Over The Moon (@overthemoonapp) 's Twitter Profile
Over The Moon

@overthemoonapp

Portfolio tracker for your Crypto & Stocks. Track your profits, not just to the moon, but #OverTheMoon 🚀🌝

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linkhttps://overthemoon.app calendar_today16-01-2022 01:30:43

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Is this a Dead Cat Bounce for #Crypto? “A dead cat bounce is a temporary, short-lived recovery of asset prices from a prolonged decline or a bear market that is followed by the continuation of the downtrend.”

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Have you heard of GRANOLA? Goldman’s acronym that stands for GlaxoSmithKline, Roche Holding, ASML, Nestlé, Novartis, Novo Nordisk, L’Oréal, LVMH, AstraZeneca, SAP and Sanofi that accounts for almost a quarter of the Europe Stoxx 600 index. Europe’s equivalent of #FAANG

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Globally, most countries shoot for a 2% target inflation rate. This was invented by Arthur Grimes of New Zealand in 1989 who thought this was the best for the economy. The US Fed first declared this target in 2012. #Economy #Inflation

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The first ETF was launched around 30 years ago. $SPY created by State Street has climbed from $43 to $400 today. It has also generated an average total return of 9.53% during this time span.

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The average net worth of US households is $748,800. The overall median net worth of U.S. households is $121,700 which probably tells a more accurate tale.