Follow Our Official Telegram Channel tynkrlab The$Dow Jones Industrial Average (.DJI.US)$closed at a new record high of 40,211.72, gaining 0.5%. The$S&P 500 Index (.SPX.US)$rose 0.3%, and the$Nasdaq Composite Index (.IXIC.US)$increased by 0.4%. This rally was driven by investor optimism about potential rate cuts and positive earnings reports from major banks. Key Drivers 1. Federal Reserve’s Stance on Inflation: • Event: Fed Chairman Jerome Powell...
According to the Efficient Market Hypothesis, the market price reflects the “true” value of a company as it incorporates all known information. Behind this is the “wisdom of the crowd” concept. This is the idea that large groups of people are collectively smarter than individual experts when it comes to problem-solving and predicting. Take the example of Sg Bagan Rubber, a Bursa plantation company. When you look at the ROE and share price...
SBAGAN Stock Forum
The $Dow Jones Industrial Average (.DJI.US)$ closed at a new record high of 40,211.72, gaining 0.5%. The $S&P 500 Index (.SPX.US)$ rose 0.3%, and the $Nasdaq Composite Index (.IXIC.US)$ increased by 0.4%. This rally was driven by investor optimism about potential rate cuts and positive earnings reports from major banks.
Key Drivers
1. Federal Reserve’s Stance on Inflation:
• Event: Fed Chairman Jerome Powell...
Take the example of Sg Bagan Rubber, a Bursa plantation company. When you look at the ROE and share price...
No comment yet