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Biden drops out of presidential race: How will markets react?
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[Weekly Syrup] Trump's ear is not the only thing that got cut. Rate may be too.

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Moomoo CA joined discussion · 4 hours ago
[Weekly Syrup] Trump's ear is not the only thing that got cut. Rate may be too.
Investor sentiment is high for a September rate cut, fueled by Federal Reserve Chairman Jerome Powell's remarks on the cooling U.S. economy, hinting at a possible easing of monetary policy. This upbeat mood persists despite the headwinds of corporate earnings reports and political unpredictability.
Expected rate cuts could particularly help smaller businesses with high borrowing costs. The $S&P 500 Index has surged 18.8% this year, thanks to rate cut prospects, solid earnings, and excitement around artificial intelligence. Clearer rate cut signals from the Fed could help stabilize the stock market amidst its current volatility.
Powell's nod to better inflation figures also supports the case for rate reductions, with upcoming June consumer price data as the next critical benchmark to watch.
[Weekly Syrup] Trump's ear is not the only thing that got cut. Rate may be too.
But before other recaps, let's look at something different:
What's Moo'ed?
"What's Moo'ed" is a space that captures fun, newsworthy, jaw-dropping and sometimes confusing (lmao) news clips for mooers so that you know this is a colorful world (or a weird and speechless one).
1) Mamafia
The brains behind the notorious "California Girls" retail theft syndicate, known for hitting luxury cosmetic retailers Ulta Beauty and Sephora, has finally faced sentences. Authorities uncovered over $300,000 in pilfered merchandise in the criminal's residence, say prosecutors, which is merely a slice of the whopping $8 million in goods they've been accused of swiping since 2012.
Guys, this is not theft anymore. They just wanted to be retailers themselves so "badly"
[Weekly Syrup] Trump's ear is not the only thing that got cut. Rate may be too.
2) Biden. Bye, den
Joseph Robinette Biden Jr., the 46th U.S. President, has bowed out of the 2024 race, giving the Democrats just four months to prevent Donald Trump from claiming the 47th presidency come November. But it's not too late though, for him to run as vice president. And he got a pretty good CV for that!
3) Hey Bumble, you need to check this out
Tinder is releasing an AI-powered feature that supposedly makes it easier for users to select better photos for their dating profiles. So AI is the one enjoying all the good pics and leaving everyone single, huh? Good move, nerdy programmers behind all this!
4) "Emotional damage" to "emotional damage"!
Shares of $MIRA Pharmaceuticals(MIRA.US)$, a pharmaceutical company, rocketed up by an impressive 134% on Monday, following the company's announcement of promising pre-clinical study results for Ketamir-2. This new oral ketamine analog is being explored as a treatment for a range of conditions such as depression, treatment-resistant depression, and PTSD.
If successful later, the medicine is terribly needed before every Monday and after every shitty date because of AI-selected Tinder photos. But one side effect must be considered: those who can't get it might be depressed.
[Weekly Syrup] Trump's ear is not the only thing that got cut. Rate may be too.
Okay, let's dive back to the syrup:
US you're not alone, we want the cut too.
As the Bank of Canada considers its rate path with four policy meetings left this year, slowing inflation in June to 2.7% bolsters the case for a rate cut from 4.75%. The drop, lower than the central bank's 2.9% forecast, alongside easing core inflation, suggests a softer monetary stance may be on the horizon. However, rising shelter costs continue to exert inflationary pressure.
The Bank's recent survey hints at positive shifts in inflation expectations and economic balance, which could influence upcoming rate decisions. Read more>>
BoC July Meeting Preview: More Cuts on the Horizon?
If you are interested in learning more about profit opportunities around recent headlines, this post is probably what you are looking for!
[Weekly Syrup] Trump's ear is not the only thing that got cut. Rate may be too.
Trump: the show may go on
In the wake of the assault on Trump, on the political betting site Polymarket, Trump's chances of winning the November US presidential election have risen from 60% before the attack to nearly 70%.
[Weekly Syrup] Trump's ear is not the only thing that got cut. Rate may be too.
Concurrently, Trump's vocal backing of cryptocurrency innovation has sent waves through the digital currency sphere, triggering a marked surge across the board, with Bitcoin and Ethereum notching up impressive gains. Additionally, stocks associated with Bitcoin have experienced a swift and robust upswing. Read more>>
But more than Bitcoin, other earning opportunities are waving together with Trump. Check here for more profit potentials!
[Weekly Syrup] Trump's ear is not the only thing that got cut. Rate may be too.
Tesla is ready for another charge?
Hey Moooers, caught off-guard by Tesla's electric rally? Since June 27, Tesla shares revved up a hefty 30% by the close on July 16, powered by a stellar Q2 delivery report of 444,000 vehicles on July 2. Gear up for July 23, when Tesla reveals its full Q2 financial performance. Will Tesla's numbers race past expectations? Keep your eyes peeled for next Tuesday's reveal!
[Weekly Syrup] Trump's ear is not the only thing that got cut. Rate may be too.
What do you think of the rate cut, Trump and Tesla? And what's your take on other hot issues in the past week? How they can earn you more money(we pray that for you)?
Share your stories, ideas, feelings and emojis in the comments below:
Participation Reward: Join the discussion (10 words or more) with reasonable comments, and you will receive 33 points.
Event time: From now until July 28, 2024, at 24:00 ET time.
How to grab the next opportunity?
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[Weekly Syrup] Trump's ear is not the only thing that got cut. Rate may be too.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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  • 102362254 : The stock market seems to react positively to Biden's announcement that he will not seek re-election, endorsing VP Kamala Harris as the Democratic candidate. This political shift has led to a rally in tech stocks and a general market uptick. Hopefully, this rally keeps going! [undefined]

  • mr_cashcow : Past few days the market have already began shifting positions to small cap stocks which will benefit from rate cuts, I think it was the right choice for Biden to step aside and give democrates a fighting chance against trump[undefined]