$Mapletree Log Tr (M44U.SG)$ Today the stock price finally b...
Today the stock price finally break the resistance 1.39 and hit 1.42. Everyone is waiting for the jobs report tonight. Hope the unemployment rate will continue to rise in Aug. We need to hope for more aggressive rate cut like 0.5% this month
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101778471 : but fed will only aggressively cut interest rate when the economy is failing, will that impact the stock price negatively?
summer66 : They reported fake unemployment data previously. It's actually a lot worse. Unbelievable.
Deep Sea OP 101778471 : The FED is always late in cutting rates when they know the economy is not doing well. Even if the rate cut is 0.25 this month. It shouldn’t impact reits, as this will be the start of rate cut cycle.