, 2024

A look at some of the key business events and economic indicators upcoming this week.

CONFIDENCE CHECK

The Conference Board issues its monthly index of U.S. consumer confidence Tuesday.

Economists expect the September reading slipped from August. A reading of 90 or better reflects a healthy economy. The index measures Americans' assessment of current economic conditions and their outlook for the next six months.

Consumer confidence, by month:

April 97.5

May 101.3

June 97.8

July 101.9

Aug. 103.3

Sept. (est.) 102.9

Source: FactSet.

HOUSING BAROMETER

The Commerce Department releases its latest snapshot of new U.S. home sales Wednesday.

Economists project that sales slowed last month. A recent pullback in mortgage rates ahead of the Federal Reserve's pivot to cutting short-term rates has brightened the outlook for new home sales heading into next year.

New home sales, seasonally adjusted annual rate, by month:

March 683,000

April 736,000

May 666,000

June 668,000

July 739,000

Aug. (est.) 700,000

Source: FactSet

GROWTH SPURT?

The Commerce Department delivers its final estimate of second-quarter U.S. economic growth Thursday.

Economists predict that the economy expanded at a healthy 3% seasonally adjusted annual pace from April through June, fueled by strong consumer spending and business investment. That would follow a sluggish 1.4% annual growth pace in the first quarter, the slowest since spring 2022.

GDP, percent change, seasonally adjusted annual rate, by quarter:

Q1 2023: 2.2

Q2 2023: 2.1

Q3 2023: 4.9

Q4 2023: 3.4

Q1 2024: 1.4

Q2 2024 (est.): 3.0

Source: FactSet

Continue Reading...

Popular

Meta Wins Ruling To Block Whistleblower Who Worked With Mark Zuckerberg And Sheryl Sandberg — Book Alleges Harassment And Shady China Strategy

Meta has blocked the promotion of a whistleblower's tell-all book that alleges sexual harassment and censorship efforts tied to China, sparking fresh scrutiny of the company's internal culture and legal tactics — even as its stock continues to climb.

Intel, D-Wave Quantum, Adobe, Nvidia, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

The S&P 500 and Nasdaq rose on Wednesday. The rally was fueled by a cooler-than-expected inflation report, which bolstered expectations for monetary easing.

Exposed: 3 Cent Crypto to Explode March 24th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on March 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

Jim Cramer Says Airbnb 'Best Of Crop' From 'Wild Times' IPOs

TV host Jim Cramer said Monday on Twitter that Airbnb Inc (NASDAQ: ABNB) “might be the best of that crop of companies that came public during those wild times.”

Strategic Crypto Reserve -- Now Live - Ad

President Trump made good his promise to crypto enthusiasts - with his announcement of an official Strategic Crypto Reserve. This isn't just another crypto story--it's a game-changer for the U.S. dollar. A southern state is gaining major power, and you need to know what happens next.

AOC Claps Back At Mike Johnson As Senate Moves Closer To Government Shutdown: 'If You Need Democrats, Then You Need To Negotiate'

Alexandria Ocasio-Cortez pushed back on Speaker Mike Johnson's blame for a possible shutdown, reminding him that Republicans control the government and must negotiate if they lack the votes.

A government program made tax filing free and more efficient. Musk and DOGE may get rid of it anyway

WASHINGTON (AP) — Mia Francis, a 22-year-old barista from Boston, filed her taxes on her own this year for the first time, using a free government tax filing program that made it easy because it did most of the work for her.

Wall St. Legend Shocks With "Next Nvidia" Prediction - Ad

When he recommended Microsoft at 38 cents... Google in 2005... and Nvidia before AI was mainstream, people called him crazy. Now they're calling him crazy again about this overlooked tech stock that's he's says could be "The Next Nvidia".

CDC Considers New Autism Study As Vaccine Safety Debate Persists

The CDC is planning a large study on potential vaccinAutism's links, despite extensive research dismissing any connection.

Revealed: Trump's New Deal - Ad

Inside the President's covert plan to recapture forgotten U.S. territories, seize precious resources and spark a $20 trillion wealth wave. Stocks connected to Trump's New Deal are already surging -- discover the #1 investment to make before May 30.

Trump Organization Sues Capital One Over Alleged Political Bias in Account Closures, Eric Trump Leads Charge

The Trump Organization has launched a lawsuit against Capital One, alleging that the bank closed hundreds of Trump-linked accounts for politically motivated reasons.

Microsoft Dodges UK Competition Crackdown Over OpenAI Deal, Watchdog Director Says Partnership Doesn't Get 'A Clean Bill Of Health'

Microsoft's $13 billion investment in OpenAI has escaped a formal merger investigation by the U.K.'s Competition and Markets Authority (CMA), but regulators warn that the partnership still raises potential competition concerns.

A $19 Secret to Potentially Life-Changing Gains - Ad

It predicted Trump's sweeping victory. And now, this pattern says a handful of niche-sectors are poised to surge as President Trump fuels America's economic boom. For only $19, you can see how millionaire-trader Jeff Clark has used this "Magic Pattern" for over 40 years to generate over 1,000 winning trade recommendations.

Intel Beats Investor Lawsuit After $32 Billion Stock Plunge - Judge Rules Foundry Losses Weren't Misleading

Intel secured a legal victory after a U.S. judge dismissed a shareholder lawsuit alleging the company misled investors about foundry losses, which contributed to a $32 billion stock plunge.

Inflation eases to 2.4% in Europe, supporting likely central bank rate cut

FRANKFURT, Germany (AP) — Inflation in Europe eased to an annual 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering borrowing costs for an economy that's still struggling to show robust growth.

13-Second Trump Video Could Trigger AI Shock - Ad

Louis Navellier, the legendary investor who picked Nvidia before shares exploded as high as 3,423%... Just released a video with this 13-second Trump clip about the current AI boom. Please, do NOT buy any AI stock before watching that clip. What President Trump said in that clip could have implications for this AI boom.

Bristol Myers Acquired MyoKardia Drops Fulcrum Agreement, Ending Cardiomyopathy Research Deal

MyoKardia, a Bristol Myers unit, is terminating its agreement with Fulcrum Therapeutics, ending a cardiomyopathy research deal set to expire in June 2025.

What's Going On With United Microelectronics Stock Today?

United Microelectronics shares are down in premarket trading, despite reporting a 4.25% increase in February sales year-over-year.

9-Minute Trade Unlocked $67,548 Income Avalanche -- Copy and Paste - Ad

Forget cryptos, pot stocks, and other "shiny object" investments. Instead, you could collect an average of $185 every day of the year with this "boring" trade strategy Forbes magazine says is "like finding money in the street."

Kroger Chairman and CEO resigns following investigation into personal conduct

Kroger Chairman and CEO Rodney McMullen has resigned after an internal investigation into his personal conduct.

Australia won't retaliate against 'unjustified' US tariffs on steel and aluminum

MELBOURNE, Australia (AP) — Australian Prime Minister said Wednesday that U.S. tariffs on Australian steel and aluminum were unjustified, but his government would not retaliate with its own tariffs.

Texas to Adopt New Currency? - Ad

As you'll see, the political elite in Texas are backing this new currency to the hilt. One law allows businesses to accept this new currency, the same as if you were paying by cash or with a credit card. So, what is Texas' new currency? And what do you need to do immediately to prepare?

Trump signs executive order to establish government bitcoin reserve

President Donald Trump signed an executive order Thursday establishing a , a key marker in the cryptocurrency's journey towards possible mainstream acceptance.

Bloomin' Brands Is A Long-Term Survivor, But Has Near-Term Challenges: Analyst

JP Morgan analyst lowers price forecast for Bloomin' Brands from $13 to $10, retains Neutral rating. Challenges ahead, but potential for success.

An Electric Aircraft Company With Potential to Break Out - Ad

If you're watching the electric aviation sector, this is a stock to keep an eye on with a strong market position and cutting-edge technology.

Bill Ackman Clashes With David Sacks Over Ukraine Strategy, Asks If US Should Let Russia 'Take The Rest Of Eastern Europe'

Bill Ackman challenged David Sacks' stance on U.S. involvement in Ukraine, questioning the consequences of allowing Russia to dominate the country and expand its influence in Eastern Europe.

Elon Musk's DOGE Team Has Door Slammed On It At Africa Aid Agency Amid Raging Turf War

DOGE team members were denied entry to the U.S. African Development Foundation amid tensions over Trump's executive order targeting independent agencies.

6 Stocks Could Soar on DOGE AI News ... - Ad

Expect an announcement from Elon any day now ...Thousands of government jobs could be replaced ...By a new form of AI. This one move could save American taxpayers billions of dollars. And we believe six specific stocks could soar as a result.

One Tech Tip: Getting a lot of unwanted phone calls? Here are ways to stop them

LONDON (AP) — Unwanted phone calls are out of control. Whether it's a robocall trying to sell you something or spam calls from scammers trying to rip you off, it's enough to make you want to stop answering your phone. So what can you do to stop them?

Washington Post columnist quits after her opinion piece criticizing owner Jeff Bezos is rejected

A columnist who has worked at The Washington Post for four decades resigned on Monday after the newspaper's management decided not to run her commentary critical of owner Jeff Bezos' .

The Same "Magic Pattern" That Predicted Trump's Win Now Predicts These Niche-Trades Will Surge! - Ad

It predicted Trump's sweeping victory. And now, this pattern says a handful of niche-sectors are poised to surge as President Trump fuels America's economic boom. For only $19, you can see how millionaire-trader Jeff Clark has used this "Magic Pattern" for over 40 years to generate over 1,000 winning trade recommendations.

Mark Carney Takes Justin Trudeau's Job As Canada's New PM, Ready to Face Trump's Tariff Threats: 'I Know How To Manage Crises'

Mark Carney, a former central banker with no prior political experience, is set to become Canada's prime minister, tasked with navigating trade tensions and Trump's tariffs.

Congressman Ditches Russell 2000 ETF To Buy Lithium, Uranium ETFs

Congress trading activity shows a new unusual transaction of a Senator buying uranium and lithium ETFs.

Stocks to Crash on March 16, 2026? Here's Compelling Reason Why - Ad

Perhaps no one on or off Wall Street has been more accurate calling the bull and bear turns of the past 7 years. From the bear markets of 2018 and 2022... to the roaring bull runs of 2021, 2023, and 2024. And now, Marc Chaikin is predicting the next crash will start March 14, 2026. If you have money in the markets, Chaikin's thesis is a must-see.

Elon Musk's xAI Expands, Apple Delays Siri, Meta's AI Assistant May Get Paid Subscriptions, And More: This Week In AI

Whirlwind of tech activity with AI in focus: Elon Musk's xAI expands, Apple delays Siri upgrade, Meta may add subscriptions & ads, Palantir delivers AI-powered battle stations, Ex-Google CEO warns against global race for superintelligent AI.

NBA Legend Shaq's Walmart Shopping Spree Ends In Credit Card Decline - Here's How Much He Tried To Spend

Basketball superstar Shaquille O'Neal's impact goes beyond basketball, with his larger-than-life personality and smart investments. Yet, one of his most unforgettable moments happened at Walmart.

Big Tech Is Barreling Toward a $17 Trillion Reckoning - Ad

While everyday investors keep piling into names like Nvidia, Apple, and Amazon... the owners of those very companies are dumping their OWN shares at a record pace. Now, "America's top trader" is warning that big tech could be barreling right toward another dot-com style implosion. 

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service