@d12321 17 December 2022 more from that month

#finweek 🔹 Main Events: 🗽 The Fed raised the rate by 50 bp. and everything fell, because the rate will continue to be driven up and until 2024 it will definitely not turn down. 👀 China showed a digital yuan with a reset function. Or spend the money like the government said, or it will just disappear. 😳 Elon Musk sold $3.6 billion worth of Tesla shares from December 12 to 14. And in just a week they fell by 14%. 🏖️ From January 1, Turkey introduces a 2% tax on accommodation services for tourists. Nothing is sacred... 🦅 The ECB raised the rate by 0.5% and promised to continue doing so. Previously, regulators were measured by inflation, now by the rate. 🔹 Summary: The Fed promises to complete the fight against inflation and at the same time ensure a mild recession. The paradox is that a week ago this option was a reason for optimism, and now everyone is afraid of a future crisis 🤷‍♂️ 🔹 Quotes: 📉 S&P 500 - 3,852 (↓2.21%) 🌕 Gold - $1,791 (↓0.28%) ⚫️ Oil Brent - $79.17 (↑3.32%) 💵 USD INDEX - $104.83 (↓0.10%)