Goldman Sachs regards the cooling of US non-farm data: The Federal Reserve is expected to cut interest rates twice this year, but don't get too excited about it.

JPMorgan Asset Management's Chief Global Strategist, David Kelly, believes that although the latest non-farm data shows that the US economy is gradually slowing down and the Federal Reserve expects to cut interest rates twice in 2024. However, he is not optimistic about the US stock market because of the high risk of a significant pullback in stock prices.

cls.cn11minutes ago

Biden's self-rescue effect is not good, and the momentum of the Democratic Party's 'palace forcing' continues to strengthen.

According to reports, Virginia Democratic senator Mark Warner is trying to convene a group of Democratic senators next week to discuss Biden's re-election and its possible impact on lower-level elections.

cls.cn33minutes ago

Further Rise in Jobless Rate May Prompt BNP Paribas to Call for Two Rate Cuts in 2024

Seeking AlphaJul 6 21:00

"Only God can make me drop out!" Biden passionately promises to continue the campaign, but he misspoke again this time.

On Friday, US Eastern Time, Biden stated in an interview that he will continue to run for the presidency, and that he is the best candidate to stop Trump from returning to the White House in November. However, it was a bit awkward that he misspoke during this 22-minute interview. On Monday next week, US Eastern Time, several Democratic congressmen will have a meeting to discuss persuading Biden to drop out of the race.

cls.cnJul 6 18:41

Nvidia has fallen, and bitcoin has crashed, but the US stock market continues to move forward under heavy pressure.

Bearish analysts have repeatedly misjudged the market and lost their jobs. Some institutions have even abandoned the traditional practice of setting target prices for large caps. The rising price of Mag 7 has pushed the S&P 500's P/E ratio to 26 times, higher than any election year since at least 1990.

wallstreetcnJul 6 18:38

Express News | Bank of America: the rise in index driven by giant stocks is a market feature, not a market bug.

BreakingsJul 6 14:23