On August 15, 2024, defendant Yakov Cohen was sentenced to 66 months of imprisonment to be followed by 3 years of supervised release. Restitution is likely to be determined on or before October 11, 2024. The PCE Price Index (Personal Consumption Expenditures Price Index) is a key measure of inflation in the United States and is the Federal Reserve’s preferred gauge for tracking how prices are changing for consumers. This highly anticipated report gives key insight into the upcoming direction of monetary policy, which has tremendous implications for both equity and bond valuations.
Investors and traders anticipate a significant week ahead, marked by a series of pivotal economic reports. As a Premium Plus member, you’ll get 1 credit a month to buy any title you like from our entire collection. Credits rollover each month until they expire or the membership is cancelled. You’ll also get access to thousands of included titles in the Plus Catalogue, and you’ll never pay more than the regular price of membership for any additional audiobook purchase. As a Standard member, you can select 1 audiobook a month from our entire collection. You can listen to your selected audiobooks for as long as you’re a member, and purchase additional audiobooks for the full price.
September Jobs Report Shows Payrolls Grew By 263,000, Labor Market Cooled Some
Differentials between the 10Y and 2Y yield are closely watched when calling out an inverted #yieldcurve. This differential rate is very close to turning positive – indicating a possible upcoming un-inversion of the yield curve, a historically accurate phenomenon preceding an upcoming #recession. The 10Y-2Y differential rate last approached positive territory during October 2023 before receding to familiar negative territory. Coincidentally (or not), #equitymarkets began their end-of-year rally the same day the differential rate began to pull back down – November 1st, 2023. Periods of economic uncertainty—marked by inflation, market volatility, and geopolitical instability—leave many investors feeling anxious and unsure.
The court subsequently handed down an order holding Maarek liable for paying restitution to victims in the sum of $1,591,077. The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous month. This week’s unemployment report will reflect the currently standing unemployment report for the month of April. It is a key report, focused on by all market participants worldwide, including Federal Reserve Board members.
Market Reactions
On June 28, 2024, defendant Sabrina Elofer was sentenced to time served and three years of supervised release. In addition, she was ordered to pay $2,924,982.00 in restitution. One of Tori’s core teachings is that economic uncertainty is not an anomaly—it’s part of the cycle. Booms and busts, bull and bear markets, interest rate hikes and recessions—these are all recurring elements of economic life. By understanding this rhythm, Tori explains, investors can better prepare themselves and avoid knee-jerk reactions. Welcome to Markets Made Simple designed for young to middle-aged investors who want to learn and become more familiar with financial markets.
Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy’s health. Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity.
The show will include periodic overviews of key financial market events, how to interpret those events, and educational background on variously related topics. Investors and traders are preparing for tomorrow’s Federal Open Market Committee (FOMC) press conference. Investors will closely monitor several key themes and signals, particularly in light of the evolving economic landscape. During your free trial, you can enjoy the same benefits as a paying member. When your trial is over, you’ll be automatically charged a monthly subscription fee.
On November 3, 2023, defendant Nissim Alfasi was sentenced to 18 months of imprisonment to be followed by three years of supervised release. In addition, Alfasi was ordered to pay $4,679,527 in restitution. On January 2, 2024, defendant Afik Tori was sentenced to 20 months of imprisonment to be followed by three years of supervised release. On August 1, 2024, defendant Oron Montgomery was sentenced to 8 months of imprisonment to be followed by 3 years of supervised release. On July 17, 2020, defendant Anog Maarek was sentenced to eight (8) months’ imprisonment to be followed by three (3) years’ supervised release.
Prof. Amir Yaron said that the interest rate will continue to climb and he reprimanded the banks for being slow to update interest paid on deposits. The FBI found in its investigations that Yukom brands have betrayed investors to the tune of $140 million between 2016 and 2017, while only $20 million of this amount was paid back to defrauded victims during this period. Any audiobooks you’ve purchased with cash or credits are yours to keep even after you cancel your membership. You lose access to titles from the Plus Catalogue and to any audiobook selections you have made as an Audible Standard member. You will regain access to locked titles when you are in a membership.
On October 20, 2023, defendant Gilad Mazugi was sentenced to 10 months of imprisonment to be followed by three years of supervised release. In addition, Mazugi was ordered to pay $1,531,341 in restitution. On October 30, 2023, defendant Ori Maymon was sentenced to 36 months of imprisonment to be followed by three years of supervised release. In addition, Maymon was ordered to pay $1,899,074 in restitution.