#The Federal Reserve announced a 2-digit interest rate cut, ...
#The Federal Reserve announced a 2-digit interest rate cut, leading to the rapid strengthening of the Japanese yen! Today (19), the Japanese yen rose sharply by 0.8% to 143.35 against the US dollar, ranking first among Asian currencies in terms of recovery. However, fans of Japanese culture should also be concerned. Foreign exchange expert Chen Youzhong said that the Japanese yen is expected to appreciate in the next year, and it may only become more expensive. In addition, the Nasdaq rose 440 points last night, and the Dow rose 522 points; Bitcoin exceeded 62,800 again, reaching a high of 6.3. Does this mean that the market trend after the interest rate cut will definitely be good? When the US dollar lowers interest rates, the Japanese yen raises interest rates. Previously, people borrowed the Japanese yen to buy US stocks, but now they have to sell US dollars to repay the Japanese yen. In addition, with the possibility of an economic recession, will US stocks experience a significant decline? There are also factors such as the US presidential election. Can they offset the risk of a major decline? # Warren Buffett has already cashed out a large amount, so I am following his strategy and gradually cashing out to wait and see, waiting for the US stock market to decline before entering. INTEL is an American company, and the government will constantly try to help it recover. Currently, it is at a low price between 20-21. If it falls further to 15-18, it is a good opportunity to buy and hold.
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