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🚀 How I Turned $8k into $4 Million Trading Memecoins 🚀
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📢 BREAKING: US Government Spending to Hit $6.8 Trillion in FY 2024 🔶 Massive Entitlement Spending: Medicare, Medicaid, and Social Security are set to consume $3.1 trillion, or 46% of the total budget. 🔶 Defense & Discretionary Costs: Combined defense and non-defense spending will likely exceed $1.8 trillion, making up 27% of expenditures. 🔶 Interest & Miscellaneous Spending: Net interest and other expenses are projected at $892 billion and $908 billion, each accounting for 13% of the budget. 🔶 Revenue Shortfall: With $4.7 trillion in projected revenue, this leaves a $1.9 trillion budget gap—the largest in 3 years. Conclusion: The US government faces a significant spending problem.
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I ensure that the US will be the Crypto Capital of the planet⁓ #Trump 🔥 Trump is promoting crypto heavily before the US Election 2024. 🔶 Do you think the market will pump if Trump becomes the President?
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📊 Nvidia ($NVDA) Attracts Dip Buyers: 🔶 Pre-Market Surge: $NVDA is up ~6% from its low during pre-market trading. 🔶 Market Cap Recovery: The stock has regained +$160 billion in market cap since yesterday's post-market low. 🔶 Analyst Optimism: Major banks have raised their price targets on $NVDA today. 🔶 Bullish Sentiment: The strong buying interest signals a potentially green day ahead. 🔶 Volatility = Opportunity: Large swings in tech stocks offer fantastic trading opportunities. Take Action: Market volatility is an opportunity. Join our premium service to access all our in-depth analysis!
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📊 Rate Cuts and Stock Market Impact: 🔶 Historical Gains: Over the last 70 years, large-cap stocks gained +15.6% and small-cap stocks +26.6% on average within 12 months of the first rate cut. 🔶 Short-Term Effects: Within 6 months, large caps rose +9.4% and small caps +14.2% on average. 🔶 Recession Risks: In 2007, during a recession, the S&P 500 dropped 24% and the Russell 2000 fell 16% in 12 months after the first cut. 🔶 Outperformance: In the 2001 recession, small-caps gained 2% while the S&P 500 declined 14%. Conclusion: If the Fed avoids a recession, history suggests potential upside for stocks ahead.
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