Fed's preferred inflation gauge rose in September as third-quarter GDP beats expectations

Impact · against what's priced in

Macro data confirms a higher-for-longer rate environment that reinforces current valuation pressures for Google and Robinhood. While Robinhood's CEO highlights growth, the underlying economic data validates the risks the market has already priced into both names.

HOOD−0.10: Already priced in
The price assumes: the risk that rising interest rates and a potential Federal Reserve hike will compress valuations

Fed's preferred inflation gauge rose in September as third-quarter GDP beats expectations

What matters in this story

Nasdaq futures plunge 260 points: 5 things to know before Wall Street opens

Fed's preferred inflation gauge rose in September as third-quarter GDP beats expectations

What matters in this story

Nasdaq futures plunge 260 points: 5 things to know before Wall Street opens

How each ticker is affected

Track these names every morning.

Beyond the Treasury Rally, Conditions Remain Tight

Inflation Accelerated in October, PCE Index Shows

The Fed Is Impotent And Done Raising Rates

PCE Inflation Accelerated Last Month

Fed's preferred inflation gauge rose in September as third-quarter GDP beats expectations

What matters in this story

Next reads from the same story arc

Nasdaq futures plunge 260 points: 5 things to know before Wall Street opens

Fed's preferred inflation gauge rose in September as third-quarter GDP beats expectations

What matters in this story

Next reads from the same story arc

Nasdaq futures plunge 260 points: 5 things to know before Wall Street opens

How each ticker is affected

Track these names every morning.

Beyond the Treasury Rally, Conditions Remain Tight

Inflation Accelerated in October, PCE Index Shows

The Fed Is Impotent And Done Raising Rates

PCE Inflation Accelerated Last Month