🇺🇸 The Fed in January 2008 vs July 2023.

@Fin_Watch

🇺🇸 The Fed Since 2020:

1. Mar 2020: Inflation won’t be a problem
2. Jan 2021: Inflation is “transitory”
3. Sept 2021: Interest rates won’t rise until 2024
4. Jan 2022: Recession is needed to lower inflation
5. Dec 2022: Disinflation has begun
6. Feb 2023: A “soft landing” is possible
7. Mar 2023: Banking system is “stable”
8. NOW: Fed staff “no longer expects a recession”

Not a single statement has been correct.

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🇬🇧 UK property sellers have cut their asking prices for the first time this year, per Bloomberg.

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🇩🇪 German house prices for existing homes fell 13.1% YoY in June (the largest decline since October 2004), down from -11.7% YoY in May

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🇮🇳 BlackRock, world's LARGEST asset manager, is launching a MASSIVE 'digital-first' investment venture with Jio Financial Services in INDIA

@Fin_Watch | link

📊 World Indices :

SPX - 4,575.54 (0.84%)

🚀 Cryptocurrencies :

Bitcoin USD - 29,289.81 (-0.54%)
Ethereum USD - 1,870.71 (-0.19%)

🌟 Commodities :

Silver - 24.455 (0.36%)
Gold - 1,995.80 (0.53%)
Crude - 79.66 (-0.54%)

@Fin_Watch

📣 Elon Musk just said 𝕏 (Twitter) currently has 541.5M monthly active users

@Fin_Watch | link

🇺🇸 Heartland Tri-State Bank, worth over $139 million, has just been forced by regulators to halt all operations and shut down indefinitely.

This is now the 5th US bank failure this year.

@Fin_Watch

📊 World Indices :

SPX - 4,582.23 (0.99%)

🚀 Cryptocurrencies :

Bitcoin USD - 29,293.28 (0.01%)
Ethereum USD - 1,873.05 (0.15%)

🌟 Commodities :

Crude - 80.67 (0.72%)
Silver - 24.475 (0.44%)
Gold - 1,998.20 (0.65%)

@Fin_Watch

📣 Google $GOOGL acquired YouTube for $1.65 Billion back in October 2006

In just Q2 2023 YouTube brought in $7.67 Billion of revenue from ads

@Fin_Watch

📊 World Indices :

SPX - 4,582.23 (0.99%)

🚀 Cryptocurrencies :

Bitcoin USD - 29,283.61 (-0.03%)
Ethereum USD - 1,873.01 (-0.0%)

🌟 Commodities :

Gold - 1,998.20 (0.65%)
Silver - 24.475 (0.44%)
Crude - 80.67 (0.72%)

@Fin_Watch

🇪🇺 Worldcoin’s official launch triggers swift privacy scrutiny in Europe

@Fin_Watch | link

🇺🇸U.S. ECONOMIC DATA THIS WEEK:

ISM MANUFACTURING PMI (TUES.)
JOLTS (TUES.)
ADP PAYROLLS (WED.)
JOBLESS CLAIMS (THURS.)
ISM SERVICES PMI (THURS.)
NONFARM PAYROLLS (FRI.)
UNEMPLOYMENT RATE (FRI.)

@Fin_Watch

📣 Elon Musk says he will execute on his 22-year plan to make X the most valuable financial institution in the world.

@Fin_Watch