To The Moon

BOJ sets policy rate in range between 0% to 0.1%, raising interest rates for first time since 2007.

[Miser]Hi Tigers[Cool]Do you often consume luxury brand or goods?In this article, we collected the top 17 luxury goods companies Q422 or FY22 financial data, knowing that 12 of 17 companies see sales increased YoY and, most of the 17 companies see net profit increased YoY as well.The Bain & Company Luxury Study had pointed in late 2022, that the overall global luxury goods industry is projected to achieve a market value of around $242.8 Billion in sales in 2022, up 21% from the previous year.Source from Web1. What does the increase of global luxury consumption mean?We all know luxury goods consumption belongs to non-essential consumer goods industry, which is a cyclical industry highly connects to economic situation, when the economy goes down, the willingness to consume luxury good wi

Fed announced to increase 25 bps after March FOMC meetin. Before we talk about the comments of the intitutions, let's look at the basic facts.I. Basic facts1. The Fed raised rates by 25 basis points as expected by the market, and its Fed Fund rate expectation (dot plot) is a bit more hawkish compared with the December FOMC last year:the median benchmark rate expectation is 5.1% at the end of 2023, the same as the December FOMC;the median benchmark rate expectation is 4.3% at the end of 2024, higher than the December FOMC's 4.1%.Source: BloombergHowever, the market clearly does not agree with Fed's hawkish stance. Both Fed rate futures and the OIS are pricing in the Fed cutting rates to around 4% by the end of this y

Morningstar notes: Buy Berkshire Hathaway $Berkshire Hathaway(BRK.B)$ $Berkshire Hathaway(BRK.A)$ stock for Warren Buffett’s steady hand during crises.Why?The company's long history of aiding failing banks is one reason for investors to buy Berkshire Hathaway.Recently, the market has noticed that The “Oracle of Omaha” has been in contact with the Biden administration in recent days about possibly investing in regional banks in some way.“On multiple occasions over the past two decades we have seen firms seek out capital from Berkshire on the belief that the ‘Buffett Seal of Approval’ that came with that capital injection would reduce the pressure on their shares,” Mornings

Introduction $Advanced Micro Devices(AMD)$ has been on a tear in recent weeks, rising for more than 27% for the month of march. However good things don’t last long and in this post, I will share why I think AMD rally is probably going to end soon (mainly from a technical analysis stand point). About AMD I think AMD needs no further introduction as it is a very popular stock among traders. AMD is a semiconductor company that operates globally in four segments: Data Center, Client, Gaming, and Embedded. It offers a range of products such as x86 microprocessors, graphics processing units (GPUs), chipsets, data center, and professional GPUs, and embedded. All these are the fundamental building blocks for Artificial Intelligence (AI). AMD's Stock Curre

Credit Suisse Risk, which exploded the market last week, and was finally solved under the special treatment of regulators. Finally, UBS announced that it would acquire Credit Suisse for 3 billion Swiss francs, which is 40% lower than the latter's market value on Friday. At the same time, the Swiss government covered some losses, the Swiss National Bank gave liquidity assistance of 100 billion Swiss francs, and Credit Suisse bonds with a face value of about 16 billion Swiss francs were completely written down.After the above news, the market returned to a relatively stable situation. According to fedwatch data, the probability of 25 basis points of Fed rate hike this week accounted for 70%. If this data is maintained, the final result may be the same. This FOMC's path of fol

$TENCENT(00700)$ released Q4 2022 and its full-year earnings after Mar,22. Sales slightly beat market consensus, the effect of reducing costs and increasing efficiency continues, and the margin promoted better than expected. Offline business still affected, while games and entertainment performed steadily. Fortunately, video content is entering an accelerated monetizing period, ads revenue growing strong recovery potential. We expect further recovery in 2023.Overview of Q4 performanceRevenue 144.95 billion yuan, up 1% year-on-year, higher than the market expectation of 144.50 billion yuan. Among them,The overall income of value-added services was 70.4 billion

US market on Wed (22 Mar) traded directionlessly until 2:00pm when the FOMC meeting was over with the press conference by Mr Powell, hot on the heels. When the 0.25% interest hike was confirmed, market “reacted positively” initially. It was afterall the much anticipated 0.25% and not the much feared 0.5%. The “euphoria” proved to be short-lived as the press conference pressed on with Mr Powell further confirming that there would be no let down from the central bank in their fight to bring inflation down. Personally I think, it is commendable that the Fed Reserves provides a clear direction of where they are heading without being ambiguous. Doing so minimizes “speculations” of any sorts to be postulated by Wall Street to smoke-screen and “fool” the general public. Agree ? By The Time Market