To The Moon

The latest data showed that inflation continued to cool down, but the Federal Reserve officials suppressed the expectation of interest rate cuts, the US Treasury interest rate climbed, and the main index of the US stock market was mixed on Thursday (30 days). The Dow closed at a new high for the year, led by Salesforce and Boeing. Technology stocks were weak.On the data front, the U.S. Commerce Department said on Thursday that the personal consumption expenditures price index (PCE) rose 3.0 percent year-on-year, the slowest pace since March 2021, and the core PCE rose 3.5 percent year-on-year in October, in line with market expectations. The number of people continuing to claim unemployment benefits rose last week to its highest level since around the end of 2021, adding to evidence that t

US slips into Recession in 2024? For much of 2022, recession fears have been building against a sharp rise in interest rates and market uncertainty. Of late, has there been a shift in sentiment. With a resilient US economy, a growing number of investors are seeing an increasing likelihood of a “soft landing” —where the Fed raises interest rates to combat inflation without triggering a recession. However, many remain cautious. Below shows US economic forecasts for 2024, across (1) Wall Street, (2) Main Street, & (3) C-Suite. Do you recall, In July 2023 the Fed announced that they were no longer forecasting a recession in 2024, marking a sharp departure from earlier projections. On hindsight, does the Fed know what they were talking about 4 months ago? While the Fed staff continue to sha

$NASDAQ(.IXIC)$ increased by 10.7%, achieving double-digit gains! $DJIA(.DJI)$ notched a new 2023 high and capped off its best month in more than a year.Have You Profited From Top Stock Gains in Nov.? $Roku Inc(ROKU)$ : +75% $Coinbase Global, Inc.(COIN)$ : +62% $Block(SQ)$ : +58% $Shopify(SHOP)$ : +54% $Snap Inc(SNAP)$ : +38% $Cloudflare, Inc.(NET)$ : +36% $Palantir Technologies Inc.(PLTR)$ : +35%

They could join the ranks of Apple, Microsoft, and Alphabet.