Levels expected to prevail in the longer run. Fed ex beats the street in the Second Quarter with profits rising 4 . Profits falling some 12 in the Second Quarter but its Cloud Business continues to show growth. Meantime russian president Vladimir Putin says a 50 oil price is too optimistic. But that is over for the countrys economy. So we had a 1 gain across the board yesterday. I guess after finally the first rate hike in close to 20 years. This is the day after Dow Jones Industrial up by higher than 2 points. The nasdaq gaining some 18. 5 points. We final have to lift off. The Federal Reserve raised rates. Unanimous decision. The quarter point marks. And the most accommodative policy. The fomc still sees four hikes next year. However the market is only predicting two or three for 2016. Were seeing the median forecast of 1. 375 . They have taken one hike off the table. Lets show you how a different Asset Classes have reacted. Were seeing a broad based rally and thats gaining more stre
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AMP, a global provider of connected battery management and charging technologies for electric mobility, announced the integration of Wolfspeed’s E-Series Silicon Carbide MOSFETs into AMP’s e-mobility Energy Management Unit (EMU). Using Wolfspeed’s innovative Silicon Carbide technology allows AMP to optimize battery performance, charging, and costs. AMP’s EMU is a combination.