No Data
No Data
How long will it take for US inflation to return to 2%? Economist at the Cleveland Fed: if the economy does not decline, it will take another 3 years.
If the improvement of the supply chain no longer drives the decline in inflation, then the only thing that can bring downward pressure is economic recession. And if there is no recession, then more patience is needed, and it will take some time for inflation to return to 2%.
Former New York Fed Chairman warns that high US debt levels could awaken the "bond market vigilantes".
Former New York Fed Chairman believes that the true threat of the massive US fiscal deficit is that the "bond market vigilantes" rebellion often comes suddenly and cruelly.
US Stock Market Outlook: Goldman Sachs predicts that the S&P 500 index will hit a new high in July; Nvidia shareholder meeting and Micron quarterly report are both coming, rising over 2% before the market opens.
BNP Paribas: with the Fed rate cut approaching, the S&P 500 index will maintain a "buy on dips" pattern; Rivian soaring nearly 42% pre-market, announced a joint venture with Volkswagen to develop the next generation of electric autos and software; FedEx surging over 14% pre-market, annual profit guidance exceeding expectations.
Don't be afraid of high prices, for memory stocks, new highs are better than lows, according to Daiwa.
Buying when memory stocks reach new highs is more likely to be profitable than buying when stock prices hit new lows. As long as there are people in the market who question the stock price, it means that the stock still has potential for growth, but the ultimate determinant is the company's earnings ability, not the valuation.
Daily Option Tracking | Nvidia rose more than 2% in pre-market trading, multiple call options doubled and increased significantly; Carnival Cruise Line rose nearly 9% after the earnings report, options trading surged.
Tesla's overnight options trading volume was 1.3 million contracts, and the call-to-put ratio decreased to 61%. Multiple call orders were active on the options chain, among which the call with the expiration date on Friday and the exercise price of $190 had the highest trading volume, reaching 122,000 contracts, with an open interest of 35,000 contracts.
Futu Morning News | Nvidia returns to the $3 trillion club! Receives support from famous investors; rate cut in sight? Fed Governor Lael Brainard: inflation control is now in sight
BNP Paribas: With the approaching of the Fed's interest rate cut, the S&P 500 index will maintain a "buy on dips" mode; Rivian receives a $500 million investment from Volkswagen in Germany, and the stock price soars more than 50% after hours; Novo Nordisk's semaglutide for obesity treatment has been approved in China, and the stock price hits a new record high again.