Sergiu Andrei Niga
Edited
Monthly update 📜 ⚫️August was more merciful than expected, as historically one of the most difficult months. However the $SPX500 finished with +2.2%, $NSDQ100 1.7% and $DJ30 2.6%. In an increasingly complicated context, our portfolio delivered a superior result, concluding at 4.5%. 🔥🔥 Certainly among the most important events at an international level was the meeting between Putin and Trump which seemed to lead to a quick peace in the Russian-Ukrainian war, however it turned out to be just another failed attempt. ⚫️The release of the non-farm payrolls data showed a slowing U.S. economy, having added only 22,000 new jobs against 75,000 that were expected, weakening the dollar as a result.📉 Moreover this result increases the likelihood of an interest rate cut by the fed, as lower rates mean that the borrowed money has a lower cost and this should encourage citizens to borrow, giving a boost to an economy that is heading towards stagflation. ⚖️ ⚫️ Another event that could bring instability in the short term concerns Google, which was fined €2.95 billion by the European Commission for breaking antitrust competition regulations. Trump's reaction was not long in coming and he immediately threatened to impose new duties on European companies. This leads me to believe that Trump is highly unreliable, and that for every action he doesn’t like, he immediately brings up tariffs as a threat.. a bully. Copy trading is not investment advice - capital at risk - past performances does not guarantee future results
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