mikemccoy1313
Community MemberSteve posted an update 2 months ago
Inflation Continues to Cool as Fed Rate Cut Looms
As expected, prices rose in August, but the annual inflation rate fell to its lowest level since February 2021, according to a Labor Department report released Wednesday. This sets the stage for a likely 0.25% rate cut from the Federal Reserve at its upcoming meeting next week.
The consumer…
Steve posted an update 2 months ago
Another great book that will help you all is Atomic Habits!
Key Takeaways from Atomic Habits and How They Apply to OptionsPlayers:
- Get 1% Better Every Day (or 2% as I say)
- Clear emphasizes the power of small, consistent improvements over time. By focusing on getting just 1% better every day, you set the foundation for exponential growth.…
Steve posted an update 2 months ago
Steve posted an update 2 months ago
How a 0.5% Rate Cut Will Impact $TLT?
Inverse Relationship Between Interest Rates and Bonds:
- When the Fed cuts rates, bond prices generally rise, and $TLT, which holds long-duration U.S. Treasury bonds, could see an uptick. Since bonds are priced inversely to interest rates, a lower rate means older bonds with higher yields become more valuable.…
ontheroad, David Fanelli and Steve1 CommentThanks for the answer Steve
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