Data Points.
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Data Points. Dear investor.
The world is pushing a little harder at Putin's oil sales; with a cap on prices, this will put additional strain on the old pocket-book.
Let's see how or if this has any significant impact on decisions from Moscow.
Today, U.S. Service Sector was stronger than expected : activity in the November index reading came in at 56.5%...Market estimate was 53.5%.
Most markets were down after the news, however, not every data point that is released will meet expectations. This does not mean that the FED will alter or change course, just because the number did not comply with the estimate.
Higher rates will continue, but the pace will change.
As we near the end of the year; analysts keyboards are full throttle, everybody throwing numbers out there, estimates flying around all over the place.
Take it all in, digest it calmly...but most of all...make decisions.
Opportunities are present...Which one is appropriate for you?
Short-term: Headlines are your buying opportunities.
Long-term: Fundamentals are your guide.
Much success to all. |
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