Rate cut doesn’t mean buying
The FOMC had finally admitted that they’re in discussion on a topic of possible rate cut in this coming 2024 .
More than 50% of the FOMC committee members DotPlot（or policy path chart）are perceiving a 3 times rate cut of up to 0.75% next year.
Stock markets in US and Europe continue to cherish the great moment after the officials had shown a dovish attitude.
However, everything has to back to fundamental , the current stock market for US has been performing excpetionally well compared to other bourses in the world , this also signify that the positive news of rate cut may be partially factored in. January will be the month where most of the listed companies will be releasing their quarter report , hence , the “sustainable” of the share price will be much dependent on their respective business performance.
No doubt , the bigger one like $Microsoft(MSFT.US$ $Amazon(AMZN.US$ $Alphabet-C(GOOG.US$ continue to be strong , while the star perfomer of 2023 $NVIDIA(NVDA.US$ and $Broadcom(AVGO.US$ may start to see some ease in growth momentum , while the others second liners such as $Advanced Micro Devices(AMD.US$ $Nuveen Select Tax Free Income Portfolio(NXP.US$ $Coherent(COHR.US$ $Micron Technology(MU.US$ may start to catch up with better prospect ahead.
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73699291 : Interest rates should be cut only when the economy is in recession
Master Corgi : Bye don’t regret missing the boat
Andrew Ngi : semiconductor players has started to look for new hire. from headcount reduction --> layoff --> start hiring ! what's the meaning behind?