FOMOSapien

Attention on Federal Reserve's monetary policy direction amid US government shutdown fallout
Amid the gap in economic indicators caused by the government shutdown, Chairman Powell's remarks and the FOMC meeting minutes have emerged as key variables shaping market policy expectations. Following the delay in the September employment data release, investors are currently estimating about a 90% probability that the Federal Open Market Committee(FOMC) meeting on October 29 will cut the benchmark interest rate by 25 basis points.
The challenges currently facing the market are twofold. On one hand, t

The wealth transformation of U.S. presidents: How much did their net worth really change?
Diving into the financial journey of America's commanders-in-chief reveals some eye-opening patterns. Let's look at how their personal wealth shifted from before stepping into office to after leaving it:
**The moderate climbers:**
Ronald Reagan saw his net worth grow from $10.6M to $15.4M, while George W. Bush nearly doubled his fortune from $20M to $40M. These increases were steady but relatively modest compared to others.
**The wealth accelerators:**
George H.W. Bush's trajectory was more dramatic—$4M b