Investors are buzzing about two things right now: Warren Buffett’s latest portfolio shake-up and Amazon’s stock soaring back toward all-time highs. Both are helping shape the mood in the US and giving investors something to feel excited about.
No surprise moves, but no green light for rate cuts yet either
At its July 2930 meeting, the US Federal Reserve kept interest rates unchanged at 4.25%-4.50%. That’s the same level it’s held since earlier this year, and Fed Chair Jerome Powell made it clear they’re not rushing into any rate cuts just yet.
Bitcoin has gained nearly 20% year-to-date, breaking out past $112,000 on July 9 amid rising institutional interest and broader risk-on sentiment. As of July 11, it’s trading around $117,745.
It’s fair to say that Q2 didn’t unfold the way many had expected at the start of April. We came into the quarter on the back foot – tariff announcements out of Washington, tensions in the Middle East, and renewed questions about global demand.
