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Why Trump - and Investors - Will Probably Be Disappointed by the Fed This Week
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b00n79 : Data on GDP was down mainlybdue to import activities. The stats was showing that businesses and industry stocked up alot hence led to import drop. The other indicators not that drastic.
Cui Nyonya Kueh OP b00n79 : Yes ..
b00n79 : Actually the macro stats are expected with some performing slightly better than forecast, which is why market was not shocked into panic. Plus of course Trump’s team giving hopes on tariff. But if we look at the past 2 weeks, transaction volume is actually not that high and active. Market sentiment focused on major financial reports and were very hopeful.
Cui Nyonya Kueh OP b00n79 : the tariff news already price in... if got chance U better sell soon. I don't really advice holding this anymore. I was wrong earlier on.
b00n79
Cui Nyonya Kueh
OP
:
haha thanks but no worries… indont have much stake in it. Already loss around USD1.6k the other night when Trump announced the u-turn, went so sleep with few put options on NVDIA Only recouped back few hundreds. So overall still down. I only used RM10k for US market… not going to make me super rich nor super poor
b00n79 : But not necessary can maintain 29
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