Fed decision LOOMS amid INTENSE political pressure

• Big Tech earnings (Meta, Microsoft, Tesla today; Apple tomorrow) are a major focus, with AI investments expected to drive growth.
• The Federal Reserve is expected to hold interest rates steady, with all eyes on Chair Powell's press conference for future policy clues.
• The market rally is broadening beyond Big Tech, with materials, energy, consumer staples, healthcare, and industrials showing strong gains.
• Consumer confidence is at a 12-year low, and the dollar index is tumbling, while gold and silver are rallying, indicating underlying economic concerns.
• Concerns were raised about Big Tech monopolies and potential government actions or geopolitical retaliations impacting their profits.

The financial market faces a pivotal week with major Big Tech earnings, a Federal Reserve decision, and ongoing political commentary on the economy. While the S&P 500 hits record highs, the rally is broadening beyond the 'Magnificent Seven' tech giants, with other sectors showing strength. However, low consumer confidence and geopolitical risks introduce caution.