The Dollar Will Ultimately Drop

🚨 🚨 Our Take: The Fed will cut rates at least once in 2024 so in 3Q or 4Q [depending on inflation] the dollar will drop and this drop will gather pace IF there is a second rate cut

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HSBC Sees ECB Rate Cut In June

🚨 🚨 HSBC anticipates the ECB to hold steady on interest rates at its upcoming April meeting, with a strong indication of initiating rate cuts by June

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Microsoft To Build “Stargate”

🧠 🧠 OpenAI and Microsoft are collaborating on an ambitious project to build a supercomputer named “Stargate,” with an estimated cost of up to $100 billion. This initiative is part of a broader five-phase plan, with Stargate representing the fifth phase, expected to launch as early as 2028

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Powell: Fed Not In Hurry To Cut Rates

🇺🇸 🇺🇸 Federal Reserve Chair Jerome Powell repeated that the US central bank isn’t in any rush to cut interest rates as policymakers await more evidence that inflation is contained

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Blackrock Launches Tokenization On Ethereum

🚨 🚨 Blackrock has launched the Ethereum-based BlackRock USD Institutional Digital Liquidity Fund, giving investors the opportunity to earn U.S. dollar yields. It is the first tokenized fund by the firm issued on a public blockchain

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Are Oil Stocks Back?

🛢️ 🛢️ Oil stocks are finally playing catch up as the energy sector has become one of the best performing sectors of the market this year, according to Morgan Stanley

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Homebuilders Have More Upside

🏠 🏠 Homebuilding stocks have reached new highs this year, and we see more upside in store when the Federal Reserve begins cutting rates

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