Welcome Back,

Market Headlines 👀 

• US government leaders agreed to a $1.66t spending bill over the weekend, needs to go through Congress still. Deadline ahead for a potential shutdown on January 19th.

• Apple (AAPL) announces Vision Pro headset to arrive on February 2nd.

• Boeing (BA) stock tumbles today after a plane panel blows out mid-flight in air over the weekend.

• Johnson & Johnson (JNJ) announces it will acquire cancer treatment developer Ambrx for $2b.

• Boston Scientific (BSX) announces acquisition of Axonics for $~3.4b a medical technology company.

• Twilio (TWLO) starts the year topping the $45k mark for the first time since April 2022.

SPX Heatmap 🔥 

Recap Around the Street 🧠

The expectation is further slowdown in trailing inflation readings as well as annualized 3 month averages. Will the disinflationary forces be enough to justify a rate cut in March?(Contributed by Benjamin Lavine, CIO at Freedom Investment Management (3D)).

Market Preview 🎞️

• Tuesday, January 9th: NFIB small business optimism; Trade balance

• Wednesday, January 10th: MBA mortgage applications; Wholesale inventories

• Thursday, January 11th: Weekly jobless claims; Consumer price index (CPI), Monthly budget statement

• Friday, January 12th: Price producer index (PPI)

• Friday earnings: Jp Morgan (JPM), BlackRock (BLK),

  Bank of America (BAC), United Health Group (UNH), Citigroup (C), Delta Airlines (DAL) and Wells Fargo (WFC)

• —> Podcast spotlight: Pounding the Table 👊 : listen now; where you will find in-depth analysis around these highlights, read company deep dives, and interviews with public CEO's!

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That’s all for today, folks! We’ll be back around the same time Thursday with a curated list of important news, economic data and market highlights. 

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