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"Santa Claus market" is long overdue, Analyst: there will still be opportunities after the holiday!
The so-called "Santa Claus rally" may come later this year than in previous years, but late is better than never.
2024 financial events summary! The Federal Reserve's interest rate cut cycle has officially begun, with the U.S. stock market, Bitcoin, and Gold all reaching new highs, and NVIDIA's Market Cap even temporarily topping the Global rankings.
In 2024, with the Federal Reserve's first interest rate cut in four years, Global Assets flourish, with Japanese stocks, Gold, US stocks, Bitcoin, and others breaking historical highs one after another. Chinese Assets experienced an epic surge in October.
Chief Economist of Allianz: The Federal Reserve's repeated 'flip-flopping' will endanger the USA exceptionalism.
Erian believes that the Federal Reserve is being led by data, and its highly passive decision-making approach in recent years has amplified financial volatility.
Consumer confidence in the USA has dropped for the first time in three months, as concerns about Trump's tariff increases grow.
① In December, the Consumer Confidence Index in the USA fell to 104.7, below the expected value of 113.2, marking the first decline in three months; ② An increasing number of consumers are mentioning politics and tariffs, with 46% of respondents expecting tariffs to raise the cost of living, while 21% expect tariffs to create more jobs in the USA.
Wall Street 'agrees' with the Federal Reserve: predicts that the 2Y U.S. Treasury yield will drop by 50 basis points next year.
According to Zhitong Finance, Wall Street is forecasting that short-term USA Treasury yields will fall by 2025, despite the looming threats posed by the trade and tax policies of incoming President Trump on the Bonds market. Strategists' predictions are largely consistent, believing that the 2-year USA Treasury yield, which is more sensitive to Fed rate policy, will decline. They expect that 12 months from now, rates will fall at least 50 basis points from current levels. The JPMorgan Asset Management team, led by David Kelly, stated in the company's annual outlook: "While investors may be short-sightedly focusing on the speed of interest rate cuts next year and
Nikkei Flat as Bank Stocks Rise -- Market Talk