The FOMC's dot plot , which is perhaps the most boring but the most terrifying chart in economics and investing right now, is the summary of where members of the Federal Open Market Committee (FOMC) expect the federal funds rate to be over the next three years. It's an estimate, not a mandate. Still, the most recent release of the dot plot shows a significantly higher range than it did in the last several meetings. The high water mark for interest rates, according to those dots, is projected at around 4.6%, which is considered to be the Fed's terminal rate, or the end rate. That's significantly higher than where we are today, higher than where it was projected to be a few months ago, and it could move even higher if inflation remains high—especially core inflation , which excludes food and energy prices but does include shelter and electricity costs. As of last Friday morning, fed fund futures , which are derivatives based on the federal funds rate, were trading as high … [Read more...] about The Great Portfolio Reset – Live from Investor Connection
Share to Twitter Share to Linkedin Bungie has been pretty good about mapping out the mid-term arc of Destiny 2. They announced The Witch Queen, Lightfall and The Final Shape as the next three expansions at the time, and now one is past, and the other two are on the horizon, with Lightfall out in February 2023, and The Final Shape, presumably, a year after that, with Bungie now being comfortable launching outside the busy holiday window. But I want to go further than that, and I have a fundamental question. How does Destiny 2 end? Here’s what we know from Bungie. Their view is that the current Light and Darkness Saga started with Shadowkeep, and will end with The Final Shape. I…take issue with that, and I think it’s just a convenient way to explain why they’re not going to bring back the Red War and Forsaken campaigns, but the point is, a major, multi-year arc is meant to end with The Final Shape. Older quotes indicate that really, this saga began with … [Read more...] about How Does ‘Destiny 2’ End?
Share to Twitter Share to Linkedin The Overwatch 2 PVP beta starts tomorrow and as we gear up for Blizzard opening it up to the general public, it’s worth taking a look at all of the confirmed hero changes. Many of the characters are being reworked due to the switch from 6v6 to 5v5, with one tank per team being dropped. MORE FROM FORBES Overwatch 2 Beta Access Will Be Given Away Through Twitch Drops From xQc, Pokimane And Many Other Streamers By Kris Holt With a couple exceptions, I won’t get into the value changes in terms of how much healing and damage a specific ability might do. Those will be in flux and might have changed from the alpha. Let’s run through the role-based passives and four major overhauls first. Role-based Passives Every hero will now have a passive ability based on their role. Tanks will have reduced knockback. Teammates who heal tanks and enemies who damage them will receive less Ultimate charge than … [Read more...] about All The ‘Overwatch 2’ Hero Ability Changes