HengOng88
voted
Hi, mooers!
With the upcoming GST hike from 7% to 9% and the market's volatility as the Federal Reserve puts a pause on interest rate cuts, the question arises: How can we adapt our investment strategies to navigate these uncertainties? What's your take on the likely market trends?
During these uncertain times, money market funds stand out as a smart investment, fighting off inflation and offering a steady source of income.
Looki...
With the upcoming GST hike from 7% to 9% and the market's volatility as the Federal Reserve puts a pause on interest rate cuts, the question arises: How can we adapt our investment strategies to navigate these uncertainties? What's your take on the likely market trends?
During these uncertain times, money market funds stand out as a smart investment, fighting off inflation and offering a steady source of income.
Looki...
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HengOng88
liked
In Q4 2023, nominal GDP grew by 3.2% according to data this morning.
This would mean a $334.5 billion increase in nominal GDP.
Meanwhile, over the same time period the US added $834.2 billion of debt.
In other words, it cost us $2.50 of debt for every $1.00 of GDP last quarter, according to Zerohedge.
As Fed Chair Powell recently said, "we are on an unsustainable fiscal path."
What's the long term plan here?
$ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$
This would mean a $334.5 billion increase in nominal GDP.
Meanwhile, over the same time period the US added $834.2 billion of debt.
In other words, it cost us $2.50 of debt for every $1.00 of GDP last quarter, according to Zerohedge.
As Fed Chair Powell recently said, "we are on an unsustainable fiscal path."
What's the long term plan here?
$ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$
6
1
HengOng88
liked
Noticing more and more comments like this lately.
What usually happens is the opposite of what investors think will happen.
Remarks by Michelle W. Bowman Member Board of Governors of the FED (February 2024):
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$
What usually happens is the opposite of what investors think will happen.
Remarks by Michelle W. Bowman Member Board of Governors of the FED (February 2024):
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$
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