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The number of initial unemployment claims in the USA slightly decreased to 0.22 million, below expectations.
As of the week ending March 8, the number of initial jobless claims decreased by 2,000 to 0.22 million. A survey of economists indicated that the median forecast for initial jobless claims was 0.225 million.
JPMorgan: The recent decline in U.S. stocks has "reached its point," and a steady recovery is highly likely moving forward.
JPMorgan pointed out that the crowded trades of Hedge Funds experienced a significant decline over the past month, nearing the worst levels of the past few years, indicating that much of the market adjustment may have been completed. Although the overall leverage ratio remains high, it has begun to gradually decrease. JPMorgan believes that the most ideal scenario for the market is a steady recovery, with volatility gradually decreasing, thereby providing more room for risk adjustment.
US Stock Outlook | The three major Equity Indices futures are all down, with tonight's USA initial jobless claims and PPI data coming in.
On March 13th (Thursday), in Pre-Market Trading, the three major Equity Index futures in the U.S. all fell.
The volatility of the U.S. stock market makes it difficult to have a winning strategy; the stagflation trade has become a rare winner.
The ongoing stock market crash caused by Trump's fluctuating tariff wars has continued into the third week, with hardly any winning strategy available to seek refuge. However, there is currently a trading strategy that is surging, which involves pair trading on Stocks that perform well during economic stagflation.
Is a $50 oil price really a good thing for the USA?
Privately, many executives hold a skeptical attitude towards this. For Trump, a $50 oil price is likely a Pyrrhic victory...
Signs of recession? From daily necessities to luxury goods, consumer spending in the USA is weak across the board.
Faced with ongoing tariff pressures, stubborn inflation, and new concerns about economic recession, American consumers are tightening their wallets comprehensively. Retailers like Target, Foot Locker, and Lowe’s reported weak demand in February; 'affluent customers shopping at Macy’s are also feeling uncertain, confused, and worried about what is happening.'