This week in the US stock market | China's assets experience a "big carnival", goldman sachs and other major banks are all bullish! Ke Holdings surged nearly 40% during the week, with jd.com and pdd holdings rising by about 30%.
This week, the Dow Jones Industrial Average rose by 0.27% to 42175.11 points; during the same period, the S&P 500 index rose by 0.75% to 5745.37 points; the Nasdaq index rose by 1.35% to 18190.29 points during the same period.
Xinhua News Agency: Interest rate cuts have not significantly boosted demand, "soft landing" still unknown.
"New American Fed Communication Agency" stated that the US economy's soft landing ultimately requires a rebound in bank loans, yet the loan growth rate has almost stagnated over the past year. Many businesses and households have locked in the low interest rates before rate hikes, even though the Federal Reserve is currently cutting rates significantly, the distance to ultra-low interest rates is still far away. People's willingness to borrow is low, and the impact of rate cuts on boosting the economy will be limited.
Daily Options Recap | Chinese index continues to soar! KWEB call option hits nearly a hundredfold profit; AI wave ignites storage demand, micron technology trading is hot.
Under investigation by the US Department of Justice! Super Micro Computer fell more than 12% the previous trading day, put options surged to 52.6%, options volume increased significantly by 3.7 times to 0.617 million contracts compared to last night; on the options chain, the highest trading volume belongs to put options with a strike price of $400 expiring today, reaching 0.028 million contracts.
"Black Swan Fund" founder: US stocks, gold, and digital currency may experience a flash crash, timing will be before the end of the year.
Spitznagel predicts that by the end of this year, the global market may suffer an "impact" due to economic slowdown. The Fed's lowering of borrowing costs should make investors concerned and consider more about the trend of stock prices next year. Bonds may be a safe haven.
Back to flaunt again? "New American Federation of Communications": Cutting interest rates does not guarantee a soft landing.
From a certain perspective, Timiraos' articles seem to attract more market attention than those of Wall Street banks and some Federal Reserve officials; on Friday morning peking time, this figure, who can stir up the interest rate market in usa, published a latest column titled 'Rate cuts do not guarantee a soft landing'.
Tonight's heavy! The favorite inflation indicators of the Federal Reserve are coming, which may further support the Fed's position
Economists generally expect the August PCE report to further support the Fed's stance, but gold faces more than just this risk factor, investors must "fasten their seat belts" tonight...