🏴‍☠️ The Pirate's Weekly Buried Treasure Bulletin - 3/18/24

March 18, 2024 Dear , Welcome to The Pirate's Weekly Buried Treasure Bulletin. Your one stop shop for all things finance. Picture our newsletters as the GPS for your investment journey – direct, efficient, and available in your inbox every week. Here’s what we got on deck for you today: 💣 Will The Fed Still Cut Rates Three Times This Year?!🤔 💣 Reddit Seeking $6.5 million Valuation 💰 💣 Mike's Indices Outlook 🕵 Quick Glance 🔎 As of March 18, 2024, 12:10 PM MST Will The Fed Still Cut Rates Three Times This Year?!🤔 As I mentioned in my WOW Insider update on Friday the market has been in a stalemate ahead of Wednesday's Fed meeting. The major U.S. indexes have taken a breather from record highs as we all anticipate the latest monetary policy decision and updated economic projections. The one question everyone is begging to find answers to is: Will the Fed still cut rates three times this year as previously planned? Investors anticipate no change in the Fed's benchmark interest rates, which is expected to stay within the 5.25%-5.50% range. [See Full Article]() Reddit Seeking $6.5 million Valuation 💰 Reddit's initial public offering is currently oversubscribed between four and five times, increasing the likelihood of achieving its targeted $6.5 billion valuation. While oversubscription doesn't guarantee a strong market debut, it suggests that the company is likely to meet its anticipated price range of $31 to $34 per share during its IPO pricing in New York on Wednesday. Despite its devoted user base, Reddit has faced annual losses since its 2005 launch and has trailed behind Meta Platforms' Facebook and X. [See Full Article](=) Indices Outlook 👀📈 Mike Curtis Mumsy's Meme of the Week 😂 Want more market insights? Join Our Mastermind Group Get exclusive access to weekly webinars with Mike Curtis (a.k.a. “Right-hand Mike” or Mentor Mike) and other guest Mastermind contributors! [Find Out More]() Free Resource LEARN HOW TO DO IT YOURSELF Head to the TEAM HUB for more options training. Learn the basics of options, how to setup an account, and place your first Money Press trade through the Onramp. [Go to T.E.A.M. Hub]( Treasure Trove Tidbits: Top headlines in a glance 💰 [Reports this week provided multiple reminders that inflation isn't subsiding soon, as data showed pressures increasing at a faster-than-expected pace,]() raising concerns about its durability according to policymakers' anticipations. [On Monday, March 18, CEO Jensen Huang will commence Nvidia's annual GTC conference]() with a two-hour keynote at the SAP Center in San Jose, Calif., unveiling the company's plans for the upcoming year. [Top economists are discussing the impact of the climate crisis on the US economy.](=) According to Mark Zandi, chief economist at Moody's Analytics, the biggest economic costs over the next 10 to 20 years will likely stem from increased frequencies of natural disasters I hope you enjoyed this edition of "The Fogcutter". You can expect this in your inbox every Monday moving forward. Have a great week! - Preston [Unsubscribe]( Traders Edge Network 8180 South 700 East Suite 210 Sandy, Utah 84070 United States (801) 733-4190