Jerry Lin
The Latest
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Fed's March Rate Cut Increasingly Uncertain Amid Economic Strength
Last week, Fed Chair Jerome Powell suggested in an interview that any potential rate cuts might be postponed until after March, with expectations set for three rate cuts this year, fewer than what the market had anticipated. 
Last week, Fed Chair Jerome Powell suggested in an interview that any potential rate cuts might be postponed until after March, with expectations set for three rate cuts this year, fewer than what the market had anticipated. -
U.S. Adds Over 350,000 Jobs in January, Exceeding Expectations
The U.S. labor market kicked off 2024 with unexpectedly robust job growth in January, adding 353,000 nonfarm payroll positions and surpassing Wall Street's forecast of 185,000, according to the Bureau of Labor Statistics. This surge in employment not only underscores the resilience of the economy but also positions the labor market as a solid foundation for sustained economic expansion. 
The U.S. labor market kicked off 2024 with unexpectedly robust job growth in January, adding 353,000 nonfarm payroll positions and surpassing Wall Street's forecast of 185,000, according to the Bureau of Labor Statistics. This surge in employment not only underscores the resilience of the economy but also positions the labor market as a solid foundation for sustained economic expansion. -
Meta Surges with Record Profits and First Dividend, Signaling Robust Financial Health
Meta Platforms, the parent company of Facebook, has announced a triumphant earnings report for the fourth quarter, marking a significant milestone with its first-ever dividend declaration. The news propelled Meta's shares to soar by 14%, reflecting investor confidence and the company's robust financial performance. 
Meta Platforms, the parent company of Facebook, has announced a triumphant earnings report for the fourth quarter, marking a significant milestone with its first-ever dividend declaration. The news propelled Meta's shares to soar by 14%, reflecting investor confidence and the company's robust financial performance. -
Bank of England Signals Openness to Future Rate Cuts Amid Economic Uncertainty
Bank of England Governor Andrew Bailey hinted that the financial markets' anticipation of future rate cuts might align with the central bank's own outlook. 
Bank of England Governor Andrew Bailey hinted that the financial markets' anticipation of future rate cuts might align with the central bank's own outlook. -
Fed Maintains Interest Rates, Cautiously Optimistic on Inflation and Economic Growth
The Federal Reserve, under the stewardship of the Federal Open Market Committee (FOMC), has maintained a cautious approach, keeping interest rates steady amidst signs of economic stabilization. The decision underscores the central bank's delicate balancing act between fostering economic growth and managing inflationary pressures. 
The Federal Reserve, under the stewardship of the Federal Open Market Committee (FOMC), has maintained a cautious approach, keeping interest rates steady amidst signs of economic stabilization. The decision underscores the central bank's delicate balancing act between fostering economic growth and managing inflationary pressures. -
Hong Kong Poised for Crypto Leap with First Spot-Bitcoin ETF Application
Harvest Global Investments, a leading asset management firm based in China, has submitted an application for a spot-bitcoin exchange-traded fund (ETF) to the Hong Kong Securities and Futures Commission (SFC). The move comes shortly after the United States saw the approval of its first spot-bitcoin ETFs, marking a pivotal moment for crypto assets on a global scale. 
Harvest Global Investments, a leading asset management firm based in China, has submitted an application for a spot-bitcoin exchange-traded fund (ETF) to the Hong Kong Securities and Futures Commission (SFC). The move comes shortly after the United States saw the approval of its first spot-bitcoin ETFs, marking a pivotal moment for crypto assets on a global scale. -
Bitcoin Surges Past $43,000, Marking Positive Start to 2024
Bitcoin's value surged past the $43,000 mark, showcasing a robust recovery in the cryptocurrency market as it heads into a positive trajectory for 2024. 
Bitcoin's value surged past the $43,000 mark, showcasing a robust recovery in the cryptocurrency market as it heads into a positive trajectory for 2024. -
Core PCE Inflation Drops Below 3%, Signaling Potential Change in Fed's Rate Strategy
According to the Commerce Department, the core PCE price index, which excludes the often-volatile food and energy sectors, rose by 0.2% in December, culminating in a 2.9% increase from the previous year. This figure fell slightly below the 3% forecasted by economists, suggesting a subtle yet potentially significant shift in the inflationary landscape. According to the Commerce Department, the core PCE price index, which excludes the often-volatile food and energy sectors, rose by 0.2% in December, culminating in a 2.9% increase from the previous year. This figure fell slightly below the 3% forecasted by economists, suggesting a subtle yet potentially significant shift in the inflationary landscape. -
Bitcoin Stabilizes at $40,000 as Outflows from World's Largest Bitcoin ETF Slow Down
The world's largest Bitcoin fund, Grayscale Bitcoin Trust (GBTC), has seen a slowdown in outflows, potentially marking an end to Bitcoin's two-week plummet. Bitcoin prices have stabilized and are currently trading around the $40,000 mark. 
The world's largest Bitcoin fund, Grayscale Bitcoin Trust (GBTC), has seen a slowdown in outflows, potentially marking an end to Bitcoin's two-week plummet. Bitcoin prices have stabilized and are currently trading around the $40,000 mark. -
Yellen Optimistic About 2024 Economy, Highlights Middle-Class Growth
Amidst a landscape of political and economic debates leading up to the 2024 election, Treasury Secretary Janet Yellen conveyed a robust and optimistic outlook for the U.S. economy, asserting her confidence in continued growth and stability. 
Amidst a landscape of political and economic debates leading up to the 2024 election, Treasury Secretary Janet Yellen conveyed a robust and optimistic outlook for the U.S. economy, asserting her confidence in continued growth and stability.
