Market Review and Trends
Bad news from Powell: Brace for Impact
By 1M65  •  February 1, 2024
The US Federal Reserve Chairman, Jerome Powell, has come out to make a few statements regarding the interest rate policy, and he brings bad news. He intends to hold off on Interest Rate Cuts beyond March until he sees further indication that the inflation rate will stabilise at 2%. The US Stock Market has tanked as a result, S&P 500 falling 1.5%. Mr Loo has come out to make statements of his own: describing the bad news, and outlining some pieces of good news for investors. Listen in for more! 1M65 Tele Group: https://t.me/Loo1M65 1M65 Discord: bit.ly/1M65Discord Disclaimer: loo.money/disclaimer Helping Ordinary People lead Extraordinary Lives...
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By 1M65
Loo founded the Non-Profit 1M65 Movement and was one of the few non-civil servants to receive the Public Sector Transformation Award in 2018 for his 1M65 efforts. Kate, Loo’s daughter, is a 19-year-old finance guru wannabe. If you’d like to hear more from Loo and Kate on Personal Finance, please join the 1M65 Telegram Discussion Group or watch their entertaining Youtube channel.
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