Monday, December 23, 2024
Wednesday, December 18, 2024
Feds gave the pre-XMas gift to market
although a quarter point cut is announced which is what was expected, but thinking about about fewer cuts next year ..market dropped 4.2% from its high ..!
Wednesday, December 11, 2024
Monday, December 9, 2024
NY governer wants to send $300 checks to fight inflatation ...
how sending more money towards same good decreases inflation ... someone tell this to Dems ..!
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NFP 162K .. higher than expected ...
But not enough for a rate hike ..!
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because inflation is a monetary phenomenon .. it rises in proportion to the money supply (mostly reckless spending by congress) or a reducti...
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as Fed have been raising Federal rates (short-term) this year, market has been dropping long-term rates since Jun 15th anticipating downturn...
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And GooG issues new stock to generate $80B to invest in AI buildup .. now that's smart .. but who's?