Us stocks have repeatedly hit record highs, is the only driving force behind it is the Federal Reserve?

The original title: U. S. stocks have repeatedly hit new highs, behind the "push" only the Federal Reserve? Wall Street stocks hit another all-time high, while the Federal Reserve (Fed) will hold a seminar in Jackson Hole to discuss wealth inequality and the Fed's role in driving asset price inflation has come under renewed scrutiny. Admittedly, trillions of dollars in asset purchases, years of zero interest rates and 10-year bond yields are just above the official rate of 1 per cent, pushing up share prices. But some analysts believe the impact of the Fed's release may have been exaggerated.

匯通網Aug 26, 2021 20:50

US housing prices soared 23% in the second quarter, setting a record for the highest growth rate

The median price of single-family homes rose 23% year over year to a record high of $357,900, making it difficult for buyers to find affordable homes. Second-hand housing sales declined for the fourth month in a row in May. Housing prices in the US recorded the highest increase on record in the second quarter, and competition among buyers was fierce. The National Association of Realtors of America released a report on Thursday saying that the median price of a second-hand single-family home rose 23% year on year to a record high of 357,900 US dollars. Of 183 metropolitan areas, 94% reported double-digit increases in housing prices, up from 89% in the first quarter. Sluggish mortgage interest rates have triggered the US real estate market for more than a year

新浪財經Aug 12, 2021 23:32

Bank of America predicts that the UK economy will not be able to reduce V-shaped growth this year's GDP growth forecast to 6.9%

Bank of America lowered its forecast for the UK's economic growth, saying that the rebound curve is unlikely to be “V” shaped. Chief British economist Robert Wood lowered his 2021 GDP growth forecast to 6.9%, lower than the previous forecast of 7.3%. According to official data released earlier, GDP growth in the second quarter was lower than the Bank of England forecast, reflecting the impact of labor and material shortages. “GDP growth peaked in March and has been slowing almost continuously since then,” Wood wrote in a report on Thursday. “Most of the benefits brought about by the unblocking of the economy have passed, and the policy will soon change from a tailwind to a headwind

新浪財經Aug 12, 2021 22:40

Musk complains about automotive chip supply and responds to Tesla's declining deliveries in China

Tesla CEO Elon Musk complained that the world's two largest automotive chip suppliers are hampering the electric vehicle manufacturer's production. “We are subject to extreme supply chain restrictions on some 'standard' automotive chips,” Musk said in response to Ark Investment Management CEO Cathie Wood on Twitter on Thursday. “So far, the biggest problems have been with Renesas and Bosch.” Before Musk, manufacturers in the automotive industry had already complained that Japan's Renesas Electronics and Germany's Bosch had limited automobile production. Ford Motor Corp. earlier this year

新浪財經Aug 12, 2021 22:36

It is said that Melinda hired someone to investigate Gates' affair: this is an "open secret"

According to a report in Vanity Fair magazine, Microsoft co-founder Bill Gates' affair is an "open secret" and everyone around him knows about it. The report quoted two people familiar with the matter as saying that someone in the small circle of Gates'ex-wife Melinda had worked with private detectives to investigate the matter before their divorce. A spokeswoman for Melinda Gates responded: "neither Melinda nor anyone under her has ever hired a private investigator." A former employee of Gates told Vanity Fair magazine that they had seen Gates secretly change cars in the office. They say Gates sometimes drives a car.

新浪財經Jun 9, 2021 09:21

Us stocks Qitam: the best pharmaceutical stocks have soared more than nine times this year without a single product.

Cassava Sciences, a US drugmaker, has not launched a single product in its 23 years, but that does not prevent it from becoming the fastest-growing biotech stock this year, up 925 per cent. Behind the magical rise of the stock is optimism about an Alzheimer's drug the company is in the early stages of research, as well as a trading frenzy among retail investors. The company is the third-biggest gainer in the Russell 2000 index, after PlayStation and AMC. Cassava founder and CEO Remy Barbier (Remi Ba

新浪財經Jun 9, 2021 08:02