Results and interest rates

This week could be the most important week of the year when it comes to economics. Even more important than the elections in the USA!

The European Central Bank will probably cut rates again this week, the question is more by how much. The current market aimes at 0.50 %. Which would be an enormous push for the European economy. Then there are results of large cap companies like LVMH, , Netflix and ASML. These results combined with the third quarter results of the Chinese economy could be a katalyst for an enormous pump on the stock markets, and probably crypto too.

China stimulus

The Chinese economy was in a deep slump but the government and the central bank of China released an enormous stimulus plan which already fuelled a run on Chinese stock. But there is still a lot of margin for China to grow. Which I expect will be the case!!

The concerns of LVMH, ASML and Netflix are kind of different because the results if AI and the Chinese market push them forward like never before!

I predict an epic run for next week💪

Sincerely

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