Donald Perkins
voted
The US Federal Reserve initiated its easing cycle with 50 basis points rate cut last week. This week, Chinese markets joined the trend on Tuesday by cutting the rate by 50 basis points. This decision sparked a rally, with the $Hang Seng Index (800000.HK)$ and $SSE Composite Index (000001.SH)$ rising more than 4% in a single day. On the same day, the Reserve Bank of Australia left its cash rate unchanged at 4.35%. Howe...
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This sounds like the 51 intelligence officers who said the laptop was Russian disinformation. The elites are not affected by the democrats bad policies. They just need another puppet. The ultimate goal is to have you broke and under control.
Donald Perkins
commented on
Happy Monday, Mooers!
The September FOMC meeting is approaching, and the market generally believes that a rate cut is highly likely, which will be a significant turning point in this year's monetary policy.
How will interest rate cuts affect the stock market? How will the S&P 500 index react? Come on mooers, let's try to predict its possible direction!
Prediction time!
Drop your insights in the comments section:
– What impact would a ...
The September FOMC meeting is approaching, and the market generally believes that a rate cut is highly likely, which will be a significant turning point in this year's monetary policy.
How will interest rate cuts affect the stock market? How will the S&P 500 index react? Come on mooers, let's try to predict its possible direction!
Prediction time!
Drop your insights in the comments section:
– What impact would a ...
2024 FOMC Meeting
Sep 19 02:30
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Donald Perkins
voted
Afternoon traders, and happy Thursday, September 12. The market continued its trend Thursday in a general climb. Wednesday's turnaround kept on going on. PPI inflation data came in higher, oil climbed on hurricane news: My name is Kevin Travers; this is a round-up of moovin' stonks today.
Moderna $Moderna (MRNA.US)$ shares fell more than 18% in recent Thursday trading after the company said it is reducing its annual R&D expense by about $1...
Moderna $Moderna (MRNA.US)$ shares fell more than 18% in recent Thursday trading after the company said it is reducing its annual R&D expense by about $1...
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Donald Perkins
commented on
The US annual inflation rate decreased for the fifth straight month to 2.5% in August 2024, marking the lowest level since February 2021, down from 2.9% in July and falling below the anticipated 2.6%. Month-over-month, the Consumer Price Index (CPI) increased by 0.2%, consistent with July's figures.
Additionally, while core inflation remained stable at a low not seen in over three years at 3.2%, the monthly rate of core inflation rose slightly to ...
Additionally, while core inflation remained stable at a low not seen in over three years at 3.2%, the monthly rate of core inflation rose slightly to ...
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Donald Perkins
commented on
In August 2024, the US economy saw an addition of 142,000 jobs, surpassing the revised figure of 89,000 from July, yet falling short of the anticipated 160,000.
Job increases were noted in several sectors: construction added 34,000 jobs; health care contributed 31,000, with ambulatory health care services accounting for 24,000 of those; government roles increased by 24,000; and social assistance jobs grew by 13,000.
On the other ha...
Job increases were noted in several sectors: construction added 34,000 jobs; health care contributed 31,000, with ambulatory health care services accounting for 24,000 of those; government roles increased by 24,000; and social assistance jobs grew by 13,000.
On the other ha...
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Donald Perkins
commented on and voted
In the previous article, we introduced "Trump Trade" strategy. According to RCP poll, as of August 30, Harris's chance of being elected was 48.1%, ahead of Trump's 46.3%. At this point, it is time to talk about "Harris Trade".
Source: Realclear Polling. Data as of August 30, 2024.
What are the differences in Harris's new policy?
1. Core: Reducing the cost of living
In Harris's economic policy speech, the focus is on reducing ...
Source: Realclear Polling. Data as of August 30, 2024.
What are the differences in Harris's new policy?
1. Core: Reducing the cost of living
In Harris's economic policy speech, the focus is on reducing ...
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Donald Perkins
commented on
$Nasdaq Composite Index (.IXIC.US)$ Hezbollah fired 320 rockets into Israel for what they called retaliation of Israel taking out one of their piece of shit slime balls it's now in a much better place serving a purpose of feeding worms in the ground. the iron dome took care of the vast majority of the rockets very few if any made it through. all of this is a direct result of cause and effect.
President Trump had no wars during his administration. the largest employer of Muslims from Palestine is...
President Trump had no wars during his administration. the largest employer of Muslims from Palestine is...
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Donald Perkins
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Just when we were all getting comfortable, basking in the glow of a market that seemed unstoppable, reality decided to drop in with a bucket of cold water—and it wasn’t just a splash, it was a full-on slap across the face. Yes, I’m talking about the recent bombshell: the revision of job numbers that tells us the labor market isn’t as strong as we all thought.
Riding the Highs Before the Slap
Let’s rewind a bit. The stock market has been...
Riding the Highs Before the Slap
Let’s rewind a bit. The stock market has been...
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A higher tax rate will stifle growth for the economy. Harris's polices will be disastrous for the economy without reducing the debt. Tax revenues soared when the tax rate was lowered. Then came all of the trillions sloshing through the economy. That has put us where we are now. A dollar 30% worth less than 5 years ago.
It's called inflation.
It's called inflation.