The U.S. economy appears to be stronger than expected, but investors are still shunning the consumer goods sector. With the current decline in stock prices and the rapid rise in Treasury yields, the attractiveness of stocks related to necessities is reducing. Year to date, the $S&P 500 Index(.SPX.US)$ is up 14%, while the $SPDR S&P Retail ETF(XRT.US)$ is down 0.4%, making it the largest spread since 2017. On an individual basis, more than ...

In mid-2022, I learned through Moomoo's push campaign that Moomoo had launched Cash Plus @富敦新元货币金, discovered that its earnings were much higher than the bank's current interest rate, so I started buying a few thousand copies. The earnings of this IMF have always been very stable, which has made me very satisfied. Since then, I have increased my investments one after another.
I also watched Moomoo launch @南方东英美元货币基金 in mid-August last year. For investors like me who often trade US stocks, this fund offers more options. Not only can I prepare more money to wait for opportunities, but I can also earn good interest. At the end of last year, I bought the BNP Paribas USD Money Market Fund again. The profit was over 4.5%, which is much higher than most bank time deposits.
As the Fed continues to raise interest rates, the yield on the New Dollar Currency Gold has gone from below 2% last year to around 3.8% now, and the yield on the US dollar currency has reached 5.2% now. It is estimated that there will be some time until the Fed cuts interest rates and will continue to invest in Cash Plus to obtain stable returns. I also hope that Moomoo will continue to launch Cash Plus investment incentive activities so that investors can obtain more additional income.