quotingApp Allowing Traders to Copy Congressional Stock Portfolios Attracts $55 Million in Investments
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#711e7a3c ver:0.06
The stock market in 2023 has been influenced by perception rather than reality . Despite uncertainty around interest rates, company and individual balance sheets remain healthy, businesses are strong, and unemployment is low . Cruise ships are sold out, restaurants are packed, holiday shopping is strong, and 82% of S&P 500 companies reported positive earnings in Q3 .
The US stock market had its best week of 2023 as Treasury yields dropped, but doubts persist about a year-end rally . Concerns include signs of a cooling labor market, potential slowdown in consumer spending, and weak corporate earnings . However, bulls argue that consumer spending remains robust . The reliance on credit cards for spending is concerning, as interest payments rise and consumers dip into savings . Earnings esti...
#newstr #StockMarket #Congress #Trading #Investments #App #Autopilot
https://here.news/story/711e7a3c?ver=0.06
isaac on Nostr: this is so funny, but none of them worked before as many copied Warren Buffett while ...
this is so funny, but none of them worked before as many copied Warren Buffett while can't bear the dynamics