The Fed may not have gotten what they wanted most, but the PCE data is not enough to change the rate cut outcome this month.
The Federal Reserve may not have received the inflation data it wanted on Thursday, but many economists believe that the new reading of the price indicator most favored by the Federal Reserve may still be sufficient to prompt the Federal Reserve to "cut interest rates by 25 basis points" in a step-by-step manner at its policy meeting next week.
Legendary investor once again sounds the alarm: "AI bubble" will eventually burst, leading to a collapse in the US stock market!
①Legendary investor Grantham believes that ai is a bubble, similar to past technology frenzies; ②he predicts that the US stock market will plummet significantly, but the development of ai will bring long-term transformative effects.
How were major asset classes interpreted during the 2016 election?
CITIC Securities: Recently, there has been a lot of discussion in the market about how global asset classes will evolve if Trump is re-elected. We refer to the market performance when Trump unexpectedly won in 2016 for comparative analysis. Before the 2016 election, the capital markets were dominated by risk aversion sentiment, with gold > USD and US bonds > stocks and agricultural commodities; after the election, risk assets rebounded overall, long-term interest rates continued to rise, the USD index continued its strong trend, while gold experienced a short-term decline.
Election night trading guide: key time points, key focus points, will there be any delays?
Goldman Sachs recently released a research report stating that the market has overestimated the risks of uncertainty caused by delayed election results. Goldman Sachs indicated that the speed of counting votes in this election may accelerate, and it may not be as close as reflected in the polls. The trading in the financial markets may reflect the election results on the evening of the election day or the next morning, with the key results of the county-level elections becoming the focus of the market. Although there may be some fluctuations in the first few hours of the election night, it will soon return to normal levels.
Mag 7 all fell, Nasdaq plummeted! Did the giants' financial reports collapse?
The financial reports of the giants are not bad, both revenue and profit are very outstanding, but considering the current stock price and valuation levels, the performance guidance they provide is not good enough.
"Trump trade" and dealing with "Trump trade"
Analysis suggests that, in response to potential tariff shocks, it may be appropriate to adjust the exchange rates of the Renminbi to cope, and it is recommended to avoid some heavy asset enterprises. Potential tariffs may lead to a contraction in external demand, prompting a stronger focus on stimulating domestic demand, potentially elevating consumer to an unprecedented level in financial stimulus.