- Porter's Daily Journal
- Posts
- Heeding Buffett’s Warning
Heeding Buffett’s Warning
Porter's Journal Issue #3, Volume #2
(No One Else Is Going To Tell You)
This is Porter & Co.’s free e-letter, the Daily Journal. Paid-up members can access their subscriber materials, including our latest recommendations and our “3 Best Buys” for our different portfolios, by going here.
Table of Contents
Three Things You Need To Know Now:
1. Fed rate-cut odds plunge following strong jobs report. This morning, the Bureau of Labor Statistics reported U.S. payrolls grew 65% more in December than the 155,000 increase Wall Street economists had forecasted. Following the mixed bag of employment data earlier this week, today’s strong report caused the odds of a March rate cut to fall to just 25% from 41% yesterday, according to the CME’s FedWatch tool.