Wats goes up will always comes down. Always to remember. Fund mgr will hv to be optimistic for liquidity for their big paycheck. All risks on investors.
Cathie Wood's prediction for a 20% gain in 2021 sours as Ark's flagship fund sees worst return since inception
Cathie Wood's expectation for a 20% gain in her Ark Invest flagship fund didn't pan out this year.
A
Not only to reduce tax payment and I also think he believes current price is hype n overvalued.They are the market makers and retail investors are always in the losing end. Also keep this in mind.
History proven Mr F prediction was not so accurate. Hence will assess his ability again, but my take is inaccuracy. [Cool]
Powell expects inflation to fall closer to Fed's goal by end of next year
Economic growth and "rapid gains" in the employment picture are supporting the central bank's decision to accelerate the tapering of its asset purchase program, Federal Reserve Chair Jerome Powell said during his post-FOMC press conference.The recent increase in COVID and the emergence of the Omicron variant "poses risk to the outlook," he said.
Brace brace brace. Rebalanced ur portfolio. Interest rate movement will move stock mkt.Mr Fed has to stop printing, which is impossible. Without QE, Mr G n Mr Fed has Infra Bill printing narrative.
What really is going on with INTEL?TSMC and other chip makers are doing well leh.My assessment is technology n innovation lagging. Good showmanship but lack substance.
The entire finance eco sys only makes Bank/wealthy super wealthier and the mid/low income commoner becomes poorer. Is proven.The eco sys must hv a way to trf wealth from Wealthy to mid/poor.