Global markets
DJ (+0.04%) finally took a breather from 10thconsecutive losing streak. S&P500 (-0.09%) and Nasdaq (-0.12%) lost steam.
Fed indicated only 2 more cuts in year 2025, due to stubbornly high inflation. FOMC forecasted inflation to be around 2.5% next year. Bond futures priced in 1.5 cut next year only.
VIX retreated from its high of 28% to settle around 24%. Market still worried about the downside risk.
US treasury 10-years still hovered around...

The most rewarding moment of my investment journey in 2024 came when I saw the fruits of my long-term strategy paying off. After months of researching and carefully selecting stocks, I witnessed a significant surge in the value of my portfolio. This moment not only validated my decision to stay disciplined despite market fluctuations but also reinforced the importance of patience in investing. The feeling of accomplishment was further heightened by the financial freedom it pr...

Originally from the World Economic Forum, this article serves as a reference for understanding cryptocurrencies.
In the past, people often used centralized systems to store and manage records. With the emergence of Distributed Ledger Technology (DLT), there has been a significant change in how we store records, with the level of innovation comparable to the double-entry bookkeeping method first used in 14th century Italy. The emergence of DLT has completely changed the way financial transactions and ownership data are recorded.
Blockchain is a typical application of Distributed Ledger Technology. As a decentralized system, the members of the blockchain are usually anonymous, and there is no central entity. Each member can view and verify every data entry, which is the core operation of a distributed ledger. Ideally, a distributed ledger should have the following characteristics: accurately record every piece of information; low cost; fully decentralized to avoid centralization of power.
In 2008, Satoshi Nakamoto invented blockchain technology. Since then, a large number of related innovative applications have emerged one after another, aiming to release power from centralized government institutions or monopolistic enterprises. However, the cost of achieving a decentralized blockchain community is extremely high. Research by Abadi and Brunnermeier in 2018 pointed out that the development of blockchain faces the 'trilemma' - where no ledger can simultaneously meet the following three requirements. Specifically, decentralized systems face three major drawbacks: resource waste, low measurability...

Event Date: 13th/16th December 📆
The Nasdaq Rebalancing is a once a year event as stocks get added and stocks get chucked. Each stock that gets added will get a little rally due to massive buying pressure
¥~Present
The initial bump is between 3-5% usually from the announcement depending on the stock. Usually followed by 2-4% gains in the following days during the rebalancing. MSTR is in a unique position where it can go up 10-20% with any push during this bull rally.
...