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Did you notice that the cost of living is getting higher since the outbreak of COVID-19 pandemic?
As inflation can eat away at our money, we become anxious and start to make extra income.
Investing in stock becomes popular among the public with its high h...

Thursday, September 30, 2021
By Jimmy

On Wednesday, the Fed said taper may come soon if the economy continues to progress, but didn't announce the specific dates.
This should be the biggest news for the financial market. But wait... what is taper and why is it so important？
What is taper?
Before talking about taper, we should know what QE is —— the opposite of taper.
When the economy is slagging, the central bank tends to lend more money to the market. This aims to increase consumption and investment, which is a good way to take the sluggish market back to normal.
To lend money out, the central bank can lower interest rates or purchase assets such as bonds from the market. These measures are summarized as QE (Quantitative Easing).
Therefore, the opposite of QE —— taper, is taking money back to the central bank, by raising interest rates or decreasing assets purchases.
With rising interest rates, people who are using leverage may choose to sell their stocks because they can't afford the high cost of borrowing. As more people sell, the stock price will fall. As a result, the stock market may react negatively to taper.
How about this time?
On Wednesday, the Fed said the U.S. central bank could begin scaling back asset purchases in November and complete the process by mid-2022. However, after the Fed's announcement, US stocks staged a comeback from their September rout, which is a proof of strong market confidence.
If there is anything else you would like to know, ask me in the comment section below!

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Hi, mooers! How's your profit or loss last week?
We would like to remind you that the U.S. market is closed today, Sept. 06 in observance of the Labor Day.
The market will reopen at normal hours on Tuesday.
With this holiday at hand, we might as well prepare ourselves for another great week.
Wish you a nice holiday.

Anticipation is thick in the air as the earnings season draws upon us. All eyes are on the upcoming earnings announcements by tech giants. The S&P 500, for instance, has been defying odds with its bullish run time and again. Will it hit a new high if the aforesaid companies announce better than expected results? Is it a good time to invest?
Generally, there are a few options:
1. Lock in profits by selling either partially or fully before earnings season
Th...