What to do if the Stop Out is nearly occur
Right now, many people may open their portfolios to see the overall situation of their investment portfolios. It is believed that many people are shocked because there are many uncertainties such as wars, epidemics, and disasters. A lot of investors are on HODL in early August 2024 as well.
‘Revenge Saving’ A cold turkey saving trend among Chinese teenagers
After the ‘Revenge Spending’ arose to compensate for the repression from the quarantine or being grounded for a long time, the spending trend is now changing because ‘Revenge Saving’ is going to take over, especially in Z generation people in China who decide to extremely save money due to the unstable economy and stability.
The Baht continue to appreciate, reaching its highest level in 6 months
On 5 August 2024, there was a summary of the Baht movement which reach the most appreciation point in six months at 34.35 Baht per US Dollar. The Baht continue to appreciate after the overall U.S. economic indicators weakeer than expected. There are signs that the USA may cut its policy interest rate in September in line with the Federal Reserve Bank’s policy (Fed).
