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Just takes one man to change history
there were talks of multiple Fed Reserve cuts in the calendar year, but now the forecast has dwindled to only about two cuts.
10 May 2024 · Friday
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Today’s Daily Byte
I would say it’s a dead cat bounce. So far, we really can’t say that markets have turned, but yes, a bounce nevertheless. The market has kept faith in this trend line for the fourth time, finding support here until a breakdown occurs.
Optimism should be maintained that this trend line will hold at some point, considering the consolidation over the past four months. Excessive positions haven’t been built into the system, so a dramatic 20% drop seems unlikely even with reasonable bad news.
There’s a narrative of numbers coming down in the election outcome, but speculating websites aren’t adjusting their rates accordingly. Even if the numbers are down by 5%, it won’t prevent government formation. Within 15 days of government formation, such concerns will likely be forgotten.
Regarding market positioning, I’m gradually bringing in money . . .
Reading Time : 6 Minutes
Just takes one man to change history
One topic that’s been garnering attention is the debate surrounding Federal Reserve rate cuts. Initially, there were talks of multiple cuts in the calendar year, but now the forecast has dwindled to only about two cuts.
Some speculate that there might not be any cuts at all, attributing this shift to the challenges posed by inflation, leading to a situation akin to stagflation.. . . . .
Reading Time : 2 Minutes
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Has AAPL topped ?
In recent years, Apple Inc. seems to have hit a plateau in terms of stock performance. Despite releasing new products, the tech giant has failed to make significant strides, leaving investors feeling somewhat stranded.
Traditionally known for its groundbreaking innovations, Apple’s recent endeavors haven’t quite matched up to past successes. . . . .
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