To The Moon

Labour Day and Hari Raya Puasa are around the corner.Trading activities will be affected for the Sin

HSBC shares dropped 3% in premarket trading as HSBC profit fell on credit charges as economic outloo

These industry leaders have Buffett's stamp of approval and are on track for more big wins.

Markets bounced on Wednesday on the back of earnings and futures were fairly positive in anticipatio

Us March CPI was released before the market today, rising 8.5% y/y, continuing to hit a 40-year high, expected 8.4% vs. 7.9% last. The market quickly rallied after the CPI data, with Nasdaq futures up as much as 2 per cent.Analysts explained this by saying that while headline inflation was in line with expectations, rising to a 40-year high, core inflation was lower than expected; Treasury yields are falling and the initial reading of the CPI data is that price pressures do not look as white-hot as feared. My explanation for this is that the market has been anticipating the CPI data since Brainard was already warned about it. This data is only abstractly scary, and last week the vice chairman of the Federal Reserve said at the meeting that the people can barely afford to eat is the real sc

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