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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%.
US stock market early session | The three major indexes are mixed, with Rivian surging more than 31% and fedex rising more than 12%.
Growth tech stocks have mixed performance, with Tesla up nearly 3%, Broadcom up nearly 2%, nvidia slightly up; some popular China concept stocks are down, with Bilibili falling by more than 2%.
Express News | The three major stock indexes of the US opened lower, with the Dow down 0.20%, the Nasdaq down 0.12%, and the S&P 500 index down 0.21%. Rivian rose more than 36%, announcing a joint venture with Volkswagen to develop the "next generation" of electric auto
Express News | The three major indexes of the US stock market opened slightly lower, with Rivian rising over 30%.
BNP Paribas: US stocks face a "key turning point"! Are there opportunities outside of the technology industry?
The analyst from Industrial Bank of France said that if a bubble is formed, the S&P 500 index will reach 6666 points.
Deutsche Bank warns: Before the financial report season, US stocks may experience short-term pullback again.
A strategist at Deutsche Bank stated that by the end of next week, nearly half of the constituents of the S&P 500 index will enter a blackout period.