Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

$Nasdaq Composite Index (.IXIC.US)$So there are two reasons ...

$Nasdaq Composite Index (.IXIC.US)$So there are two reasons for pulling up today, 1. Inflation has peaked. It is possible to peak, crude oil prices go down, but core inflation will not be so easy to go down, there will have to be a few 8%. two。 It is said that the interest rate increase will come to an end as soon as it is raised by 100 points, and it will not be increased in February next year. It depends on the inflation data at that time. Inflation can't be 2% in February, is it?! Besides, aggressive interest rate hikes will soon lead to a rapid decline in corporate profits, a sharp reduction in consumption, not to mention the risk of recession, corporate profits decline, can stocks still rise? I think the reason for the rise is that Wall Street is too rich, idle and uncomfortable, running up and down, cutting leeks everywhere, bear market Wall Street has to go to work.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
+0
2
See Original
Report
4918 Views
Comment
Sign in to post a comment
  • 456632345 : The reason for the rise is: even if the whole world can't find profitable news anymore, institutions can't keep the stock market falling to zero, right? Otherwise, is there still room to play?[undefined]

  • Sg-Jin : Many piranhas like me want to see capitulation in high growth stonks like Tesla or Google, buffet can keep his picks.

    But way too many diamond hands. They know what they hodl.

35Followers
8Following
418Visitors
Follow