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As expected the Fed are not thinking about rate
rises for at least the next two years.Low interest rates bring their own problems in
that there is no safe way to see a return
on investments / savings.
That can lead to money going into risky types
of investment ( gambles ).Inflation would be a game changer.
Never give up, never surrender.
I am due to review my 2020 projects at the half year
to decide what to do in the 2nd half of the year.Atm my feelings are a slight adjustment would
yield much better profits.I did make the adjustments and the results are stunning.
January to June = + 5% profit
July = + 37% profitI am taking friday as holiday to lock in July 🙂
Never give up, never surrender.
US tech heavy weights earnings after the close.
Could be fireworks.
No positions for me until next week.
Never give up, never surrender.
Very strong earnings reports from AAPL, AMZN, FB. Stocks up in after hours.
The top five FAAMG stocks are now approaching 25% of SPX. Basically nothing else worth watching.
Whether these earnings are ‘better to travel’ remains to be seen. I suspect we need a ‘blow off’ to finish these FAAMG stocks bull market. Let’s see.
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