Mom of 2
2022-10-17

$Nasdaq100 Bull 3X ETF(TQQQ)$

 The recent rpeorted inflation was 8.2% and the Fed's goal is to bring it down to 2%, hence we might see a larger interest rate hikes from Fed to curb the ongoing inflation. The 10-years US Govt Bond is fluctuating around 4% now, if the rates can continue to climb, we might see more short-term sell-down moving forward. 

@Daily_Discussion @CaptainTiger @TigerStars @MillionaireTiger  

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Comments

  • MamieBenson
    2022-10-17
    MamieBenson
    The current inflation rate is still far from the target value. Therefore, it can be expected that the Federal Reserve will continue to raise interest rates.
  • NinaEmmie
    2022-10-18
    NinaEmmie
    When interest rates continue to rise or remain at a very high level, it is difficult for the stock market to have a turning point.
  • MurrayBulwer
    2022-10-17
    MurrayBulwer
    This is a long-term goal. Short term inflation will not fall easily. After all, the Federal Reserve has made too much money in the past two years.
  • psk
    2022-10-18
    psk
    ok
  • Newbie_21
    2022-10-18
    Newbie_21
    Ok
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