GDPNow for Q4 at 5.1% is considerably higher than Goldman Sachs at 3.1%, and St. Louis Fed at essentially zero. Employment indicators continue to diverge from output indicators, most recently monthly GDP:

Global markets opened Tuesday on a buoyant note, led by a rally in Asian equities driven by optimism around artificial intelligence, while uncertainty over US monetary policy and geopolitics pushed investors toward safe havens such as gold.

The EUR/GBP pair trades in a tight range around 0.8650 during the European trading session on Tuesday.

The analyst reviews Nasdaq 100 Elliott Wave counts, exploring multiple alternate structures as the index approaches a potential major top.