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The market has become a nervous bird, should the Federal Reserve abandon "data dependence"?
The Federal Reserve faces an urgent problem: its reliance on data has led to recent deviations, causing excessive market volatility...
Express News | Some popular China concept stocks fell in pre-market trading, xpeng dropped over 4%, netease dropped over 3%; 3x long FTSE China ETF-Direxion fell nearly 4% before the market opened.
Do we not need to replace Powell, as Trump can still control the Fed?
Trump's increasing ambition to intervene in the Federal Reserve is becoming more evident. Analysis suggests that if Trump is elected, he might nominate a "shadow" Federal Reserve Chairman, abolish the Fed's "dual mandate" and focus solely on controlling inflation, as well as attempting to reshape the Federal Reserve system.
China Market Sentiment Likely to Stabilize in Short Term
Drive investment exceeding 11 trillion yuan, and introduce another batch of specific measures! Just now, four departments have spoken out.
Source: Securities Times Author: Guo Bohao Four departments latest statements. On October 14, the State Council Information Office held a press conference, with leaders from the State Administration for Market Regulation, Ministry of Industry and Information Technology, Ministry of Justice, China Banking and Insurance Regulatory Commission and other departments attending to introduce the relevant details of increasing assistance to enterprises. Let's take a look at the key points of the press conference: 1. Introduce the "Opinions on Guiding Online Trading Platforms to Play a Positive Role in Traffic and Supporting the Development of Small and Micro Enterprises", encouraging online trading platform companies to allocate traffic resources reasonably. 2. Implement differentiated and precise assistance for individual businesses, the State Administration for Market Regulation and relevant departments will collaborate on classification and assistance initiatives.
"Fear data" will join hands with major bank financial reports this week! Expectations of interest rate cuts will face further tests.
This week's market hot topics: retail sales, large banks, and Netflix financial reports.