Goldman expects Chinaโs ๐จ๐ณ GDP to expand 4.9% this year, up from 4.7% previously. It also lifted its GDP prediction for next year to 4.7% from 4.3% - Bloomberg
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BREAKING: ๐ฉ๐ช The German Economy is now likely in a Recession with no more growth seen this year, per Bloomberg
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@Fin_Watch
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๐บ๐ธ Federal Reserve reduced its balance sheet by $66 billion last month, now at the lowest level in more than 4 years
@Fin_Watch
@Fin_Watch
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๐จ๐จ Amazon, $AMZN, could cut 14,000 managers and save $3 billion a year, according to Morgan Stanley
@Fin_Watch
@Fin_Watch
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๐ Goldman Sachs today raised its price target on Facebook $META to $636 up from $555 while maintaining its Buy rating.
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@Fin_Watch
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๐ฅ Chances of winning ๐บ๐ธ US Presidential Election.
Trump: 54% chance
Harris: 46% chance
(Based on polls and prediction markets)
@Fin_Watch
Trump: 54% chance
Harris: 46% chance
(Based on polls and prediction markets)
@Fin_Watch
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๐จ๐จ JUST IN: ๐บ๐ธ Stock trading should be illegal for members of Congress - US Congressman Matt Gaetz
@Fin_Watch
@Fin_Watch
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@Fin_Watch
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JUST IN: ๐จ๐ณ China is reportedly looking to tax its ultra-rich individuals overseas, those who have put wealth into non-chinese real estate or had large investment gains, per Bloomberg
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@Fin_Watch
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๐บ๐ธ Kamala Harris says she will legalize marijuana in the United States to "break down unjust legal barriers that hold Black men back."
@Fin_Watch
@Fin_Watch
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Apple is now up 2.6% to $237.31, reaching an intraday historical high, with a total market value of $3.61 trillion.
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๐บ๐ธ Donald Trump takes biggest lead in the election so far, up by 14.2% in the odds according to Polymarket
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Brian Moynihan says BofA anticipates up to two more rate cuts this year, projecting a terminal rate of around 3% by the end of 2025.
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๐บ๐ธ Kamala Harris has released a policy plan for Black Men in America. It consists of:
- a fully forgivable $20k loan to start a business
- protect crypto investment stocks
- legalize recreational marijuana
- education and mentorship
- national health initiative
@Fin_Watch
- a fully forgivable $20k loan to start a business
- protect crypto investment stocks
- legalize recreational marijuana
- education and mentorship
- national health initiative
@Fin_Watch
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BREAKING: ๐จ 512 large US companies have declared bankruptcy year-to-date, only 6 less than during the 2020 pandemic.
Outside of the pandemic, this is the largest number of bankruptcies in 14 years.
@Fin_Watch
Outside of the pandemic, this is the largest number of bankruptcies in 14 years.
@Fin_Watch
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๐บ๐ธ Google backs construction of 7 nuclear reactors in the U.S. to power its Ai data centres - WSJ
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@Fin_Watch
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๐บ๐ธ Minneapolis FED President Kashkari says #Bitcoin remains worthless after 12 years ๐คก
@Fin_Watch
@Fin_Watch
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@Fin_Watch
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