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Assets are everything a business or person owns that has value.
✳️ Types of Assets:
1. Current Assets – Easily converted to cash:
Cash
Accounts receivable
Inventory
2. Fixed (Non-Current) Assets – Long-term value:
Property
Equipment
Vehicles
3. Intangible Assets:
Patents
Trademarks
Goodwill
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💰 P&L (Profit and Loss Statement)
Also called the Income Statement, it shows how much money a company makes or loses over a period (monthly, quarterly, yearly).
📋 P&L Includes:
Item Description
Revenue Total income from sales or services Cost of Goods Sold (COGS) Cost to produce goods or services Gross Profit Revenue – COGS Operating Expenses Salaries, rent, marketing, etc. Operating Profit Gross Profit – Operating Expenses Net Profit (or Loss) Final profit after taxes, interest, etc.
#FOMCMeeting Interest rates on hold The Federal Reserve is almost certain (about 99.9%) to maintain the federal funds rate at 4.25%–4.50%, where it’s stood since December .
Dot-plot signals hawkish tilt The updated Summary of Economic Projections (“dot plot”) is expected to show fewer rate cuts than previously signaled. Many analysts expect just one cut in 2025 (down from two earlier) .
Geopolitical & tariff risks looming Middle East tensions and recent U.S. tariffs have raised concerns about higher inflation via oil and import prices. Fed officials are heeding these risks and have emphasized caution .
Cautious, data-driven stance Despite inflation moving closer to the 2% target and a still‑strong labor market, the Fed is taking a “wait‑and‑see” approach. They want to see clearer signals—either inflation cooling sustainably or labor market softening—before making a move .
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📅 Timeline to Watch
Event Time (EST)
Policy decision released 2 p.m. on June 18 Chair Powell’s press conference 2:30 p.m. – after the announcement
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What It Means for You
Borrowers: Rate increases are unlikely—for now—but loans and mortgages stay at elevated costs.
Savers: Current rates remain favorable for savings and CDs.
Markets: Q3 has become the focus for a possible first rate cut. Futures markets put the odds around ~60% for September .
$BTC Bitcoin is trading around $103,900, down slightly after last week’s peak above $111K. Short-term pullback likely as markets cool, but long-term sentiment stays bullish with growing corporate and political interest. Watch the $100K support zone.
#TradingPairs101 In crypto or forex, a trading pair shows what you're buying and what you're selling — like BTC/ETH means you're trading Bitcoin for Ethereum. The first currency is what you're buying, the second is what you're selling.
#TrumpVsMusk Two titans, one spotlight. Trump: The political powerhouse. Musk: The tech disruptor. Egos clash, worlds collide. Who's really shaping the future?
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