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Former USA Treasury Secretary Mnuchin: People are "overreacting" to the changes in Trump's policies.
Mnuchin refuted the viewpoint of another former USA Treasury Secretary, Summers, stating that there are no signs of an economic slowdown in the USA.
From debt, one can understand stocks! The CPI 'saving rain' may not be able to resolve the life-and-death crisis of the US stock market.
① For investors in the USA stock market, the significantly lower than expected USA CPI data on Wednesday is undoubtedly a "timely rain" that allows for a breather after the continuous market declines; ② however, judging from the entire day's fluctuations in the USA stock market and the performance of related markets, people may not be able to celebrate too early...
The giants of hedge funds in the USA have encountered a series of failures! Brevan Howard has already lost 5% this year, a rare occurrence in history.
Since Howard co-founded Brevan Howard in 2003, the flagship Fund has only experienced a loss exceeding 5% in one year. Since Trump was elected President of the USA last November, geopolitical turmoil and volatility in the Global market have significantly increased, and the performance of the fundamental long-short Fund has recently recorded its largest decline since May 2022.
U.S. Shares Sell-Off Has Some Starting to See Returning Value -- Market Talk
Inflation data boosts U.S. stocks, Analyst: Another major risk in the market remains ever-present.
The latest released moderate inflation data may provide a temporary boost to the market, but investors still need to be cautious.
U.S. stocks closed mixed: the three major Indexes showed varied performance, with Technology stocks rebounding strongly and the Nasdaq rising over 1%.
① Only the Dow Jones index slightly declined among the three major indices, while the Nasdaq rose by over 1%; ② Large Technology stocks generally increased, with Tesla rising by more than 7%; ③ Intel surged by 12% in after-hours trading, and the company appointed Chen Liwu as CEO.