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A wild week focused heavily on the U.S.'s desires for Greenland finished out with a mixed session on Friday. For the week as a whole, the major indices would all end in the red due to Tuesday's huge tumble.
Foreign investments into U.S. treasuries are critical to financing our ever-growing debt. But now, as global dramas such as Greenland hit the markets, some of that foreign investing is heading for the exits.
Canada is back in the U.S.'s crosshairs as trade discussions with China spark more tensions. President Trump is threatening serious new tariffs if Canada violates any deals with the U.S. to work with Beijing.
The Fed's preferred readout on inflation didn't bring any surprises in the delayed reports for October and November. Price gains remain well above the Fed's target level, but the pace was within estimates.
U.S. consumer confidence over the state of the economy is picking up steam. The findings in the final sentiment survey for January jumped by the most since June as overall sentiment hit a 5-month high.
The schedule for the new week is loaded with several headliners. The biggest will come Wednesday with the Fed expected to pause its rate cutting. Also ahead, the new PPI and four of the Mag7's earnings.
Investment advisory services offered through Integrated Advisors Network LLC, a Registered Investment Advisor