To The Moon

$First Republic Bank(FRC)$ plummeted to an all-time low in Tuesday’s trading session. The price per share hit an all-time low of $8.10 as the markets closed.It was driven by the latest earnings. Although the bank’s EPS in the first quarter topped analysts’ estimates, its deposit flight was worse than what analysts had estimated, plunging 41% to $104.5 billion, missing the estimates of $145 billion.Everyone is preparing for an imminent bankruptcy?The White House is expressing concerns about whether it has the capacity to find a solution for First Republic Bank's insolvency.The rescue plan for First Republic Bank did not succeed. The bank suspended its dividend and its shares continued to slump, raising speculation about the bank's future as a s

Welcome to review：Buffett's 10 Key Events of the Past YearWelcome to reserve the live about #2023 BRK Shareholder Meeting interpretation (Chinese) and(English) by @TBliveIn

GoldStockData.com's Don Durrett told Investing News Network that the gold $Gold - main 2306(GCmain)$ and silver $Silver - main 2307(SImain)$ rally is now running into resistance, but he thinks the last sell-off on Wall Street will clear the way for precious metals prices.He explained, "What we are waiting for is that the headwinds in the market are basically cleared. I mean, we need to see a sell-off in the stock market, and then gold prices can finally go higher." In his view, when the stock market capitulates At that time, basically investors would no longer put money into stocks, and would stay away from the bond market.Durrett sees $2,080 an ounce as the first target for an upward breakout in

In a widely anticipated move, the US Federal Reserve raised interest rates for the 10th time in just over a year. The Fed fund rate now stands at a target range of 5%-5.25%, which is the highest it has been since August 2007.Source: Bloomberg During the news conference that followed the meeting, Chairman Jerome Powell confirmed that "a decision on a pause was not made today." This is despite the omission of a sentence stating that “the Committee anticipates that some additional policy firming may be appropriate." It appears that the Fed has finally reached the terminal rates it had set out to achieve. S&P 500 & Nasdaq Index, Source: Bloomberg The bond markets initially priced a rate hike in the June Fed meeting. However, the sentiment soon changed into a likely rate pause

In a widely anticipated move, the US Federal Reserve raised interest rates for the 10th time in just over a year. The Fed fund rate now stands at a target range of 5%-5.25%, which is the highest it has been since August 2007.Source: Bloomberg During the news conference that followed the meeting, Chairman Jerome Powell confirmed that "a decision on a pause was not made today." This is despite the omission of a sentence stating that “the Committee anticipates that some additional policy firming may be appropriate." It appears that the Fed has finally reached the terminal rates it had set out to achieve. S&P 500 & Nasdaq Index, Source: Bloomberg The bond markets initially priced a rate hike in the June Fed meeting. However, the sentiment soon changed into a likely rate pause