I am back my friends !!!
While some of the FOMC statements were hawkish, the overall outcome is that the Fed is a little more dovish than the market had expected. Indeed, the Fed is shrugging off the inflationary signals from the latest University of Michigan consumer survey (which pointed towards rising inflation expectations) and instead is preferring to line the dot plot up with the growth deterioration. The slow down of QT starting in April helped as well. Stocks climbed yesterday, regaining some of their footing from a market sell-off that has been going on since February. The Dow jumped 0.9% and the S&P 500 surged just over 1%. The Nasdaq Composite gained 1.4%, but remains in correction — that is, the index is still more than 10% off its high.
The fed dot plot >>> Look at the wide dispersion around the "longer run" dots.
No real agreement on where they're heading. Source: Seek Wiser @SeekWiser_
Habits of high performing people
Source: Seek Wiser @SeekWiser_
Presented with no comment, Long-Term Gold Price, 3 centuries
Chart ~ Nick Laird, http://GoldChartsRUs.com
Fund Managers just rotated OUT OF U.S. Stocks at the fastest pace in history
source :BofA
Fitch Lowers World Growth Forecast Amid Tariffs Chaos
The ratings agency cut its U.S. 2025 growth forecast to 1.7% from 2.1%, a level well below the growth rates of close to 3.0% in both 2023 and 2024. It also lowered its U.S. GDP forecast for 2026 to 1.5% from 1.7%. Fiscal easing in China and Germany will cushion the impact of higher U.S. import tariffs, but growth in the eurozone this year will still be slower, while Mexico and Canada will experience technical recessions due to the scale of their U.S. trade exposures, it added. World growth is set to slow to 2.3% in 2025, well below trend and down from 2.9% in 2024, Fitch said. It will remain weak at 2.2% in 2026. The downgrades by Fitch follow similar moves by the Paris-based Organization for Economic Cooperation and Development this week, with a number of private-sector forecasts also moving in the same direction. source : wsj
👑 Berkshire Hathaway: The King Stays King 👑
While markets remain volatile, Warren Buffett’s Berkshire Hathaway just hit all-time highs: Berkshire’s Class A stock rose 1.8% to close at $784,957 on March 17, while its more affordable Class B shares ended the trading day at $523.01. Both were all-time highs for the shares. Berkshire’s Class B stock is up 16% this year versus a 3% decline in the benchmark S&P 500 index. source : tipranks
BREAKING 🚨: Eggs
The Great Egg Collapse of 2025 continues with prices plunging more than 60% this month. Source: Barchart @Barchart
