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Bullet Dodged, S&P 500 Avoided the Worst. Heng Ah!
By 1M65  •  May 2, 2024
There was lots of Uncertainty coming into this FOMC Meeting, with fears of Interest Rate Hikes rising in view of the recent inflation, which was persistent in spite of the recent weakening of the US Economy, with GDP Growth coming in lower than expectations. Yesterday, Jerome Powell came out with Surprisingly Good news in spite of inflationary fears, rallying markets from the start of the FOMC Interview. But after the Interview, the markets proceeded to sell off in Droves! What happened? Find out with Mr Loo in today's video! 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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