the Kapital Markets thread

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Dow rises 200 points Friday after tame inflation data, heads for 3rd winning week

https://www.cnbc.com/2023/07/27/stock-m ... dates.html

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The Dow missed its 14th straight gain — A coin flip could have done that

We can even show that these streaks aren’t that different from a result of a coin flip.

CNBC ran a simulated coin flip thousands of times and counted the number of times “heads” came up in a row.

https://www.cnbc.com/2023/07/28/the-dow ... -that.html

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India’s accelerating growth can fill the global commodity demand gap left by a slowing China

India’s demand for commodities will likely surge, and it could cover more than half of China’s demand shortfall, especially in the energy sector, ANZ bank said in a report.

“India’s demand for commodities is slated to grow rapidly, supported by favorable demographics, urbanization, the expansion of manufacturing and exports and the build-up of infrastructure,” ANZ analysts wrote.

India’s annual demand for major commodities like oil, coal, gas, copper, aluminum and steel could rise collectively by more than 5% until 2030, the bank estimated. That’s compared against China’s demand of between 1% to 5%.

https://www.cnbc.com/2023/07/31/india-d ... l-anz.html

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S&P 500, Nasdaq notch modest gains Monday, rise for the fifth straight month

https://www.cnbc.com/2023/07/30/stock-m ... dates.html


ALL Americans should SHARE in those RECORD profits IMHO and not just the Corporate Welfare MEGA Corporation Elites and their familial dynasties!

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and just LOOK at this HL I observed right after posting about the Corporate Welfare MEGA Corporation ELITES!

JPMorgan handled more than $1 million in payments from Jeffrey Epstein after bank terminated him as client: US Virgin Islands
https://www.cnbc.com/2023/07/31/jpmorga ... lands.html

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Another Wall Street bank throws in the towel on their 2023 recession call

JPMorgan is the latest bank on Wall Street to push out its recession forecast to 2024.

The call comes just a few days after Bank of America suggested that a recession may not happen until next year, if it does at all.

"Waning post-pandemic disruptions and waxing supply-side developments suggest upside risk," JPMorgan said.

https://www.businessinsider.com/2023-ec ... ear-2023-8

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Dow slides nearly 200 points as Moody's bank downgrade adds to August woes


https://www.cnbc.com/2023/08/07/stock-m ... dates.html