Powell starts braking
The Fed announced today another 25 bps cut of interest rates. That was expected and stimulating but the shortterm outlook is rather dry: a break, as far as further cuts are concerned is rather likely. The economy is robust enough and inflation sticky.
Markets react dissapointed
The S&P 500 reacted prompt with a decline of -1.2% after the announcement. Also Bitcoin and the whole crypto market is down. Is the Santa Clause Rallye canceled then? In my view that‘s too early to say. Of course the market has to digest a bit but that‘s no drama. I think the decline today could be an overreaction, the general upwards trend is fully intact.
Mal schauen, wo das hingeht. Eine gewisse Korrektur wäre demnächst nicht ganz überraschend, oder? 🤔
Auf jeden Fall. 👍🏻
I also think it’s just an overreaction but I believe the market is strong enough to bounce back sooner than later
I bought a few shares with this dip 😂
What did you stack?
VICI
The french Autobahn Stock?
It’s a Real state REIT at NYSE
Ah ok. Then I don’t know that one. It was Vinci btw what I First thought
VICI has a high dividend yield and also good dividend growth combined with some good historical price growth which makes it very interesting as a REIT
Nice buying moment imho
Some stocks Look attractive indeed. I have started stacking ASML for example. Also posted about it.
This is a great stock
Nice one!