Won’t be that easy because more legislation coming under Republicans 🤦‍♀️

It will start going down this year until after election to see whose in power then you only can decide

A lot of Asian family offices took a beating from it thinking it was ultra safe 🤦‍♀️

Definitely red because late selling last night

They know that the numbers either is stagnant or inch up higher slightly but it will be 6 for sure

Look at the CPI YoY not the actual numbers Feb spike up 6% YoY 🤦‍♀️

Oil price has not go down as much because it is winter season now

Wait till summer when driving seasons start oil price will go back up thanks to OPEC cuts recently will only start to take effect come May 🤦‍♀️

Don’t be so happy yet because come next month another shock and awe coming soon by Powell if tonight numbers doesn’t have a reading that he wants

The 6% was Feb numbers I mentioned earlier 🤦‍♀️ 5% YoY is still high by all means because it is only cooled slightly

In fact oil prices has not fell rapidly as you think because new price hike haven’t factored in because of the low winter demands 🤦‍♀️ and it is lowered because Biden flushed down the price with SPR 🤦‍♀️

You will see oil price goes back up once SPR is need to be refilled coupled with summer driving seasons 🤦‍♀️

Market haven’t factored in PPI yet so don’t be so happy yet 🤦‍♀️

A 25bps is most likely next month and chances for a pause will be discussed by now

Yes earning season starting this Friday with major banks coming out

But the impact will be towards next month as it is good time now to pick up some defensive stocks now at good value

Not yet started wait after next week once the early earnings results season disappoints

Yes and today is the start of earning seasons kickoff by major banks with next week very volatile coming with regional banks and the big tech week after next

Even results is good no point 🤦‍♀️ because the guidance is more important than quarterly results

Guidance is the expectation for future earnings more important than current earnings

Delta is already is showing bad results even for holiday season travel so more to come with bad results and high PE now

CPI is only part of the data

You need to look at retail sales to complete the picture whether US consumers is spending or not

Not suprising 🤦‍♀️ after the so called news

Expected waiting to pounce again at 155 level again while waiting for next year split up for gains 👏

Tesla is also moving away from manufacturing cars already

They haven’t even started yet with battery pack and power generation units which is way more profitable

Which is way they are moving from cars to battery pack and power generation 🤦‍♀️

Market now trading sideways until next Fed Meeting early May hence this few days will see saw till then

In fact it is the time to buy if you are in long term horizon 🤦‍♀️

As long as you are staying away or underweight from discretionary and cyclical sectors it will be fine

Look at Dr Horton you will be surprised how strong the economy is

Now it is great time as healthcare is undervalued while tech is undergoing correction soon to pick up good value in those stocks

As long as you trading in NYSE as in USD you are charged a 15% withholding tax, which can be offset by filing W8 Ben
form

If you wanna claim the tax you need to check with broker as some is willing to claim back on your behalf but it is not 100% back on the 15% WHT

He is claiming back the WHT because he is foreign holding hence W8BEN need to be filed because how would IRS would know because WHT is charged upfront no matter what 🤦‍♀️

And these days not all retail exempt because IRS has been quite strict as this form also helps you claim a reduction or an exemption from the U.S. tax withholding if you reside in a country with which the United States has an income tax treaty and the income you received is subject to that treaty.

This post has been edited by xander2k8: Apr 23 2023, 07:01 PM

Some does it 🤦‍♀️ Even Stashaway for the following year but it is not the entire amount because expense needed to claim it back

Only temporary 🤦‍♀️ macro data not out yet this week wait for late week down fall 🤦‍♀️

More fights incoming now with debt ceiling fight in the house

Not so soon 🤦‍♀️ maybe in another months time