Goldman Now Sees Sep Rate Cut

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‼️ ‼️ After several strong economic and labor data releases this week, Goldman pushed its forecast for the Fed’s first rate cut back to September from July

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Goldman: Australia Pricing For Rate Cuts Too Shallow

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🇦🇺 🇦🇺 Goldman Sachs Group Inc. reckons money market pricing for Australian interest-rate cuts over the next 12 months is “too shallow,” forecasting instead that cooling inflation and rising unemployment will force the Reserve Bank to act earlier

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SpaceX Considers Selling Shares

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🚀 🚀 Elon Musk’s SpaceX has initiated discussions about selling existing shares at a price that could value the closely held company at roughly $200 billion

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AI: Poster Child Is Walmart

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🚨 🚨 Nvidia: “The poster child is Walmart. They’ve embraced not only digital solutions, but robotics, generative AI and their ad business in cloud computing, obviously in their e-commerce business”

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SEC Approves Ethereum ETFs

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🚨 🚨 BREAKING: The SEC has officially approved Ethereum ETFs

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Fed Cut Will Strengthen JPY

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🇯🇵 🇯🇵 Fed Rate Cut Will Strengthen JPY: Currency market traders are waiting for the Fed to move. A US rate cut is widely anticipated this year, and a standard move of a quarter of a percentage point down would be bigger than the 0.15-percentage-point hike that markets expect from the BOJ. All things being equal, looser US policy should weaken the dollar and boost the yen

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Goldman Warns About No Cuts In 2024

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🚨 🚨 Goldman Sachs CEO David Solomon said he currently expects that the Federal Reserve won’t cut interest rates this year. “I still don’t see the data that’s compelling to say we’re going to cut rates here,” he said, adding that he’s currently predicting “zero” cuts

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Crypto? Now Read This

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🚨 🚨 Crypto? Now Read This: Over The Last 5 Years Nvidia’s stock has surged 2,694%. Why Is This Better Than Crypto? You Are Buying The Shares Of A Company Without Which AI Cannot Function

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Nvidia Partners With Dell

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🚨 🚨 Nvidia Corp. Chief Executive Officer Jensen Huang said its partnership with Dell Technologies Inc. will spread artificial intelligence to a wider range of customers, helping businesses and organizations create their own “AI factories.”

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