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Economic Data

BTCUSD

Bitcoin and altcoins experienced significant price volatility following a hotter-than-expected inflation report from the U.S. Commerce Department. The core PCE Price Index rose 0.4% in February, exceeding economists' expectations and raising concerns about persistent inflation. Cryptocurrency markets saw Bitcoin drop below $85,000, while altcoins like Ethereum, Solana, and XRP also experienced notable declines.

Portfolio Pulse from

March 28, 2025 | 3:15 pm

COPJ

Despite overall market turbulence in March, certain sector ETFs have demonstrated resilience and outperformance. The article suggests that while Wall Street has experienced significant volatility, some market segments are showing strength and potential for investors.

Portfolio Pulse from

March 28, 2025 | 3:15 pm

SPY

The latest consumer sentiment data reveals a significant decline, reaching levels not seen since November 2022. This drop suggests growing economic concerns among consumers, potentially indicating challenges in consumer spending and overall economic outlook.

Portfolio Pulse from

March 28, 2025 | 3:00 pm

XAGUSD

Silver prices reached a five-month high near $34.60, driven by global trade concerns and expectations of US tariffs. Investors are viewing silver as a safe-haven asset due to potential economic slowdown and inflationary pressures. The US Dollar is weakening, and the Federal Reserve is expected to maintain a restrictive monetary policy in response to higher-than-expected core PCE inflation.

Portfolio Pulse from

March 28, 2025 | 3:00 pm

AWK

Illinois American Water President Rebecca Losli addressed the ASCE's 2025 Infrastructure Report Card, emphasizing the urgent need for significant water and wastewater infrastructure investments. The report reveals stagnant infrastructure conditions with grades of C- for water and D+ for wastewater. American Water plans to invest $40-$42 billion in water systems over the next decade, with $2 billion already invested in Illinois since 2013.

Portfolio Pulse from

March 28, 2025 | 3:00 pm

BTCUSD

COIN

The cryptocurrency market is experiencing significant volatility with Bitcoin falling to $85,000 and altcoins sliding ahead of key inflation data. Notable developments include Galaxy Digital's $200 million Terra-LUNA settlement and potential regulatory shifts under a potential Trump administration.

Portfolio Pulse from

March 28, 2025 | 3:00 pm

ETH

ETHUSD

Ethereum has experienced a significant decline against Bitcoin, dropping 74% since its proof-of-stake transition in September 2022. The cryptocurrency is facing challenges including reduced investor confidence, withdrawals from ETH ETFs, and a lowered price prediction from Standard Chartered. The upcoming Pectra mainnet upgrade might provide short-term sentiment boost.

Portfolio Pulse from

March 28, 2025 | 3:00 pm

SPY

The University of Michigan's consumer sentiment survey revealed a sharp decline in March, with the headline index dropping to 57 - its lowest point since 2022. This significant decrease suggests growing consumer pessimism about the current economic landscape, potentially indicating concerns about inflation, economic stability, and future financial prospects.

Portfolio Pulse from

March 28, 2025 | 2:45 pm

AMZN

APP

PDD

February's core inflation rate came in at 2.8%, higher than economists' predictions, causing market-wide declines. The Nasdaq Composite is down 1.82% with Magnificent Seven stocks contributing to the losses. Key market movers include PDD Holdings falling 4% and AppLovin rebounding 4% after previous day's sell-off.

Portfolio Pulse from

March 28, 2025 | 2:45 pm

IYF

KBWB

The financial sector is experiencing a potentially difficult period in 2025, characterized by higher valuations, slowing growth, and cyclical challenges. Despite previous strong performance with record revenues and profitability, the sector is expected to face headwinds that could impact investor sentiment.

Portfolio Pulse from

March 28, 2025 | 2:30 pm