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Wells Fargo & Co proclaimed: The US stock market is about to welcome a "Buy on the dip" opportunity!
Over the past two years, the US Stock market has repeatedly hit new highs. Wells Fargo & Co pointed out that those investors still waiting on the sidelines might find attractive entry points in 2025.
The weather is uncooperative! Will the wildfires in Los Angeles hinder the Federal Reserve from lowering interest rates?
Some economists point out that the devastating wildfires in Los Angeles will weigh down the USA economy and employment, while briefly pushing up inflation...
[Breaking News from Asia] The Fed's interest rate cut in July is back on the table! The Japanese yen suddenly surged, and Canada is preparing to retaliate against the US.
Influenced by the slowdown of core inflation in the USA, Asian stock markets rose on Thursday (January 16), and the market's expectation for the Federal Reserve to lower interest rates this year was maintained. The yen rose due to market expectations of an interest rate hike by the Bank of Japan.
Biden's farewell speech: Criticizing the formation of an oligarchy in the USA and warning about the risks of AI.
① The President of the USA, Biden, delivered a farewell speech in the Oval Office lasting 18 minutes, primarily discussing his political legacy and achievements, while also warning about risks in politics and Technology; ② Biden warned that the USA is forming an oligarchy, with power concentrated in the hands of a few super-wealthy individuals, threatening democratic institutions and fundamental rights. ③ Biden also warned about the risks of AI and mentioned the issue of false information on Social Media.
Biden delivered a farewell speech: warning that an "oligarchy" dominated by super-rich individuals is forming.
In his farewell speech, Biden mentioned the threat of "extreme wealth" and expressed concern about the "dangerous concentration of power" in the USA. Biden directly criticized Trump and his allies. Americans believe that there has been little progress in key areas under Biden's administration.
The three giants of the Federal Reserve have spoken: confidence is high as inflation slows down, and an economic soft landing is in sight!
Federal Reserve officials welcomed the lower-than-expected increase in the December Consumer Price Index, believing it indicates that inflation is likely to continue declining.