China has taken the lead! Wall Street strategists: the next "Trump trade" may be outside of the USA.
①When looking to the future, Jay Pelosky, the founder and global strategist of the New York investment consulting firm TPW Advisory, has insights that differ from many mainstream market views; ②He believes that Trump's victory might ultimately serve as an important catalyst - driving the usa market to end its long-standing excellent performance.
Because of one person, the US dollar plummeted and US bonds soared, has the 'Trump trade' reversed?
Analysis believes that the market should remain cautious and not overinterpret the nomination of the Treasury Secretary, as the Treasury Secretary "is not the person designing the details of trade tariff implementation strategy". Under the leadership of the Trump administration, the President is the one ultimately driving policy.
Deutsche Bank is bullish on the usa economy, expecting the s&p 500 to reach 7000 points next year.
Gelonghui November 26 | Deutsche Bank strategist Binky Chadha believes that, due to the strong performance of the macro economy in the USA and the low unemployment rate, it is expected that the S&P 500 index may reach 7,000 points by the end of next year. Deutsche Bank is one of the two most optimistic Wall Street banks. Based on the closing price of the S&P 500 index on Monday, 7,000 points imply a 17% upside for the index. Previously, only Yardeni Research led by Ed Yardeni also predicted the S&P 500 index to reach 7,000 points by the end of next year. Chadha pointed out that the economic cycle is strong, corporate profits are guaranteed, driving capital toward the stock market.
In the past 24 hours, three major events are igniting the global market!
In the past 24 hours, investors in various fields including the stock market, bond market, foreign exchange market, and csi commodity equity index market have identified key “themes” affecting their respective markets. And behind all these market trends, it can actually be attributed to three major events.
Trump announced a 25% tariff on commodities from Mexico and Canada.
Trump also announced a 10% tariff on all commodities imported from china.
Express News | Trump announced that an additional 10% tariff will be imposed on commodities from china.
s&p 500 is expected to hit 7000 points! Optimistic sentiment spreads on Wall Street, with two major banks once again bullish.
① On Monday, deutsche bank set the target level for the s&p 500 index at 7000 points by the end of 2025, predicting that strong corporate earnings growth in the usa will continue into next year; ② Barclays raised the target price for the s&p 500 index for 2025 from 6500 points to 6600 points, citing the strong usa economy, gradually easing inflation, and the potential for strong profit growth from major technology companies.
Futu Daily Briefing | Trump's first batch of executive orders issued! "Canada and Mexico" face a 25% tariff; the s&p 500 hit a new high during trading! The two major Wall Street investment banks: it will reach 6600 points next year.
Federal Reserve's Kashkari: Cutting interest rates in December is a reasonable consideration; California plans to introduce electric car purchase subsidies, with Tesla being excluded; U.S. judge dismisses Trump's alleged interference in the 2020 election case.
Fed Hawks: Considering lowering interest rates next month is reasonable.
Minneapolis Fed President Kashkari said it is still appropriate to consider another rate cut at the December meeting. Chicago Fed President Evans said he expects the Fed to continue cutting rates.
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The second phase of the "Trump trade" may be about to begin...
Express News | Federal Reserve Kashkari: Still considering a 25 basis point cut in December, this is a reasonable debate for us.
Express News | Federal Reserve's Kashkari said that considering another interest rate cut at the December policy meeting is still appropriate. If there are tit-for-tat tariff measures, it may raise inflation.
U.S. stocks closed higher with all three major indices rising. The Dow, S&P, and Russell 2000 all hit record highs, while nvidia fell more than 4% against the market; bitcoin fell below $93,000, while microstrategy dropped more than 4%.
Funds continue to flow out of the technology sector, rotating into cyclical stocks. The Dow rose more than 400 points, while the Russell small cap stocks rose by 2.5% at one point. The S&P hit a new intraday high before narrowing its gains. Nvidia dropped over 4% to a three-week low, Tesla fell by nearly 4%, Nio dropped by 3.6%, but Alibaba rose by nearly 3%.
Top 20 by transaction volume | nvidia fell over 4%, with a transaction exceeding 45 billion dollars; super micro computer rose nearly 16%, rebounding over 120% from its low.
On Monday, the second highest trading volume in US stocks, Tesla, fell by 3.96%, with a trading volume of 33.059 billion USD; the fourth, microstrategy, fell by 4.37%, with a trading volume of 16.289 billion USD.
US stocks closed: The Dow Jones rose nearly 1% to a new high, while nvidia and Tesla fell sharply against the trend.
① The nasdaq china golden dragon index rose by 0.44%; ② bitcoin fell back, microstrategy dropped more than 4%; ③ international oil prices plummeted, conocophillips fell by 5%; ④ California plans to introduce electric autos purchase subsidies, with Tesla being excluded.
Two major investment banks on Wall Street: next year the s&p 500 index will reach 6600 points.
Barclays and RBC capital markets' stock strategy teams predict that the s&p 500 index will reach 6,600 points by the end of 2025.
S&P 500 Companies' Quarterly Profits Tracking Over 8% Higher, Wells Fargo Investment Says