🇺🇸 Blackrock, $BLK, CEO Fink has said, "I don’t think inflation will get back to 2% anytime soon," per CNBC.
@Fin_Watch
@Fin_Watch
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🇺🇸 JPMorgan CEO Dimon says US economy is booming
JPMorgan Chase, opens new tab CEO Jamie Dimon expressed confidence in a robust U.S. economy backed by strong employment and healthy consumer finances.
@Fin_Watch | link
JPMorgan Chase, opens new tab CEO Jamie Dimon expressed confidence in a robust U.S. economy backed by strong employment and healthy consumer finances.
@Fin_Watch | link
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🚨🚨🚨 The total assets of Cathie Wood’s funds are shrinking rapidly, and the flagship #ETF has fallen 16% this year.
Investors have withdrawn a net amount of $2.2 billion from the 6 actively managed ETF managed by Cathie Wood's #ARK Investment Management company since the beginning of this year.
@News_Crypto
Investors have withdrawn a net amount of $2.2 billion from the 6 actively managed ETF managed by Cathie Wood's #ARK Investment Management company since the beginning of this year.
@News_Crypto
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🚨🚨 JUST IN: 🇺🇸 President Biden officially signs bill to ban #TikTok unless its owner, ByteDance, agrees to sell the platform.
@Fin_Watch
@Fin_Watch
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🇺🇸 The cost to service US Federal debt is now takes up a record ~12% of US government spending.
This is up sharply from just ~7% in 2020 and ~9% in 2022.
@Fin_Watch
This is up sharply from just ~7% in 2020 and ~9% in 2022.
@Fin_Watch
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📣 Robinhood $HOOD said it now has more than 1 Million people signed up to the waitlist for its credit card
@Fin_Watch
@Fin_Watch
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🚨🚨🚨 JUST IN: 🇺🇸 President Biden proposes a 44.6% capital gains tax, the highest in history.
The proposal also includes a 25% tax on unrealized gains for high-net-worth individuals.
@Fin_Watch
The proposal also includes a 25% tax on unrealized gains for high-net-worth individuals.
@Fin_Watch
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BREAKING: 🚨 Meta stock, $META, has now erased $240 BILLION of market cap after reporting earnings, down as much as 19%.
If $META closes at current levels tomorrow, it will mark the BIGGEST EVER 1-day loss of market cap by a stock.
@Fin_Watch
If $META closes at current levels tomorrow, it will mark the BIGGEST EVER 1-day loss of market cap by a stock.
@Fin_Watch
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1. $META beats earnings expectations, stock down 10%
2. $TSLA misses earnings expectations, stock up 19%
3. Markets price-out 4 rate cuts, gold hits all time high
4. Gold hits all time high, bond prices hit 6-month low
5. Geopolitical tensions worsen, #Bitcoin prices crash
6. Mortgage rates rise, housing prices push higher
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📣 Elon Musk says Tesla should be valued as an AI robotics company, not a car company.
@Fin_Watch | link
@Fin_Watch | link
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🇺🇸 US Oil Fund $USO, the biggest oil ETF, just saw a daily outflow of almost $400 million, the largest in history
@Fin_Watch
@Fin_Watch
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1. Economic data weaker than expected: Sell stocks, we are heading into a recession
2. Economic data stronger than expected: Sell stocks, inflation is on the rise
3. Economic data as expected, Sell stocks, higher for longer is back
@Fin_Watch
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