Did you know that a 1% decrease in interest rates can increase stock market valuations by up to 10%?

Small changes in interest rates can have outsized effects on the market, so don’t underestimate the power of monetary policy.

In today’s edition of our newsletter, here are our articles:

• Nvidia Is Back In The $3 Trillion Club—What Comes Next For The Stock: First, Nvidia is riding high again thanks to surging demand for AI hardware 🖥️

• Yield Curve Is Steepening: Next, the yield curve is finally sloping upward again 📈

• The Global Economy On Track As Inflation Is Tamed: Finally, a cycle of interest rate cuts is expected to boost stock market returns worldwide 📉

Stay tuned for more insights and updates on the stock market. Let’s go!

P.S. On Thursday and Friday, our esteemed economist and writer Seth Antiles will be taking a few days off to celebrate Rosh Hashanah. We thank you for your understanding!

Nvidia Is Back In The $3 Trillion Club—What Comes Next For The Stock 🖥️

After several rough weeks, Nvidia is rallying again as positive sentiment around demand for artificial intelligence continued to drive chip stocks.

The stock is back in favor after upbeat projections about the need for AI hardware, and its market value jumped past the $3 trillion threshold once again.

Adding to the positive outlook for the broader semiconductor sector, memory-chip maker Micron Technology reported quarterly earnings and strong guidance after market close last week citing “robust AI demand.”

Micron has become a key supplier of HBM, or high-bandwidth memory, for Nvidia graphics-processing units that are used in AI data center servers.

Micron’s bullish outlook for HBM demand bodes well for Nvidia’s revenue growth next year and suggests the run isn’t over for AI stocks 🤖

Yield Curve Is Steepening 📈

There is much talk about the yield curve lately—the differential between 10-year and 2-year government bond yields.

It had been inverted for a record setting period, over two years.

Historically inverted yield curves have preceded recessions.

But not this time.

The yield is once again upward sloping, which means 10-year government bond yields are higher than 2-year yields.

If economists were worried about a recession, they should be much less worried now 😌

💰 Your New Income Generator 💰

Get an exclusive sneak peek into this secret income generator - Right In Your Pocket

1. Blow Away The Competition: Use this little-known stock market loophole to make $500-$1,000 DAILY.

2. Streamlined Trading System: This 5-step system is so easy to learn that anyone from college dropouts to 80-year-old grandmas can get started with it.

3. No Experience Or Equipment Needed: All you need is your phone or laptop, an internet connection, and 1-2 hours a day, and you’ll be ready to get going.

If you’d like to know more, sign up now for a free training that shows you exactly how you can get started.

The Global Economy On Track As Inflation Is Tamed 📉

After a two-year long battle, Central Banks around the world have finally tamed inflation.

Now, they have begun a cycle of interest rate cuts that will likely last for many months.

So far, it seems that most major economies have avoided painful recessions, and now, lower interest rates should add more fuel to stock market returns 💰

Inner Circle Global Macro Update 🔍

If you wish to gain access to our Inner Circle Global Macro Update, packed with exclusive insights from award-winning portfolio manager and economist Seth Antiles, with secrets that’ll give you an edge in the stock market, be sure to upgrade by clicking the button below 👇️