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    Steve posted an update a day ago

    a day ago

    Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions

    remain solid. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer…

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    Steve posted an update a day ago

    a day ago

    FOMC Decision Day: Market Sentiment Hangs in the Balance

    

    Today is a pivotal day for market sentiment as Jerome Powell takes the stage at the FOMC press conference to discuss the interest rate decision, economic projections, and broader policy outlook. The market has been waiting for this event to get clarity on whether the current short-term…

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    Steve posted an update 2 days ago

    2 days ago

    Nvidia CEO Jensen Huang still sees data centers build-out to reach $3T very soon. Ability of AI to reason can be the next breakthrough; increased availability of tokens a major part of this, Huang added. “AI is going through an inflection point,” as it becomes more widely-used. “The computer had become a generator of tokens.” Comments taken…

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