The much-anticipated rate cut decision has finally arrived, with the Federal Reserve announcing a 50 basis point rate cut! At this pivotal moment, investors need to have a deeper understanding of the background and impact of rate cuts.
Since March 2022, in a bid to curb inflation, the Fed has hiked rates 11 times, bringing it to the current range of 5.25%-5.50%. Now that inflation is under control, the calls for a rate cut are growin...

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Happy Friday, traders. The market climbed this week after a rough start in September. Wednesday, the market decline turned around by the afternoon af...

Last week, the U.S. ADP report and non-farm payroll data for August were released, indicating a slowdown in the labor market.
– Private employment: 99k (Actual), 145k (Expected);
– Non farm payrolls: 142k (Actual), 165k (Expected);
– Unemployment rate: 4.2% (2024/8) , 3.7% (2023/8).
Investor concerns about a potential recession in the U.S. have intensified, leading to a collective decline in the three major U.S. stock...

Application of IPO is very convenient and straightforward, my recent applications of 99 Speedmart get allotted 50% of application. No application fees charge, only pay when I get allotted, can use max buying power margin to apply, so all my idle money works in MMF till the last drop. Any better platform than Moomoo? Not that I know of at this moment