@Ultrahisham:FOMC decision day Here we are again on FOMC's decision day. i just like to call the Feds FOMC. Haha. It is time for Mr Powell and his merry band to tell us what he has decided for the Feds fund rate. Many are expecting a 50 basis point hike. Thereis still a small percentage thinking he might gobig with 75. But after yesterday's good numbers on the inflation side, I believe 50 looks like the most likely choice. The markets have priced in a 50 points hike and more. They are in fact clamouring for the Fed to pivot or at least indicate a pause. So anything other than the Feds saying when they are pausing or even indicating when they mightcut rates again might see a market washout. Its hard to guess which way the market might go because sometimes the market is just weird that way. Th
@Bunifa Latif:$NASDAQ(.IXIC)$ The higher the rates, the smaller the window of opportunity. It appears that when caught in a bind between (a) raising rates moderately to maintain financial stability but risk accelerating inflation, or (b) raising rates aggressively to stabilise inflation but hastening a recession, the US Federal Reserve had unequivocally chosen the latter. The catch for this approach is that the faster and higher the rates environment shifts, the quicker the subsequent contraction that comes, which eventually negates the need for higher rates. As such, yield investors should note that higher rates may only be on a limited time offer basis. Debt sustainability concerns of the UK. As we had observed, this high rates/rapi
@boonk:$Velo3D, Inc.(VLD)$ Velo3D, Inc.(VLD)$ Velo3D (NYSE:VLD) has an ambitious goal of becoming the largest metal additive manufacturing company by as early as the end of this year. The 3D metals printing company announced last week that it had sold seven of its Sapphire printers to Kevton Technologies. This marked one of the largest sales to a contract manufacturer since the company’s inception. The first two printers are expected to begin work during Q1 of next year. Velo3D has also experienced fast-paced growth, with revenue increasing by 15x in the past six quarters. In the most recent quarter, revenue tallied in at $19.6 million, up 60% year-over-year (YOY). Further dilution or equity raises in the near term seems unlikely, as the company had $142
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