Read here: The Federal Reserve is set to reveal its updated "dot-plot" of rate projections at 2 p.m. ET, which previously hinted at three rate cuts in 2024. Speculation suggests this could be revised to two cuts. Following this, Fed Chair Powell will hold a news conference at 2:30 p.m. ET. While markets are slightly leaning towards a June rate cut, it remains uncertain. #stocks #stock #stockmarket #stocktok #investing #invest #stockstobuy #nvidia

Read: The recent decline in Nvidia's stock, along with other major tech companies, over the past year has been noteworthy. However, Nvidia's exceptional performance in the latest quarter could reinforce confidence in the tech sector, which has been beneficial for the overall market. According to Phillip Colmar of MRB Partners, equities are currently benefiting from strong earnings growth and more robust economic activity than initially anticipated. Nevertheless, Colmar cautioned that stocks could experience a downturn if economic growth becomes reflected in higher bond yields. Colmar highlighted that mega-cap U.S. stocks, often referred to as the 'Magnificent 7,' are currently overvalued. They have exceptionally high earnings expectations and valuations, leaving little room for disappointment. He pointed out that while the recent rally driven by Nvidia has been impressive, it still carries inherent risks due to the cyclical nature of semiconductor stocks. #stockmarket #stocks #stock #stocktok #stockmarketnews #investing #nvidia

The U.S. Department of Labor's report indicates that wholesale prices experienced a greater-than-anticipated increase in January, adding complexity to the inflation outlook #stockmarketnews #stocks #stockmarket #finance #stock #investing #news

Despite Grantham's warnings, it's acknowledged that the U.S. stock market and economy have defied similar predictions in the past, and their future trajectory remains uncertain. #finance #stockmarket #stocks #financetok #investing #stocktok

Stock Market Report for Today, January 16th 📝 *Share prices may have changed during the process of editing; current peice will be shown in the video* 👍 #stocks #stockmarket #investing #invest #stocktok #money #moneytok