BTCUSDT This week will be a super central bank week. The Federal Reserve FOMC will announce its interest rate decision, and the current interest rate is likely to remain unchanged; the European Central Bank will announce its interest rate decision; and the United States will announce the fourth quarter real GDP and fourth quarter/December core PCE.
SPX Since the 2008 and 2020 rounds of QE in different forms, we predict the S&P 500 could surpass 10,000 points as early as 2028 or by the end of 2029 at the latest. Any major volatility along the way will just be a great opportunity for us to add to our long term positions 📈
PG During the December quarter (Q2 FY25), Procter & Gamble reported a 2% year-over-year revenue increase, reaching $21.9 billion, exceeding estimates by $310 million. Adjusted EPS came in at $1.88, surpassing expectations by $0.02. Organic sales grew by 3% year-over-year. For the first time since 2019, pricing remained unchanged year-over-year, while organic volume rose by 2%, driven by healthcare, grooming, and home care, though slower demand in China impacted beauty sales.
Despite inflation concerns, consumers continue to trade up, favoring premium products and bulk purchases, underscoring P&G's strong pricing power and brand reputation. The company maintained its FY25 forecast of 2-4% revenue growth and an EPS range of $6.91 to $7.05. The key challenge ahead lies in sustaining volume growth for essentials like Gillette razors and Tide detergent as pricing-driven gains diminish.
BTCUSDT BlackRock CEO Larry Fink said that it is possible to raise interest rates sometime in the next 12 months or so, but he also warned that this situation is not his core forecast, but he sees this possibility. He said that the bond market shows that inflation may be higher than people think. If you look at the U.S. bond market a year and a half ago, the United States experienced very high inflation at that time.
BTCUSDT Brian Armstrong, CEO of Coinbase, said that since about 1 million new tokens are created every week, the traditional listing process of reviewing each one is no longer sustainable. He proposed to switch from "allowed list" to "blocked list" to help users screen high-quality tokens through user reviews and automatic scanning of on-chain data. In addition, he also emphasized that the integration of DEX and CEX will continue to deepen, and users will not need to pay attention to which platform the transaction takes place on in the future, thereby improving the overall trading experience.
SOLUSDT The latest information released by US asset management giant Fidelity on the Solana recruitment board shows that the company is recruiting a chief blockchain engineer for the Wallet blockchain platform team. Fidelity currently manages assets of US$5.8 trillion.