I still don't understand how they could add a first rate cut in September after such a speech. I'm literally waiting for the message that they've reconsidered and pushed it back to November... đ
POWELL: WE DO NOT EXPECT IT WILL BE APPROPRIATE TO CUT RATES UNTIL HAVE GREATER CONFIDENCE ON INFLATION MOVING TOWARD 2%
POWELL: SO FAR THIS YEAR INFLATION READINGS HAVE NOT GIVEN US THAT GREATER CONFIDENCE
POWELL: LIKELY THAT GAINING GREATER CONFIDENCE WILL TAKE LONGER THAN PREVIOUSLY EXPECTED
How can this be seen as positive? Wall Street might be drunk todayâŠ
I still don't understand how they could add a first rate cut in September after such a speech. I'm literally waiting for the message that they've reconsidered and pushed it back to November... đ
POWELL: WE DO NOT EXPECT IT WILL BE APPROPRIATE TO CUT RATES UNTIL HAVE GREATER CONFIDENCE ON INFLATION MOVING TOWARD 2%
POWELL: SO FAR THIS YEAR INFLATION READINGS HAVE NOT GIVEN US THAT GREATER CONFIDENCE
POWELL: LIKELY THAT GAINING GREATER CONFIDENCE WILL TAKE LONGER THAN PREVIOUSLY EXPECTED
How can this be seen as positive? Wall Street might be drunk todayâŠ
BY The Wolf Of Few Streets
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Telegram auto-delete message, expiring invites, and more
elegram is updating its messaging app with options for auto-deleting messages, expiring invite links, and new unlimited groups, the company shared in a blog post. Much like Signal, Telegram received a burst of new users in the confusion over WhatsAppâs privacy policy and now the company is adopting features that were already part of its competitorsâ apps, features which offer more security and privacy. Auto-deleting messages were already possible in Telegramâs encrypted Secret Chats, but this new update for iOS and Android adds the option to make messages disappear in any kind of chat. Auto-delete can be enabled inside of chats, and set to delete either 24 hours or seven days after messages are sent. Auto-delete wonât remove every message though; if a message was sent before the feature was turned on, itâll stick around. Telegramâs competitors have had similar features: WhatsApp introduced a feature in 2020 and Signal has had disappearing messages since at least 2016.
However, analysts are positive on the stock now. âWe have seen a huge downside movement in the stock due to the central electricity regulatory commissionâs (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.
