Outlooks were stable to positive, dampened by concern over inflation, the level of demand, and geopolitical and domestic policy uncertainty. Read more in the latest Beige Book:

Weekly Outlook 📝 Week of 11/9 to 11/13 Lighter earnings week, so macro should matter more. Main focus: • CPI Tuesday • PPI Friday • Heavy Fed speak • Post-midterm market reaction • Treasury yields • Iran/U.S. headlines • Oil • $OXY earnings Monday PM The biggest thing I’m watching is whether tech can stabilize after last week’s weakness and whether yields continue cooling. CPI Tuesday is the main scheduled catalyst. If inflation cools, that could help yields and growth. If it comes in hot, the recent relief can reverse quickly. Also keeping a close eye on Iran/U.S. developments and the Strait of Hormuz. Any renewed escalation can move oil fast and bring inflation concerns right back. Reaction over prediction. Inside Stock Hub, we’ll be tracking CPI/PPI, Fed commentary, post-midterm positioning, Iran/U.S. headlines, oil, options flow, premium alerts, gamma positioning, and market structure in real time.

WEAK OUTLOOKS FROM QUALCOMM AND ARM DEEPENED THE SELLING, SPARKING A BROADER FLIGHT TO SAFETY. TREASURY YIELDS FELL SIX BASIS POINTS TO 4.83%, BITCOIN DROPPED 5.4% TO $75,810, WHILE OIL ROSE 2.7% TO $90.54 A BARREL.

AMETEK OUTLOOK FY ADJUSTED EPS USD 8.53-8.57 VS. IBES ESTIMATE USD 8.37; NET INCOME USD 426.3 MILLION; SALES USD 2,220.306 MILLION VS. IBES ESTIMATE USD 2,125 MILLION; Q3 OPERATING INCOME USD 584.949 MILLION; Q3 PRETAX PROFIT USD 521.915 MILLION; Q3 EPS USD 1.85; Q3 BASIC EPS USD 1.86; Q3 ADJUSTED EPS USD 2.21 VS. IBES ESTIMATE USD 2.11

Consumers’ outlook for business conditions over the next six months was less pessimistic in latest @conferenceboard survey … share of respondents expecting conditions to improve rose to 17.7%, while the share expecting conditions to worsen dropped to 20.7% from 25.2% a month earlier

“The outlook is challenging for the AI trade. It is tough,” said Hao Hong, chief investment officer at hedge fund Lotus Asset Management. Market participants are worried CXMT “is going to increase capacity of the industry and create a price war,” he added. $FXI $KWEB $BABA $CQQQ $EWH $PGJ $YINN $YANG