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The stock market's been on a roller coaster ride lately, mainly driven by fears of a recession and reactions to the Federal Reserve's recent announcements. Here’s everything you need to know.
Summary:
- Fed's Rate Cut Hints: On July 31st, the S&P 500 had its best day since February, jumping by 1.58%. This came after the Federal Reserve hinted at possible interest rate cuts starting in September. Fed Chairman Jerome Powell mentioned a "reduction in our po...
Summary:
- Fed's Rate Cut Hints: On July 31st, the S&P 500 had its best day since February, jumping by 1.58%. This came after the Federal Reserve hinted at possible interest rate cuts starting in September. Fed Chairman Jerome Powell mentioned a "reduction in our po...
![Recession Soon? Where are we now (Summary)](https://sgsnsimg.moomoo.com/sns_client_feed/101775156/20240803/1722673027426-1eeed6e417.png/thumb?area=104&is_public=true)
![Recession Soon? Where are we now (Summary)](https://sgsnsimg.moomoo.com/sns_client_feed/101775156/20240803/1722673027328-abc23ec10a.png/thumb?area=104&is_public=true)
![Recession Soon? Where are we now (Summary)](https://sgsnsimg.moomoo.com/sns_client_feed/101775156/20240803/1722673027147-61da777ae5.png/thumb?area=104&is_public=true)
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Kennyhot
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$SOFI.US$ when comments from chairman Powell come out and the q&A begins everyone's going to be waiting to hear what he has to say and if his interpretation is a continuous dovish stance then I think we'll see all of the interest rate sensitive companies like this will have another Spike how much I don't know but I think we could see it pushed eight again. I think we can see the support from yesterday at 7.0 it bounced right off of its moving average and trended higher. so on ...
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![Picture](https://ussnsimg.moomoo.com/sns_client_feed/29965937/20240730/adc89933443ac14fe7fda1dd07062481.jpg/thumb?area=100&is_public=true)
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On June 5th, the central bank initiated a shift in monetary policy by trimming the overnight lending rate from 5% to 4.75%, reversing the trend of rate increases that started in March 2022. Then, on July 23, amidst a dip in Canada's inflation to 2.7% in June, the Bank of Canada further reduced the rate to 4.5%, marking the second cut of the year.
Tiff Macklem, the Governor of the Bank of Canada, hinted on Wednesday that if infla...
Tiff Macklem, the Governor of the Bank of Canada, hinted on Wednesday that if infla...
![[Weekly Syrup] Rates and Tesla are down. But "earnings" are up now.](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240729/1722250544717-b3f687c7b7.png/thumb?area=103&is_public=true)
![[Weekly Syrup] Rates and Tesla are down. But "earnings" are up now.](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240729/1722250807785-71167f3c87.jpeg/thumb?area=103&is_public=true)
![[Weekly Syrup] Rates and Tesla are down. But "earnings" are up now.](https://ussnsimg.moomoo.com/sns_client_feed/77777022/20240729/1722252667253-7016c1fa6e.jpeg/thumb?area=103&is_public=true)
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I believe hard work is important and you must choice a right platform too
![I believe everyone can do better than me.](https://sgsnsimg.moomoo.com/sns_client_feed/102511958/20240727/03647e2f3d07039116bf0ab9273b1ff9.jpg/thumb?area=104&is_public=true)
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