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🇺🇸 Federal Reserve Chair Jerome Powell said this week that recent inflation data have indicated it will likely take longer for the central bank to attain the confidence needed to lower interest rates, per Bloomberg.
@Fin_Watch
@Fin_Watch
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📊 Markets this month:
1. Tech stocks are falling like the AI bubble has popped
2. All other stocks are rising like we are in a bull market
3. Gold prices are rising like we are entering World War 3
4. Bond prices are falling like everything is completely fine
5. Oil prices are rising like inflation is heading to 5%
6. US Dollar is rising like inflation is completely gone
@Fin_Watch
1. Tech stocks are falling like the AI bubble has popped
2. All other stocks are rising like we are in a bull market
3. Gold prices are rising like we are entering World War 3
4. Bond prices are falling like everything is completely fine
5. Oil prices are rising like inflation is heading to 5%
6. US Dollar is rising like inflation is completely gone
@Fin_Watch
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🇷🇺 Russia says the $61 billion US funding package for Ukraine will k*ll even more Ukrainians.
@Fin_Watch
@Fin_Watch
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🚨🚨🚨 JUST IN: US House Speaker Johnson says that China's 🇨🇳 president Xi Jinping, Russia's 🇷🇺 Putin and Iran 🇮🇷 are 'truly the axis of evil'.
@Fin_Watch
@Fin_Watch
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📣 Nike $NKE CEO John Donahoe said employees working from home was a major reason for the company’s recent lack of bold innovation
@Fin_Watch
@Fin_Watch
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🇺🇸 Trump Media warns Nasdaq of suspected market manipulation
Trump Media, the parent company of the former president’s Truth Social, alerted Nasdaq Inc. on Thursday of what the company suspects is illegal activity driving down the price of its shares.
@Fin_Watch | link
Trump Media, the parent company of the former president’s Truth Social, alerted Nasdaq Inc. on Thursday of what the company suspects is illegal activity driving down the price of its shares.
@Fin_Watch | link
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🚨🚨🚨 On Friday, Nvidia, $NVDA, fell by 10% and posted its biggest daily decline since March 2020. 📉 📉 📉
Nvidia erased ~$212 billion in market cap which marked the SECOND worst daily loss in history.
Only Meta, $META, has seen a larger daily decline when its market cap plunged by $232 billion in February 2022.
@Fin_Watch
Nvidia erased ~$212 billion in market cap which marked the SECOND worst daily loss in history.
Only Meta, $META, has seen a larger daily decline when its market cap plunged by $232 billion in February 2022.
@Fin_Watch
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1. March New Home Sales data - Tuesday
2. Durable Goods Orders data - Wednesday
3. US Q1 2024 GDP data - Thursday
4. March Pending Home Sales data - Thursday
5. March PCE Inflation data - Friday
6. ~20% of S&P 500 companies report earnings this week
@Fin_Watch
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🚨🇷🇺 PRESIDENT PUTIN says if oil producers in the Middle East stop using the 🇺🇸 US DOLLAR, it will be the END OF THE DOLLAR.
@Fin_Watch
@Fin_Watch
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🚨🚨🚨 Apple removes WhatsApp and Instagram Threads from China🇨🇳 App Store on orders from Beijing.
Experts have suggested that the move by Apple can bring tensions between the US 🇺🇸 and China 🇨🇳 over technology and other policies.
@Fin_Watch
Experts have suggested that the move by Apple can bring tensions between the US 🇺🇸 and China 🇨🇳 over technology and other policies.
@Fin_Watch
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🔥 Tesla cuts US 🇺🇸 prices of Models Y, X, S by $2,000.
Elon Musk's electric-vehicle (EV) maker lowered the prices for its Model Y base variant to $42,990, while the long-range and performance variants are now priced at $47,990 and $51,490, respectively, according to its website.
@Fin_Watch
Elon Musk's electric-vehicle (EV) maker lowered the prices for its Model Y base variant to $42,990, while the long-range and performance variants are now priced at $47,990 and $51,490, respectively, according to its website.
@Fin_Watch
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🇮🇳 India: 1,533 million
🇨🇳 China: 771 million
🇳🇬 Nigeria: 546 million
🇵🇰 Pakistan: 487 million
🇨🇩 Congo: 431 million
🇺🇸 US: 394 million
🇪🇹 Ethiopia: 323 million
🇮🇩 Indonesia: 297 million
🇹🇿 Tanzania: 244 million
🇪🇬 Egypt: 205 million
🇧🇷 Brazil: 185 million
🇵🇭 Philippines: 180 million
🇧🇩 Bangladesh: 177 million
🇳🇪 Niger: 166 million
🇸🇩 Sudan: 142 million
🇦🇴 Angola: 133 million
🇺🇬 Uganda: 132 million
🇲🇽 Mexico: 116 million
🇰🇪 Kenya: 113 million
🇷🇺 Russia: 112 million
🇮🇶 Iraq: 111 million
🇦🇫 Afghanistan: 110 million
@Fin_Watch
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Since 2022, 🇨🇳 China has bought a record ~290 tonnes of gold. Last year alone, China acquired more than 225 tonnes of the metal.
@Fin_Watch
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🇺🇸 Bank of America CEO Brian Moynihan says the US' $34.5 trillion national debt is "not something to raise alarm on."
@Fin_Watch
@Fin_Watch
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🚨🚨🚨 JUST IN: 🇺🇸 US House passed a bill that will confiscate Russian 🇷🇺 assets worth billions of dollars and give them to Ukraine 🇺🇦 for reconstruction.
Russia has $300 BILLION frozen in US, Europe and Japanese 🇯🇵 banks.
@Fin_Watch
Russia has $300 BILLION frozen in US, Europe and Japanese 🇯🇵 banks.
@Fin_Watch
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🌍 World Economic Forum Study Reveals 98% of Central Banks Are Eyeing CBDCs.
The World Economic Forum examines wholesale #CBDCs, exploring initiatives, use cases, and the potential to address industry challenges.
@Fin_Watch
The World Economic Forum examines wholesale #CBDCs, exploring initiatives, use cases, and the potential to address industry challenges.
@Fin_Watch
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