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Inflation Stresses Retail Traders As Fed Cuts Look Unlikely, Crypto Doubts Increase: Survey

Overall optimism toward the U.S. stock market among retail traders has softened in the second quarter (Q2) of 2024. Some 46% of retail traders expressed a bullish outlook — a decrease from 53% in Q1, according to the latest Trader Sentiment Survey from Charles Schwab. Inflation is their top concern, rising from 9% to 19% quarter-over-quarter. The survey incorporated responses from 920 active traders holding retail assets of at least $2,000 with Schwab. Key Highlights Fed rate cuts: Trader expect ....

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PEAK ASSET: MORNING WRAP 24 August: ASX set to open higher | On Wall St: Dow +0.7% S&P +1.2% Nasdaq +1.8% |Spot gold +1.1%

24 August, 2023 TRADING HALTSGold 50 (ASX:G50): Proposed capital raiseVenus Metals (ASX:VMC): Pending news regarding the Youanmi lithium projectAvecho (ASX:AVE): Proposed capital raiseTriton Minerals (ASX:TON): Regarding the grant of a further Mining Concession in MozambiqueCOMMODITY/FOREX/CRYPTO MARKET PRICESGold: US$1,968.7 (-0.03%)Silver: US$23.25 (+0.01%)Nickel (3mth): US$20,863/t (-1.04%)Copper (3mth): US$8377.48/t (-0.03%)Oil (WTI): US$81.26 (-0.68%)Oil (Brent): US$84.63 (-0.71%)Iron 62pc Fe: US$107.41/t ....

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