STI holds firm in the aftermath of Fed's meeting last night, though reits are falling due to the Hakwish sentiment that rates are being kept constant and may even be raised in the next months. I think the biggest probability is for rate to be kept constant till the end of the year, and market should have already priced in the fact that there will most likely not be any more rate cuts.
☕ [Task Coins Giveaway] Daily Market Talk — Warsh's First Meeting, Markets Didn't Like It
Warsh's first Fed meeting flipped expectations hawkish — S&P -1.2%, Nasdaq -1.3%. SpaceX had its first down day post-IPO, Apple's warning on iPhone price hikes, and SG exports hit a 20-year high. Let'...
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