GRATITUDE is my key word for 2024. It has been my best year since joining Tiger Brokers for the past 3 years. The bullish run in the US market has been profitable most of the time. Cheers & hope for another fruitful journey to all ahead! @koolgal @Barcode
Time to take a break//@LimLS:Looks like the previous talk of inflation had peaked is no longer valid. Chances of 0.5 hike in Sept will be high. In fact, if a 0.75 hike is being propose for June, I will not be surprised. But let's hope this will not happen for 15th June FOMC. Because if this really happens, the market will fall even further. Fed is now stuck in a tough position. They cannot slow down in their hike/QT to take care of the falling market. They cannot increase too fast because this might cause the economy to suffer due to rising rates. Most likely Fed will persist on hike as they have already warned about incoming "pain" and they also have the trust issue. They cannot flip flop on their hike decision else people will no longer
Wall Street Suffers Biggest Weekly Loss Since January After Hot CPI Data
$Taiwan Semiconductor Manufacturing(TSM)$ One of the most important clogs in the chain of computer technology, it is undervalued mainly due to the fact that it is not based in the US. However, it will continue to shine.