Look, buddy, today’s market news mix is here. First up, Bank of America has put even more money into Nvidia—they’re doubling down. Meaning, they think the uptrend is still on, and the chip stock game isn’t over yet. Now listen to the Fed part. Chair Warsh, at Jackson Hole, said clearly—inflation is still stubborn, and rate hikes could come back. What was confusing in July has now been made clear. The market won’t like this, because everyone was expecting cuts. Now it seems the fear of a hike is back. One more small news item— the US has imposed Iran sanctions on Egyptian bank branches. The war has been going on for 6 months, and now it’s increasing financial pressure. Middle East tensions are still fresh too. And yes, the NYT wrote an article—people are calling social media a Big Tobacco moment. So is it time for regulation? Let’s see what happens. Overall, today the Fed’s hawkish tone is the biggest factor. Nvidia is bullish, but there’s worry on the macro side. What do you think—will the Fed really hike now?

⚠️ Personal analysis, not financial advice.

#Trading #Binance #StockMarket #FederalReserve #Economy

--
Disclaimer: My personal analysis, not financial advice. DYOR.