The ongoing strike at ports in the USA has led to a sudden increase in the risk of rising prices.
Ports along the east coast of the USA and the Gulf of Mexico have entered the third day of a dock workers' strike, causing unloading interruptions and potentially resulting in commodity shortages.
Standard Chartered: Giving a target price of 6170 points for the s&p 500 index over the next 12 months, with an overweight rating for the indian stock market.
On October 3, Guolonghui| Standard Chartered Wealth Management Chief Investment Office expressed optimism about stocks in the USA and India, benefiting from the soft landing of the US economy, broader profit growth, and the drive in the technology industry. Standard Chartered has set a target price of 6170 points for the s&p 500 index in the next 12 months, about 8% higher than the current price, also overweighting the Indian stock market.
Apollo CEO warns: Aggressive rate cuts by the Federal Reserve may backfire.
Apollo's CEO is concerned that the Federal Reserve may be overstimulating the economy and has issued a warning about the current pace of government spending.
Richmond Fed President: A significant interest rate cut is an adjustment, not panic, and the inflation issue has not been fully resolved.
Baljin pointed out that after experiencing the highest interest rates and easing supply chain issues in 20 years, the slowdown in the inflation rate has provided the basis for the Federal Reserve to lower interest rates in the usa.
Futubull Morning Post | Chinese concept stocks continue to surge! Triple long on the FTSE China ETF, soaring nearly 22%; Huang Renxun makes a big statement! Blackwell chip demand "crazy".
Raising the bullish flag! Goldman Sachs reiterates its optimism on the stock market in china and states that the S&P may break through 6000 points by the end of the year; Q3 deliveries fall short of expectations! Tesla drops more than 3%; Institutions: Net inflow of foreign capital into Hong Kong stocks since mid to late September amounts to 39.6 billion Hong Kong dollars, surpassing southbound funds.
Goldman Sachs experts continue to be optimistic about Chinese concept stocks, reiterating that "this time is different" in trade with China, suggesting that the S&P may break through 6000 points by the end of the year.
Rubner stated that the recent mismatch between supply and demand in the US stock market has led to a downward market volatility. Large buyers of US stocks in listed companies were only "unblocked" for buybacks until October 25th this year, while the US stock market will experience seasonal rebound by the end of the year.