The beginning of the week is so thorny, guys!!
Before Chairman Powell spoke -> The market went ahead of the news.
In his speech, he said: The economy is still stable and will continue to cut interest rates by 25 points each time in the following months. To stimulate the economy and the labor market.
In my opinion, if the number of unemployment claims continues to increase at a higher level than expected => Like last month, the FED will cut another 50 points next month is possible.
Although cutting interest rates is good for the labor market and traditional businesses, there is a risk that the economy will decline, as well as investment in the stock market and #crypto may decrease relatively.
But I also told you guys quite a lot, the market in the correction phase is an opportunity for you to optimize and add more goods to your bag.