Powell going dovish at Jackson Hole is a major pivot. Key takeaways for me: • Risk balance shift → Fed is now openly worried about jobs more than inflation. • Policy framework → More flexibility = more room to cut without being boxed in by the “make-up” strategy. • Market reaction → Equities + crypto spiked instantly, showing how much positioning was leaning bearish before this. Traders are now pricing 90%+ chance of a September cut (vs 75% before the speech), and two cuts by year-end are fully priced. 👉 The big question: Is this just relief rally fuel, or the start of a bigger cyclical rebound? QQQ is already responding, but risk-on sentiment could spread much wider if the Fed follows through.
@StickyRice:Mullen Automotive Non-GAAP EPS of -$0.28 Mullen Automotive press release $Mullen Automotive(MULN)$ : Q1 Non-GAAP EPS of -$0.28. The $220.9 million or 142% increase in net loss attributable to common shareholders was primarily due to a $164.0 million increase in non-cash financing expenses and $59.6 million increase in operating losses for ramping-up development efforts and reflecting the addition expenses from the acquisition of Bollinger Motors and the purchase of ELMS assets. The Company has over $100 million in cash (includes restricted cash available for Company use) available for operations and investment at December 31, 2022. The Company has additional committed capital of $90 million expected to be received pr
@VideoLounge:Jeff Kilburg, founder and CEO of KKM Financial, joins 'The Exchange' to discuss three stocks with earnings reports on the horizon, NXP Semiconductors, Caterpillar, and McDonalds.$Nuveen Select Tax-Free Income Portfolio(NXP)$ $McDonald's(MCD)$ $Caterpillar(CAT)$