To The Moon

All eyes will be on latest US consumer and producer inflation data slated to be released tonight and tomorrow respectively, as the market gauges the extent which the Fed's monetary tightening has managed to curb rising prices, while investors brace for its rate decision at the conclusion of its FOMC meeting on Wednesday. While the market has priced in a pause in the rate hike, as the Fed is increasingly wary of tipping the economy into a deep recession amidst tightening liquidity after the fallout of a number of regional banks, I remain cautious that the Fed may surprise the market with another interest rate increase as inflation remains unacceptably high, much higher than the 2% target. Nevertheless, I’m hopeful that there will be a pause in rate tightening cycle, giving the high-tech industry a shot in its arm, as it offers a relief to the increasing interest rate to fuel growth and expansion. I’m particularly optimistic of the semiconductor sector $Semiconductor Bull 3X Shares(SOXL)$ that is among the beneficiaries of the on-going hype on artificial intelligence, as chip makers rush to innovate and churn out increasingly sophisticated chips to fuel the performance-hungry AI demands. @TigerStars @CaptainTiger @MillionaireTiger @TigerWire @TigerEvents