Biden's first statement before leaving office: Congress members should be prohibited from engaging in Stocks Trade.
① The President of the USA, Biden, stated in an interview that members of Congress should be prohibited from trading Stocks; ② This is the first time Biden has expressed his opinion on the issue of Congress members trading Stocks, and given that he has only one month left in his term, the impact of his statement remains unclear.
Powell: "Approaching or already at" the point of slowing down and pausing interest rate cuts, future rate decreases will require new progress in inflation (full text attached).
Powell stated that the decision to cut interest rates at this meeting was relatively difficult, as the Fed faces a roughly balanced risk in achieving its dual goals of controlling inflation and promoting employment, with significant progress already made in controlling inflation. Although interest rates have been lowered by 100 basis points, they are still 'significantly' restraining economic activity, and the Fed is 'on track to continue lowering rates.' However, before any further cuts, officials need to see more progress on inflation. Powell mentioned that the policies of the new USA administration have not yet been officially released, but the Fed has done quite a bit of preparatory work, enabling a more careful and considered assessment and appropriate policy response when specific policies are finally revealed. The Fed announced a 25 basis point rate cut on Wednesday, as the market expected, but Fed officials significantly raised the median target range for future policy rates and made substantial upwar
Annual review | The "report card" for Global major asset classes is out! Bitcoin has surged 136% this year, leading the world, with strong performances from US stocks, China assets, and Japanese stocks.
In this spectacular year, which asset classes have been dominant globally? Which market symbols have underperformed? Let's review together!
SA Sentiment Showed Two Rate Cuts for 2025 Before Fed's Latest 'Dot Plot'
The Federal Reserve may not cut interest rates next year! Wharton School professor: The sharp decline in the US stock market is not surprising.
Wharton School of Business at the University of Pennsylvania's emeritus professor of finance, Siegel, stated that the sell-off in the U.S. stock market is "healthy," and the Federal Reserve's cautious forecast about future interest rate cuts has made investors "realize the reality."
UBS Group warns: the risk of a bubble in Stocks and Assets is increasing, and it is advised to allocate Gold.
UBS Group Global Equity strategists point out that six of the seven preconditions for forming a bubble have already appeared, with the remaining one being loose MMF policy, as the Federal Reserve's interest rate cut on Thursday pushes the market further in this direction.
Jeff Bezos-Backed Perplexity Raises $500 Million, Tripling Its Valuation To $9 Billion As Competition With Google And OpenAI Heats Up
Daily Options Tracking | Musk is being investigated by the U.S. military! Tesla's Put ratio has risen to 39%; Micron fell over 14% before the market opened, with yesterday's options trading being very active, and many Put options earning over double.
The Federal Reserve breaks the bullish sentiment! The new member of the trillion Market Cap club, Broadcom, dropped nearly 7% yesterday, with Options Volume continuing to decline to 0.578 million contracts, and the Put ratio is 35%. On the Options Chain, the bullish forces are strong. The highest Call volumes for contracts expiring this Friday at $260, $250, $240, and $235 are 0.022 million, 0.019 million, 0.016 million, and 16,000 contracts respectively.
Express News | Pre-Market Trading: Micron Technology fell nearly 15% after earnings, the Cryptos Concept rebounded, and MSTR rose nearly 4%.
Express News | UOB: The Federal Reserve may cut interest rates by 75 basis points next year.
The degree of change is shocking! The Federal Reserve may have entered a "new phase."
Some economists believe that the "culprit" behind the global financial market crash on Thursday may still be Trump...
Goldman Sachs: Although the Federal Reserve is hawkish, Powell is more dovish and still expects three interest rate cuts next year.
Goldman Sachs believes that Powell leaned dovish at the press conference, mentioning four times that Federal Reserve policy remains "significantly restrictive" and disagreeing with the view that the federal funds rate is close to neutral. Goldman Sachs expects rate cuts in March, June, and September next year, but it should be noted that the cut in March requires better inflation data or worse employment data to support it.
Salesforce: Embrace AI or be eliminated.
In just three months from Agentforce 1.0 to 2.0, Salesforce has rapidly iterated on AI agents and plans to hire 2,000 people to sell its AI Software, demonstrating its commitment to going all in on AI agents.
Morgan Stanley: The results of the Federal Reserve's interest rate meeting and forward guidance are more hawkish than expected.
According to the committee's median, it is currently only expected that there will be two rate cuts in 2025, two rate cuts in 2026, and one rate cut in 2027.
Trump's tariff plan is unpopular! More than half of the USA population opposes imposing taxes on commodities from Mexico.
Standard & Poor's stated that the tariffs in the USA will raise inflation rates and reduce economic output, while some individuals and businesses are stockpiling goods in anticipation of tariff concerns, leading to a significant increase in throughput at the Port of Los Angeles and Long Beach in November.
Express News | Morgan Stanley expects that the Federal Reserve will cut interest rates by 25 basis points twice in 2025, whereas it was previously anticipated that there would be three cuts of 25 basis points after the December Federal Open Market Committee meeting.
Express News | Nomura: The Federal Reserve may cut interest rates once in 2025.
Is the direction of the stock market about to change? UBS Group suggests selling cyclical stocks and shifting to growth defensive stocks.
The UBS Group's Stocks strategy team recommends that Global investors reduce their shareholding in cyclical Stocks and suggests focusing on defensive Stocks with growth in performance.
New Federal Reserve News Agency: Has the era of ultra-low interest rates ended?
How far is the USA from the neutral interest rate? This will be the core issue determining the future direction of the Federal Reserve's policies. According to Nick Timiraos' latest article, some analysts believe that if officials conclude that the neutral interest rate has risen, the Federal Reserve may pause interest rate cuts for a considerable period.
The Federal Reserve creates a "tragedy" in the market! Traders rush to exit, how do Wall Street experts interpret this?
Powell suddenly changes his stance, investors can only clean up the mess. Under the "new phase" of MMF policy, what should be done next?