Angad Lota

Portfolio Manager at The Private Office (TPO)

[Rockstar Games @RockstarGames]

Grand Theft Auto VI: An Extended Look will premiere on Netflix on Thursday, August 27 at 20:00 BST.

[Anthony Pompliano 🌪 @APompliano]

SpaceX hit $3 trillion market cap today.

This means Elon Musk made more money in the last 24 hours than Warren Buffett made in his entire lifetime.

Insane.

[Tesla Aaron L @TeslaAaronL]

2026 will be a banger year

[The Private Office @PrivateOfficeHQ]

From 6th January 2024, Jeremy Hunt has said that the Conservative Government will reduce the National Insurance rate cut from 12% to 10% which will give 27 million people an extra £450 a year for those on the average salary of £35,000 pa.

[GURGAVIN @gurgavin]

JUST IN : RUSSIAN ECONOMY GREW 5.5% Y/Y IN 3Q, ABOVE EVERY SINGLE ECONOMIST ESTIMATE

[GURGAVIN @gurgavin]

EVERYTHING IMPORTANT THAT HAPPENED THIS WEEK

NVIDIA SAID ITS PLANNING TO ENTER THE PC CHIP MARKET AS SOON AS 2025

BITCOIN HIT $35,000 FOR FIRST TIME SINCE 2022

FACEBOOK AND INSTAGRAM WERE SUED BY MULTIPLE US STATES OVER HARMFUL YOUTH MARKETING AND HARMING MENTAL HEALTH OF YOUNG PEOPLE

CALIFORNIA SUSPENDED GENERAL MOTOR’S SELF DRIVING DIVISION CRUISE FROM OPERATING DRIVERLESS VEHICLES IN THE STATE

BUD LIGHT SIGNED THE BIGGEST SPONSORSHIP DEAL IN UFC HISTORY

MICROSOFT REPORTED ITS EARNINGS AND BEAT ANALYST ESTIMATES

GOOGLE REPORTED ITS EARNINGS AND BEAT ANALYST ESTIMATES

VISA REPORTED ITS EARNINGS AND BEAT ANALYST ESTIMATES

VISA ALSO ANNOUNCED A NEW $25 BILLION DOLLAR STOCK BUYBACK

SNAPCHAT REPORTED ITS EARNINGS AND BEAT ANALYST ESTIMATES

SNAPCHAT ALSO ANNOUNCED A NEW $500 MILLION DOLLAR STOCK BUYBACK

BANK OF CANADA ONCE AGAIN DECIDED TO NOT INCREASE INTEREST RATES

APPLE INCREASED THE PRICE OF ITS APPLE TV SUBSCRIPTION BY 50%

ISRAEL AGREED TO DELAY GROUND INVASION OF GAZA TILL AMERICA CAN GET ITS MISSILE DEFENSES IN PLACE

FACEBOOK REPORTED ITS EARNINGS AND BEAT ANALYST ESTIMATES

FACEBOOK SAID IT LOST $4 BILLION DOLLARS ON ITS METAVERSE IN THE LAST 3 MONTHS

US GDP GREW AT 4.9% ANNUALIZED IN Q3 ABOVE ECONOMIST EXPECTATIONS

AMAZON REPORTED ITS EARNINGS AND BEAT ANALYST ESTIMATES

INTEL REPORTED ITS EARNINGS AND BEAT ANALYST ESTIMATES AND RAISED GUIDANCE

GENERAL MOTOR’S SELF DRIVING DIVISION CRUISE SAID IT WOULD PAUSE ALL DRIVERLESS OPERATIONS ACROSS ALL FLEETS

JP MORGAN CEO SAID HE WOULD SELL OVER $140 MILLION DOLLARS WORTH OF SHARES

[GURGAVIN @gurgavin]

BEST RECESSION EVER

[The Private Office @PrivateOfficeHQ]

The Israel-Palestine conflict has been making headlines, but markets have surprisingly shrugged off the risk. Oil prices climbed from $87 to $90, still below the late September peak of $95. Treasury yields dipped, possibly due to falling rate expectations from the Fed. However, escalations could still impact markets. On a positive note, the FOMC minutes hinted at no major rate hikes, boosting growth stocks. The 'Magnificent 7' tech stocks led the charge, driving strong returns in US equity markets. #IsraelPalestineConflict #OilPrices #FedCommunications #TechStocks

[The Private Office @PrivateOfficeHQ]

Last week, the #Fed's decision on #interestrates made waves! Their revised 'dot plot' signaled a 'higher for longer' approach, boosting bond yields and hurting equities. And guess what? Rising rates hit equities for the third week in a row! But across the pond, the BoE took a less hawkish stance, recognizing headwinds to UK GDP growth. Result? Falling gilt yields and a weaker Sterling. Good news for the #FTSE 100, though, as it emerged as the top-performing developed market equity index! #MarketMovers #BoE #Equities 📊

[GURGAVIN @gurgavin]

MORTGAGE DEMAND IN THE US JUST HIT A NEW 28 YEAR LOW

THE AVERAGE MORTGAGE RATE FOR CURRENT MORTGAGES IN THE US IS JUST 3.6%

MEANWHILE, IF YOU GO GET A NEW MORTGAGE TODAY IT IS AT 7.5%

[GURGAVIN @gurgavin]

HAWAIIAN ELECTRIC SHARES ARE DOWN 40% TODAY ITS BIGGEST DROP EVER

IT SUPPLIES 95% + OF ALL ELECTRICITY IN HAWAII

ITS BEING INVESTIGATED WHETHER HAWAIIAN ELECTRICS EQUIPMENT CAUSED THE CURRENT WILDFIRE IN HAWAII $HE

[The Private Office @PrivateOfficeHQ]

📈 #Equities worldwide witnessed a bout of summer optimism as volumes remained low and #volatility stayed calm. Hedge funds covered shorts, fuelling a US market frenzy. Investors eye a potential #US 'soft landing' with positive #economic growth surprises and encouraging inflation data. European equities rally on hopes of Chinese stimulus boosting demand for European firms. 🌍💥

[Wall Street Mav @WallStreetMav]

That must be some kind of record ... 🔥🔥🔥

[wizzy (let me cook arc) @wizzyknows]

Todays FOMC Meeting

[Sarah Colenbrander @s_colenbrander]

"It's a population problem." 🤨

[Elon Musk @elonmusk]

At risk of stating obvious, beware of debt in turbulent macroeconomic conditions, especially when Fed keeps raising rates

[Connor Kalopsis @ConnorKalopsis]

by far the best video i’ve ever taken #messi

[Sofia Horta e Costa @SofiaHCBBG]

All of this happened in China this week. A thread. 1/10

[Sofia Horta e Costa @SofiaHCBBG]

All of this happened in China this week. A thread. 1/10

[The Private Office @PrivateOfficeHQ]

Read our latest TPO Investment Market Update here:

https://t.co/4JWgyYDRV2

We discuss; inflation projections, the domino effect of higher interest rates on the housing market and the decline of the labour demand.

#investment #interestrates #inflation #mortgagerates