Stocks
- As expected, 0.75% was the decision for the fate hike although there were hopes of 0.5%.
- Based on previous sessions, markets went up before Jpow spoke and down the moment he opened his mouth, his intention to hike till inflation under control.
- TSLA like other tech stocks weren't spared but so far has recovered compared to other FAANG as of 3/11 2313. Fingers crossed
- Are people realizing that their money should be placed in companies which have the highest possibility of survival during downturns and massive rebounds upon pivot?
- Expects future discussion to slow down pace of tightening, when is the question?
- Current rate stands at 3.75% to 4% after 6 consecutive hikes since 2022, history.
- EM has proposed to charge blue ticks for $8/month, good potential source of revenue and with his leadership, TWTR should be able to turn for the better.
Life
- Potential business partner gave intentions to return half of capital over 3 days reason being unable to trade full amount.
- I guess current confidence is not at a high level. Will hold amount with broker till opportunity rises....pkl
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