News and my thoughts from the last week (22 Apr 2024)

News and my thoughts from the last week (22 Apr 2024)

  • Charlie Munger Gave His Family Fortune To The 'Chinese Warren Buffett' Li Lu Who Turned It Into Over $400 Million Dollars — 'Unholy Good Returns'

  • China unloads more US Treasury bills as odds of Fed rate cuts grow slim. With the Federal Reserve suggesting interest rate cuts are unlikely in the immediate future, China has unloaded more of its US Treasury holdings - SCMP

  • Epson closure of Tuas plant in Singapore - CNA

  • IMF Steps Up Its Warning to US Over Spending and Ballooning Debt. Annual report credits unsustainable spending for US growth. US fiscal stance risks global financial instability, IMF says. - Bloomberg

  • JUST IN: Ft. Worth Texas' tallest building is facing foreclosure just 3 years after the buyer acquired the building

    The 40-story, 1M SF office building will be sold at a foreclosure auction scheduled for May 7. The seller acquired the building (801 Cherry St) in 2021 for $137M.

  • 'No need for cell towers': China has revolutionised smartphone communications. Has China found its own "Starlink"? Times of India

  • These in-house AI chips that Google and Meta just announced pose one of the first real challenges to Nvidia’s dominant position. Nvidia controls more than 90% of the AI chips market with increasing demand. - Yahoo Finance

@TigerStars

$S&P 500(.SPX)$

$Cboe Volatility Index(VIX)$

# Macro Trend

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment2

  • Top
  • Latest
  • AdairHoratio
    ·04-22
    TOP
    You make some interesting points about the news from the past week.
    Reply
    Report
    Fold Replies
    • KYHBKO
      thank you
      04-23
      Reply
      Report