Entries by Spencer Li

Weekly Market Wrap: Is the Market Rebound Running out of Steam?

While we saw some strong rebound in the markets due to lower inflation numbers (and hope of a pivot), I feel it is only a matter of time before the relief rally runs out of steam. The recent news headlines do not seem bullish: UK officially entering a recession Japan seeing the highest inflation in […]

Weekly Market Wrap: FTX Crash, Lower Inflation, Fed Pivot?

This week was a crazy week, which saw the collapse of FTX, one of the largest crypto brokerages. This will likely have more domino-effect impact on various crypto markets in the weeks to come, and not in a good way. On the plus side, the recent CPI data shows a slowing of inflation, which caused […]

Weekly Market Wrap: Bear Market Resumes after FOMC!

We had 2 major pieces of new last week, which was the FOMC and the NFP. The FOMC hiked rates by 0.75%, which was in line with expectations, but they also maintained the hardline stance of aggressively increasing rates till inflation is tamed, and would rather overshoot than undershoot, because (they think) they can remedy […]

Weekly Market Wrap: News-Driven Choppy Markets

Recently, there has been a lot more volatility in the market, as seen even in the major stock indices, where fluctuations of 2-5% a day have become the norm. In the absence of major news, the market has been reacting strongly on any minor news, making it hard to take short-term trading positions that are […]

What is Tether (USDT) Stablecoin, and is it a Good Investment?

Entering the world of cryptocurrencies is like stepping into a new dimension, with products such as stablecoins, NFTs, DeFi, Bitcoin, and many more coming out every single day. It’s hard to keep up with everything, even for the most experienced traders. That’s why it’s important to know what you’re doing and where you’re headed before […]