To The Moon

US slips into Recession in 2024? For much of 2022, recession fears have been building against a sharp rise in interest rates and market uncertainty. Of late, has there been a shift in sentiment. With a resilient US economy, a growing number of investors are seeing an increasing likelihood of a “soft landing” —where the Fed raises interest rates to combat inflation without triggering a recession. However, many remain cautious. Below shows US economic forecasts for 2024, across (1) Wall Street, (2) Main Street, & (3) C-Suite. Do you recall, In July 2023 the Fed announced that they were no longer forecasting a recession in 2024, marking a sharp departure from earlier projections. On hindsight, does the Fed know what they were talking about 4 months ago? While the Fed staff continue to sha

The latest data showed that inflation continued to cool down, but the Federal Reserve officials suppressed the expectation of interest rate cuts, the US Treasury interest rate climbed, and the main index of the US stock market was mixed on Thursday (30 days). The Dow closed at a new high for the year, led by Salesforce and Boeing. Technology stocks were weak.On the data front, the U.S. Commerce Department said on Thursday that the personal consumption expenditures price index (PCE) rose 3.0 percent year-on-year, the slowest pace since March 2021, and the core PCE rose 3.5 percent year-on-year in October, in line with market expectations. The number of people continuing to claim unemployment benefits rose last week to its highest level since around the end of 2021, adding to evidence that t

As of the close on Friday,$S&P/ASX 200(XJO.AU)$ closed at 7,073.20 points, down 0.46% in the past 5 days.1. $IRESS LTD(IRE.AU)$ +25.38%On 30th Nov., the fintech company released a strategy update. It has upgraded its earnings guidance for FY 2024.Management now expects underlying EBITDA of $135 mln to $145 mln, higher than previous guidance of $124 mln to $134 mln.2. $HEALIUS LTD(HLS.AU)$ +22.31%On 22nd Nov., healthcare firm Healius slumped 29.5% to A$1.1975 as trading resumed after a trading halt.The company raised a total of $154 mln to reduce its net debt and reset its

Led by the $NASDAQ(.IXIC)$, all major U.S. stock indexes have risen almost continuously over the past month - with gains generally as high as about 8-10% in November.The $S&P 500(.SPX)$ gained 8.9% in November, the 18th biggest monthly advance since 1950. and this was the 10th-best month for the $S&P 500(.SPX)$ in nearly 40 years.A review of some of the reasons for the rise in U.S. stocks in November:1.Macro interest rate environment easingThe market is optimistic that interest rates have peaked and the Federal Reserve will shift to easing policies. Indicators such as the $USD Index(USDindex.FOREX)$ an

US slips into Recession in 2024? For much of 2022, recession fears have been building against a sharp rise in interest rates and market uncertainty. Of late, has there been a shift in sentiment. With a resilient US economy, a growing number of investors are seeing an increasing likelihood of a “soft landing” —where the Fed raises interest rates to combat inflation without triggering a recession. However, many remain cautious. Below shows US economic forecasts for 2024, across (1) Wall Street, (2) Main Street, & (3) C-Suite. Do you recall, In July 2023 the Fed announced that they were no longer forecasting a recession in 2024, marking a sharp departure from earlier projections. On hindsight, does the Fed know what they were talking about 4 months ago? While the Fed staff continue to sha

$NASDAQ(.IXIC)$ increased by 10.7%, achieving double-digit gains! $DJIA(.DJI)$ notched a new 2023 high and capped off its best month in more than a year.Have You Profited From Top Stock Gains in Nov.? $Roku Inc(ROKU)$ : +75% $Coinbase Global, Inc.(COIN)$ : +62% $Block(SQ)$ : +58% $Shopify(SHOP)$ : +54% $Snap Inc(SNAP)$ : +38% $Cloudflare, Inc.(NET)$ : +36% $Palantir Technologies Inc.(PLTR)$ : +35%

The latest data showed that inflation continued to cool down, but the Federal Reserve officials suppressed the expectation of interest rate cuts, the US Treasury interest rate climbed, and the main index of the US stock market was mixed on Thursday (30 days). The Dow closed at a new high for the year, led by Salesforce and Boeing. Technology stocks were weak.On the data front, the U.S. Commerce Department said on Thursday that the personal consumption expenditures price index (PCE) rose 3.0 percent year-on-year, the slowest pace since March 2021, and the core PCE rose 3.5 percent year-on-year in October, in line with market expectations. The number of people continuing to claim unemployment benefits rose last week to its highest level since around the end of 2021, adding to evidence that t

As of the close on Friday,$S&P/ASX 200(XJO.AU)$ closed at 7,073.20 points, down 0.46% in the past 5 days.1. $IRESS LTD(IRE.AU)$ +25.38%On 30th Nov., the fintech company released a strategy update. It has upgraded its earnings guidance for FY 2024.Management now expects underlying EBITDA of $135 mln to $145 mln, higher than previous guidance of $124 mln to $134 mln.2. $HEALIUS LTD(HLS.AU)$ +22.31%On 22nd Nov., healthcare firm Healius slumped 29.5% to A$1.1975 as trading resumed after a trading halt.The company raised a total of $154 mln to reduce its net debt and reset its

[Jack Ma Urges Alibaba to ‘Correct Course’ in Internal Memo] Alibaba co-founder Jack Ma urged the company to correct course in a surprise internal memo, in which the billionaire called for fundamental change across the company he co-founded decades ago. Bloomberg's Henry Ren and Isabelle Lee join Caroline Hyde and Ed Ludlow to break it all down on "Bloomberg Technology." $Pinduoduo Inc.(PDD)$ $Alibaba(BABA)$