Previous Close | 2.9800 |
Open | N/A |
Bid | 3.5000 |
Ask | 4.2000 |
Strike | 38.00 |
Expire Date | 2024-12-20 |
Day's Range | 2.9800 - 2.9800 |
Contract Range | N/A |
Volume | |
Open Interest | 8 |
Per the legendary investor John Hussman -- famous for predicting the 2000 and 2008 crashes, the latest stock rally is ingrained in the extreme fear of missing out. This FOMO rally may fizzle if the consensus view starts changing and valuation gets too ripe.
The US Federal Reserve (Fed) has signaled that it anticipates maintaining high-interest rates for an extended period, despite leaving them on hold for the time being. This decision, announced on Wednesday, was widely anticipated and follows recent figures indicating a cooling labor market in the world's largest economy.