The ๐บ๐ธ labor market is still strong and robust. It's likely difficult to cut the federal funds rate this Mar. It's good news for the crypto market. Goldilocks is better than recessions for it.
NASDAQ is around 600 points left until the ATH(All Time High). If it breaks the ATH, it's likely difficult for the next recession to occur this year. This year is the 4th year of the ๐บ๐ธ presidential years. When it comes to the quant investment, the 2nd year of the ๐บ๐ธ presidential years is the worst year than others.
Rhee Chang Yong, the bank of Korea cheif, said that the ๐บ๐ธ economy is going on the Goldilocks, so, it's likely difficult to cut the interest rate of the South Korea early.
Source: ์ด์ฐฝ์ฉ "็พ๊ฒฝ์ ๊ณจ๋๋ฝ์ค์โฆ้ ๊ธ๋ฆฌ์ธํ ๋ ๋ฆ์ด์ง ์๋"
Since he inaugurated the BOK chief, his statements have been reliable for me. Because, his view about the real estate market was right. As well as, the BOK independently carried out the monetary policies well.
Anyways, even though the last year was better than 2022, I feel like this year is even better than 2023 ๐คฃ
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The bull market is sure this year
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