BREAKING: 🇺🇸 Bank of America revises forecast and no longer expects any Fed interest rate cuts in 2025.
"Given a resilient labor market, we now think the Fed cutting cycle is over," the bank said.
@Fin_Watch
"Given a resilient labor market, we now think the Fed cutting cycle is over," the bank said.
@Fin_Watch
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🇺🇸 Unbelievable & Dangerous Devastation: This LA fire is one of the most destructive in US history.
-29,000 acres destroyed
-over $135 billion in economic damage
-180,000 people evacuated
@Fin_Watch
-29,000 acres destroyed
-over $135 billion in economic damage
-180,000 people evacuated
@Fin_Watch
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BREAKING: 🚨🇺🇸 Mark Zuckerberg reveals that U.S. intelligence agencies, like the CIA, can read your WhatsApp messages if they want.
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🇺🇸 Trump’s Pro-Bitcoin Treasury Secretary nominee Scott Bessent disclosed owning up to $500,000 Bitcoin through BlackRock’s ETF.
@Fin_Watch
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1. December PPI Inflation data - Tuesday
2. December CPI Inflation data - Wednesday
3. December Retail Sales data - Thursday
4. Philadelphia Fed Manufacturing Index - Thursday
5. December Housing Starts data - Friday
6. Total of 7 Fed speaker events this week
@Fin_Watch
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🇺🇸 US Congressman Buddy Carter introduces bill to abolish the IRS and repeal income, payroll, estate, and gift taxes.
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🇺🇸🇮🇳 US President-elect Trump says he will "strengthen our great partnership with India and my good friend Prime Minister Modi."
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🇺🇸 Former Congresswoman Tulsi Gabbard says, “There is value in the U.S. having its own Strategic #Bitcoin Reserve.”
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🚨 HCL Tech, India's 3rd largest IT company, gives 3-4% salary hikes to top performers, while junior employees with up to 10 years of experience received a 1-2% rise.
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🚨🚨 Insurance stocks are set to collapse:
LA wildfires have officially spread over 40,000 acres with insurance losses crossing $20 billion.
Since the market closed on Friday, estimated damages have TRIPLED to $150 billion.
@Fin_Watch
LA wildfires have officially spread over 40,000 acres with insurance losses crossing $20 billion.
Since the market closed on Friday, estimated damages have TRIPLED to $150 billion.
@Fin_Watch
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🇬🇱🇺🇸 All 5 parties in Greenland's Parliament reject US President-elect Trump's proposal for Greenland to become part of the United States.
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BREAKING: 🇺🇸 President Biden announces a one time $770 payment to victims of California wildfires.
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BREAKING: 🚨🚨 Damage and economic loss estimates in the Los Angeles wildfires have been raised to $250-$275 billion, per AccuWeather.
@Fin_Watch
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🇺🇸 Elon Musk, Mark Zuckerberg and Jeff Bezos will all attend President-Elect Donald Trump's inauguration - NBC
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🇺🇸 There will be ZERO interest rate cuts by the Federal Reserve this year warns Bank of America
@Fin_Watch
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