FREE EGS PREVIEW: Is the stock market ready for liftoff? 🚀

A FREE sample of our latest Premium Market Insights report!                                                                                                                                                                                                                                                                                                                                                                                                                 December 14, 2023 | [Read Online]( Is the stock market ready for liftoff? 🚀 FREE preview of our latest Premium Market Insights report... Adam Garcia & Elite Growth Stocks Report Editorial Team December 14, 2023 Good Afternoon! Welcome to another edition of Premium Market Insights. I’m Adam Garcia. Before we get started, I want to pass along my best wishes for the upcoming holidays. From me and everyone here at Elite Trade Club, thank you for your support! With the pleasantries out of the way, let’s get down to business! My team and I have been monitoring the market closely. Here’s what we see: Economic Outlook Stocks rallied considerably this Wednesday on the back of positive news from the Federal Reserve, who maintained interest rates at their final policy meeting of the year. Inflation has been stable around 4%, and the Fed has penciled in four rate cuts for next year, assuming inflation continues along its current tract. However, there are concerns about a slowing economy and the odds of a recession in the month’s ahead. A soft landing could prove to be more difficult than anticipated. Geopolitical risks and volatility in the commodities market are also noteworthy risks to monitor as we head into the final weeks of the year. Jobs Report The latest US Jobs report was relatively solid and indicates that the US labor market may be in a healthier state. The US economy added [199,000 jobs last month](, compared to only 150,000 in the previous month. The unemployment rate also fell slightly in November for the first time in several months. It appears that the labor market is improving slightly and may not be at risk of overheating amid potential rate cuts in the future. US Unemployment Rate As we noted in the past, the US labor market is adding new jobs, but many of these jobs are concentrated heavily in [several sectors](. Over 80% of the news jobs registered fell into the following three categories: healthcare, government employment, and leisure/hospitality. Overall, it appears that the labor market has improved slightly, and there could be room for rate cuts next year if inflation continues to improve. However, the Federal Reserve will likely hold rates steady for several more months, before considering rate cuts. US inflation The US CPI Index only rose by [3.1% YoY]( in November, which is a positive sign for the economy. Although this is far from the 2% target, these consistently lower ratings have allowed the Federal Reserve to avoid additional rate hikes. Much of this [improvement]( is attributable to the continued decline in energy prices. Source: BLS As seen in Wednesday’s market performance, the market will likely respond positively to positive inflation and interest rate announcements. The End of Rate Hikes: A Global Trend Beginning? Subscribe to Elite Growth Stocks to read the rest. Become a paying subscriber of Elite Growth Stocks to get access to this post and other subscriber-only content. [Upgrade]( A subscription gets you: ✓ Monthly stock picks with 10X growth potential ✓ Premium Market Insights twice per month where we analyze the trends that are moving markets ✓ Instant access to 5 exclusive reports on top stocks in high growth industries ✓ Ad-free version of our daily newsletters [tw]( [ig]( [yt]( [tk]( *Standard message/carrier rates may apply. Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website, which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside these emails. [Privacy Policy]( | [Terms of Service]( Update your email preferences or unsubscribe [here]( © 2023 Elite Trade Media LLC 1969 Alafaya Tr., Suite #247 Orlando, Florida 32828, United States of America