"Do not watch the clock. Do what it does. Keep going." Sam Levenson.
The chart will be red some days and green others. Your only job is to still be here when it matters.
"Someone is sitting in the shade today because someone planted a tree a long time ago." Warren Buffett.
Every position you hold with patience is a tree. Plant more.
Check them less.
Mark Thursday. Core PCE, the inflation number the Fed actually watches.
Economists expect a small acceleration from April. After a Fed that just floated a hike, a hot print pours fuel on the higher for longer story.
This matters more than anything else this week.
The peace process is moving. Iran's foreign minister cites major progress, the framework has entered into force, and the Strait of Hormuz is set to reopen.
Oil is responding. WTI near $75, Brent near $79, both lower.
Falling oil quietly does part of the Fed's job. That is the real story under the surface.
Markets reopen after the long weekend with a calmer tone.
Oil is sliding, WTI back around $75, as talks between the US and Iran show real progress.
Lower crude keeps easing the inflation picture.
You will never reach your destination if you stop to answer every critic, every rumour, and every barking dog along the way. Sometimes progress is the best reply.
🇧🇷 Meet the Indio Gigante from Brazil. This bird is over three feet tall, and honestly, its legs are so long it looks like a chicken that forgot how to be a chicken.
KFC Final Boss.
Writer: Daniyal
The official FIFA World Cup ball went to space!
We're working to inspire the next generation by showing how space exploration inspires innovation in sports science — and everyday life. Learn more: go.nasa.gov/43G4z94
SpaceX is the stock story of the month. Largest IPO ever, a near 20% debut, then days of follow through.
The ambition behind it: AI data centers in space.
A tiny float and pure hype make the price wild.
The vision is what keeps everyone watching.
The most important event this week was not the rate hold. It was the message.
Warsh's Fed scrapped its easing bias, and the dot plot now signals a hike this year, with the year end rate seen near 3.8%.
The era of waiting for cuts is over. Plan for higher, not lower.
What a week to recap:
The Fed held but turned hawkish, the dot plot now points to a hike.
The US and Iran were supposed to sign their peace deal today in Switzerland - But......!!!
SpaceX kept ripping after the biggest IPO ever.
Markets still finished green.
Wild stretch.
US markets are closed today for Juneteenth.
Stocks and bonds reopen Monday.
A good day to step back from the screens and actually think instead of react.
The best portfolio decisions rarely happen during market hours anyway.
It is humbling to consider that if we harness just 1 millionth of the Sun’s power for AI, that will be much more than a million times the intelligence of all of humanity
Zerodha, Groww, Angel One & Upstox have received GIFT City approval to offer international investing, including US stocks.
Expected rollout 2-3 months.
Soon, Indian investors can buy Nvidia, Meta, Apple and more.
They can lose money there too. 😄😄
On a flat day before the Fed, $LLY is the kind of name that just keeps working.
No dependence on AI hype or rate cuts. Its oral obesity pill is the next leg of growth. When the tape holds its breath for the Fed, I am happy owning boring and essential.