🏦 #JPMorgan drained $50m client’s money for 5 years📉📉
At the age of 78, Peter Delger sold his company and retired and transferred his entire $50 million fortune to #JPMorgan on the condition that the bank act as a financial advisor and help raise capital.
After 5 years of investment, only $1.5 million 💔 was left of the $50 million, money lost on risky investments suggested by the bank's analysts. 🤯
@Fin_Watch
At the age of 78, Peter Delger sold his company and retired and transferred his entire $50 million fortune to #JPMorgan on the condition that the bank act as a financial advisor and help raise capital.
After 5 years of investment, only $1.5 million 💔 was left of the $50 million, money lost on risky investments suggested by the bank's analysts. 🤯
@Fin_Watch
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1. Core inflation still at 4%, double the Fed's target
2. The Fed beginning to backtrack on their "pivot"
3. Markets expecting 6-8 rate CUTS in 2024 while Fed expects 3
4. The $VIX trading at its lowest since 2020
5. US interest expense on track to top $1 trillion in 2024
@Fin_Watch
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📊 World Indices :
SPX - 4,719.19 (-0.01%)
🚀 Cryptocurrencies :
Bitcoin USD - 42,372.45 (0.16%)
Ethereum USD - 2,245.04 (-0.21%)
🌟 Commodities :
Gold - 2,033.80 (-0.54%)
Crude - 71.79 (0.29%)
Silver - 24.17 (-0.89%)
@Fin_Watch
SPX - 4,719.19 (-0.01%)
🚀 Cryptocurrencies :
Bitcoin USD - 42,372.45 (0.16%)
Ethereum USD - 2,245.04 (-0.21%)
🌟 Commodities :
Gold - 2,033.80 (-0.54%)
Crude - 71.79 (0.29%)
Silver - 24.17 (-0.89%)
@Fin_Watch
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📊 World Indices :
SPX - 4,719.19 (-0.01%)
🚀 Cryptocurrencies :
Bitcoin USD - 41,830.10 (-1.28%)
Ethereum USD - 2,208.11 (-1.65%)
🌟 Commodities :
Gold - 2,033.80 (-0.54%)
Silver - 24.17 (-0.89%)
Crude - 71.79 (0.29%)
@Fin_Watch
SPX - 4,719.19 (-0.01%)
🚀 Cryptocurrencies :
Bitcoin USD - 41,830.10 (-1.28%)
Ethereum USD - 2,208.11 (-1.65%)
🌟 Commodities :
Gold - 2,033.80 (-0.54%)
Silver - 24.17 (-0.89%)
Crude - 71.79 (0.29%)
@Fin_Watch
1. November Building Permits data - Tuesday
2. Consumer Confidence data - Wednesday
3. Existing Home Sales data - Wednesday
4. Q3 2023 GDP data - Thursday
5. November PCE Inflation data - Friday
6. New Home Sales data - Friday
@Fin_Watch
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📣 Sam Altman explains what happened during the past few weeks at #OpenAI
"As we get closer and closer to superintelligence, everybody involved gets more stressed and more anxious."
@News_Ai
"As we get closer and closer to superintelligence, everybody involved gets more stressed and more anxious."
@News_Ai
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📊 World Indices :
SPX - 4,719.19 (-0.01%)
🚀 Cryptocurrencies :
Bitcoin USD - 41,338.12 (-1.18%)
Ethereum USD - 2,156.64 (-2.33%)
🌟 Commodities :
Crude - 73.06 (2.28%)
Gold - 2,039.60 (0.19%)
Silver - 24.225 (0.29%)
@Fin_Watch
SPX - 4,719.19 (-0.01%)
🚀 Cryptocurrencies :
Bitcoin USD - 41,338.12 (-1.18%)
Ethereum USD - 2,156.64 (-2.33%)
🌟 Commodities :
Crude - 73.06 (2.28%)
Gold - 2,039.60 (0.19%)
Silver - 24.225 (0.29%)
@Fin_Watch
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📣 Qualcomm $QCOM has claimed that its new Snapdragon X Elite PC processor is 21% faster than Apple's $AAPL latest M3 chip in multi-core performance - MacRumors
@Fin_Watch
@Fin_Watch
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🇪🇺 EU Commission starts formal proceedings against Elon Musk's platform X (Twitter) citing "disinformation, illegal content, deceptive design.
@Fin_Watch
@Fin_Watch
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