Can the Federal Reserve cut interest rates next month? The crucial test is coming tonight.
As the first major data after the US presidential election, the US October CPI report, which will be released at 21:30 on Wednesday Beijing time, is likely to have a crucial impact on the future policy path of the Federal Reserve; This has also prompted some Wall Street insiders to ponder whether the next market trade theme will gradually shift from the glamorous 'Trump trade' of the past week to the interest rate perspective surrounding the Federal Reserve rate cut process...
Trillion dollars！This year, global etf set a record for attracting funds.
As of October 31, the net inflow of funds into global etf this year has reached 1.4 trillion USD, exceeding the record of 1.33 trillion for the entire year of 2021. Demand for fixed income, csi commodity equity index, and stocks etfs is booming, with an inflow of 11.7 billion USD into china stocks etf in October (etfs listed overseas in china), more than double the peak in June 2022.
Is Trump's 'gift package' overvalued, and is the rebound of US stocks detached from the fundamentals?
Top economists have pointed out key signs of weakness in usa businesses, and warned that stock investors may be overly optimistic about Trump's pro-business policies.
Bridgewater Co-CIO: U.S. stocks are worth owning, the U.S. economy is expected to have strong growth.
Bridgewater Fund co-chief investment officer Karen Karniol-Tambour said that US stocks are a "good thing" worth holding. She added that she expects strong economic growth in the USA under the leadership of the Trump administration.
Futu Morning Post | Fed 'hawkish': interest rate cuts will only stop in December if unexpected inflation appears; Blue chips party night! Shopify soared more than 21%, sea rose more than 10%, stock prices hit a new two-and-a-half-year high.
The Federal Reserve: The one-year inflation expectation for October in the usa fell to a four-year low, Netflix rose nearly 2% to hit a record high, with 70 million monthly active users on the ad-supported subscription plan, labor market expectations are improving.
Trading volume TOP 20 | Tesla fell more than 6%, previously accumulated more than 40% in the past 5 days; Nvidia rose more than 2% approaching a new high, major banks competing to raise target price before earnings report.
On Tuesday, Tesla, with the highest trading volume in the US stock market, fell by 6.15%, with a turnover of $51.421 billion. Prior to this, the stock had risen for five consecutive trading days, with a cumulative increase of over 44% over the five days; Nvidia, ranked second, rose by 2.09%, with a turnover of $29.329 billion; and MicroStrategy, ranked third, rose by 4.88%, with a turnover of $13.736 billion.