US Stock Outlook | PPI data was higher than expected, and the three major indices fell slightly; strong performance! Disney rose more than 9% before the market, and NetEase rose nearly 5%
Federal Reserve Governor Kugler: We must pay attention to inflation and employment targets at the same time; uncertainty about interest rate cuts intensifies, and Fed officials are urging cautious action; TSMC has risen more than 1% before, and the agency expects the operating rate of 3 to 5 nm to remain at full capacity in the first half of next year.
Where is the end point of this round of Fed rate cuts? Goldman Sachs: Around 3.25-3.5%, 100 basis points higher than the peak of the previous cycle.
Goldman Sachs pointed out that there are two main reasons for the adjustment of the neutral rate, including the rise in interest rates in the bonds market and the updated estimates of the neutral rate by economic models. Furthermore, the adjustment is also supported by current strong fiscal spending and non-monetary policy factors such as risk appetite.
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday Ahead of Powell Speech
Powell will take the stage again in the early morning! Will he make the market happy this time?
Powell is likely to discuss recent economic data, be careful as the market may face another "bloodbath".
Stock Market Today: Dow Futures Tick Higher With Powell Speech, Trump-led Sweep in Focus
Trump trades welcome "prosperity", the USA IPO market is unfrozen.
Investors have been waiting for the usa IPO market to thaw after two years of difficult trials. Donald Trump's election victory may help make this happen.