-3.14%
So. I managed to sell my shares in UNH and CI…
j/k
Christmas colors
Nah, you want a crash to lower your wealth taxes just before year end!
Did @cortana get his 13th salary yesterday?
Or is it because of ECB?
Was due to fed decision (they signalled not cutting interests as much as expected in the future)
And said they made no further progress on inflation and actually expect it to pick up more again.
Trump‘s tarriffs gonna be funny now…
Also rate hikes again in the not so dustant future are not off the table.
FED signaled 2 cuts in 2025 and 4 were priced in. I didn‘t do anything
Meanwhile I´m sitting pretty here with the outlook for my SARON mortgage, wonder if this FED change will impact SMB rates in 2025+
Yesterday, we had an about face by the Fed. BoE also pausing:
Hold onto your hats, I bought the dip!
Just to update, everything I bought today went down in value. Everything I sold, went up in value. So business as usual, then.
(source)
Now take out the Mag7 and watch the S&P500 beat by Europe
Insane drop in Novo today, showing how frothy even this stock is…
a >20% drop and still has a massive PE!
Yeah, market is being the proverbial infant dropping their toys out the pram, again.
Sir, excuse me, but the market is always efficient.*
* Nobel and other important prizes and papers cited here.