Markets rally as recession fears ease: Take action or stay patient?
Views 2.8M
Contents 589
wolftrade
joined discussion · Aug 8, 2024 00:03
$NVIDIA (NVDA.US)$ If the analysts are so confident of a fed...
$NVIDIA (NVDA.US)$ If the analysts are so confident of a fed rate cut in Sep, then USD will depreciate naturally. Even if BOJ do not hike, USD/JPY will still retreat....standby for more Carry Trade sellers in the next couple of months. Coupled with Jensen continuous selling, this will be volatile, so understand the risks before ploughing in.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more4
103493389 : Fed rate cut got affect yen?
wolftrade OP 103493389 : It will affect the USD/JPY rate. Japan has only 1 direction now, if any, and that is to hike, while the reverse is true for US.
summ3r : what's a reasonable price to buy, considering the worst case scenario?
InfiltradeR : You've forgot to throw in the economic data. If these numbers deteriorate, gonna be a perfect storm.
wolftrade OP summ3r : I am not an advisor, and is in no position to advise. What I am sharing are facts that have happened or have to happen (economics). You have to make your own calculation/judgement.
summ3r wolftrade OP : ok mate. I'll just hold on to the cash and wait until the dust settles. thanks