Rocael Ramirez
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Wall Street investors and analysts spent months strategizing how to position for 2024. Federal Reserve Chair Jerome Powell shredded their best-laid plans in a matter of minutes.
After the Federal Reserve taking a dovish turn, the Dow Jones Industrial Average and Nasdaq 100 surged to records, while bonds soared, credit boomed and risky assets around the world rallied.
Goldman strategists lift S&P 500 foreca...
After the Federal Reserve taking a dovish turn, the Dow Jones Industrial Average and Nasdaq 100 surged to records, while bonds soared, credit boomed and risky assets around the world rallied.
Goldman strategists lift S&P 500 foreca...
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Rocael Ramirez
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Columns Wall Street Banks Divided on US Dollar's Future After Fed Signals Rate Cuts in 2024: Here's Why
After the Federal Reserve expressed dovish comments, Wall Street banks are predicting a possible weakening of the US dollar. Nevertheless, some large banks have taken a different position than the general consensus and believe the US currency will grow stronger in the coming year.
Fidelity and JPMorgan Bet on Stronger Dollar
● The Rest of World Struggle with Inflation and High-Interest Rates
This view ...
Fidelity and JPMorgan Bet on Stronger Dollar
● The Rest of World Struggle with Inflation and High-Interest Rates
This view ...
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Rocael Ramirez
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Singapore stocks opened weaker on Tuesday (Dec 19) following a mixed performance in US and Europe overnight.
On the Singapore bourse, $FTSE Singapore Straits Time Index (.STI.SG)$ headed down 0.3 per cent or 8.46 points to 3,104.77 as at 9.01 am. Across the broader market, losers outnumbered gainers 57 to 46, after 62.1 million securities worth S$49.8 million changed hands.
The most active counter by volume was $Seatrium (S51.SG)$ , which held steady at S$0.108 ...
On the Singapore bourse, $FTSE Singapore Straits Time Index (.STI.SG)$ headed down 0.3 per cent or 8.46 points to 3,104.77 as at 9.01 am. Across the broader market, losers outnumbered gainers 57 to 46, after 62.1 million securities worth S$49.8 million changed hands.
The most active counter by volume was $Seatrium (S51.SG)$ , which held steady at S$0.108 ...
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Rocael Ramirez
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Dear Mooers,
As the annual "Black Friday" promotion event for 2023 approaches, let's take a look at what surprises the Rewards Club will bring us this year!
The Moomoo light, with the jumping cow on a ball symbolizing the meaning of getting rich overnight, bringing good luck to everyone!
So when will it be available and how can it be redeemed?Availability: It will be available online on November 13th at 9:00 PM, with limited daily updates until supply runs out.
Redemp...
As the annual "Black Friday" promotion event for 2023 approaches, let's take a look at what surprises the Rewards Club will bring us this year!
The Moomoo light, with the jumping cow on a ball symbolizing the meaning of getting rich overnight, bringing good luck to everyone!
So when will it be available and how can it be redeemed?Availability: It will be available online on November 13th at 9:00 PM, with limited daily updates until supply runs out.
Redemp...
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Rocael Ramirez
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It is known that the world's resources are not evenly distributed to this world...
The first level of distribution is a game between countries; this round of distribution is not something we can decide. (So the so-called trade war between China and the US basically started on this basis; it is bound to have no end; we can only accept and live in it) There is no need for change, because this is not a category we can change...
The allocation of the second level is determined by the country's system, administrative policy, and political program. Although most of us live in a democratic and free country. Choosing a leader of one's choice through democratic elections feels like it can be changed for the better. But more often than not, we just pick out the less rotten ones from a bunch of rotten apples to eat. (With this kind of mentality, it will be easier for you to cast your sacred vote in the election!) However, there aren't many parts you can participate in. (I use this to appeal to the citizens of Malaysia to come back and vote, ah, no matter which faction you vote for.)
The third level of resource allocation is implemented in private organizations, social welfare units, and conscientious enterprises. This round of distribution is most effective, but sometimes it is also the biggest waste... It depends on the quality and mentality of the organizers and participants.
I spent a lot of time writing a bunch of stuff, hoping to call on more people to participate in this third-level resource allocation. Because we are willing to participate, the world is changing.
The world's resources won't be distributed fairly in the first place, but because of the participation of you and me, the world will be different and better.
...
The first level of distribution is a game between countries; this round of distribution is not something we can decide. (So the so-called trade war between China and the US basically started on this basis; it is bound to have no end; we can only accept and live in it) There is no need for change, because this is not a category we can change...
The allocation of the second level is determined by the country's system, administrative policy, and political program. Although most of us live in a democratic and free country. Choosing a leader of one's choice through democratic elections feels like it can be changed for the better. But more often than not, we just pick out the less rotten ones from a bunch of rotten apples to eat. (With this kind of mentality, it will be easier for you to cast your sacred vote in the election!) However, there aren't many parts you can participate in. (I use this to appeal to the citizens of Malaysia to come back and vote, ah, no matter which faction you vote for.)
The third level of resource allocation is implemented in private organizations, social welfare units, and conscientious enterprises. This round of distribution is most effective, but sometimes it is also the biggest waste... It depends on the quality and mentality of the organizers and participants.
I spent a lot of time writing a bunch of stuff, hoping to call on more people to participate in this third-level resource allocation. Because we are willing to participate, the world is changing.
The world's resources won't be distributed fairly in the first place, but because of the participation of you and me, the world will be different and better.
...
Translated
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Rocael Ramirez
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The S&P 500 is coming off its longest streak of weekly gains since 2017; and it closed green again yesterday
Nasdaq was up too as a few big tech giants such as Meta, Google and Nvidia surged
It's a continuation of what we've seen since November. Is the bull really unstoppable?
$Bank of America (BAC.US)$ $JPMorgan (JPM.US)$ $Citigroup (C.US)$ $USD (USDindex.FX)$ $Coca-Cola (KO.US)$ $PepsiCo (PEP.US)$ $KBW Nasdaq Bank Index (.BKX.US)$ $Rivian Automotive (RIVN.US)$ $Lucid Group (LCID.US)$ $Alibaba (BABA.US)$
Nasdaq was up too as a few big tech giants such as Meta, Google and Nvidia surged
It's a continuation of what we've seen since November. Is the bull really unstoppable?
$Bank of America (BAC.US)$ $JPMorgan (JPM.US)$ $Citigroup (C.US)$ $USD (USDindex.FX)$ $Coca-Cola (KO.US)$ $PepsiCo (PEP.US)$ $KBW Nasdaq Bank Index (.BKX.US)$ $Rivian Automotive (RIVN.US)$ $Lucid Group (LCID.US)$ $Alibaba (BABA.US)$
Rocael Ramirez : $Netflix (NFLX.US)$