Ahead of the FOMC rate decision early tomorrow, the mood in the financial markets yesterday and today is strange. In the October JOLT announced yesterday, the number of job openings reached a five-month high of 770,000. Of course, layoffs and the job market are suggesting a cooling down, but it’s a little uncomfortable that the number of job openings has increased. Anyway, yesterday and today, U.S. Treasury yields rose. Ahead of the FOMC, U.S. stocks traded light, but fell mainly on the Dow, and Nvidia ended lower on the talk that there would be restrictions on its use despite allowing H200 chips to be exported to China.
A U.S. Supreme Court ruling on Trump’s justification for imposing tariffs may come out within this month. Ahead of the ruling, as expected, Trump threatened Supreme Court judges with a tone that says if tariffs are canceled, the U.S. finances will be smashed. Optionaries should actively participate in these two events, as today’s U.S. interest rate decision and the U.S. Supreme Court ruling could give a market inflection point and volatility. I was going to close the trading book after seeing the results of the FOMC tomorrow, but I should play after tomorrow and participate in the U.S. Supreme Court ruling.
Take a break from your factory job and look around, and the world is full of Christmas trees and their lights. The most commonly used Christmas tree is the fir tree, which is especially known as “Korean fir.” The three main Christmas decorations are Ornaments / Baules, Garland / Wreath, and String Lights.
Christmas lights shine because of the light bulb, but recently, seeing a red ornament sculpture that is larger than a person’s size installed in front of a building in New York or Chicago, I felt like I was seeing a symbol of Christmas. The aesthetics of simplicity. It was as if I was over 50 years old when I understood that white porcelain is more beautiful than celadon, and I cried while looking at the moon jar. I think the red bauble refers to the Christmas spirit even more than the lights of the colorful Christmas tree.
This is my personal statement that I had doubts about the possibility of losing the market after tomorrow’s U.S. interest rate decision, and that I was in awe of the red bell, the symbol of the Christmas tree that welcomes the baby Jesus who is coming to bear human sins outside the factory. Since I have to make a living, I want to look around the neighborhood with a cold deal and warm heart since it’s Christmas season. Have a nice day!