Outlook for the USA market: Is gold heading for another uptrend? Mr. Druckenmiller warns that an early rate cut by the Federal Reserve could reignite inflation.

Hello Moomoo users!Here is the analysis of the NY stock market this evening.

Market Overview
The USA market has started, with the Dow Jones Industrial Average, consisting of high-quality stocks, down $11.01 to 43,718.92 and the tech-heavy Nasdaq Composite Index up 100.96 points at 19,084.43. The S&P 500, which consists of 500 large-cap stocks, is up 18.17 points at 5,947.21.

Rising bond yields and strong economic performance are fueling turbulence in the bond market.
● Concerns are rising that the Federal Reserve may not cut rates as much as expected, putting pressure on the bond market. The 10-year bond yield has surpassed 4.2%, pushing up borrowing costs globally. Additionally, ICE BofA's MOVE Index has hit its highest level this year, indicating increased volatility in the bond market.
Several factors such as the strong US job market, revised expectations for rate cuts, and concerns about rising inflation due to the birth of President Trump are pushing bond selling. Furthermore, the expansion of the fiscal deficit is likely to lead to increased bond issuance, which could have further impacts on the market.

Gold is once again on an upward trend.
Despite the rise in government bond yields, precious metals are increasing. Typically, when bond yields rise, the prices of gold and silver, which do not pay interest, decline.
However, with the US election looming two weeks away, there is a potential for renewed uncertainty over Donald Trump's presidency, leading investors to seek safety. Concerns exist about the extent of Israel's strong retaliation against Iran. Additionally, the Federal Reserve is being pressured to decide whether to continue with rate cuts.

Amid mounting inflation concerns in the face of Federal Reserve Chairman Powell and President Trump's second term, challenges are being faced.
Wall Street, in response to Donald Trump's reelection and the diminishing expectations of a Federal Reserve rate cut, is scaling back its rate cut observations. Analysts from JP Morgan and others are reducing the expected rate cut depth from before the election, while Nomura Securities expects the number of rate cuts next year to decrease from 4 to 1.
President Trump's economic policies, including tariff hikes and tax cuts, may lead to an increase in the inflation rate, complicating the Federal Reserve's decision-making process and potentially delaying or halting future rate cuts.
Federal Reserve Chairman Jerome Powell is required to assure investors that the Federal Reserve can address the impact of President Trump's second term amidst the global market's response to policy uncertainty and future central bank decisions.

sysco corp's Druckenmiller warns that an early rate cut by the Federal Reserve System (FRB) could potentially reignite inflation.
Stanley Druckenmiller believes that the current narrow leadership in the stock market is a warning sign of a bearish market and is critical of the Federal Reserve System's rate cuts, expressed concerns about reigniting inflation.
Druckenmiller regrets selling Nvidia shares too early, while showing short-term caution for AI stocks due to high valuations, likening the current AI trend to the Internet boom of 2000.
He mentions that the combination of human intuition and AI can generate powerful investment capabilities, potentially surpassing human-only or machine-only investors.

Foreign investment in US stock ETFs exceeded the 2021 record, pushing up the S&P 500 index.
●Investors from Europe and Asia-Pacific invested $147 billion in US stock-focused ETFs this year, surpassing the $124 billion recorded in 2021.
Among these, 106 billion dollars have flowed in from Europe, and 41 billion dollars have flowed in from the Asia-Pacific region, indicating high international interest.
While these inflows are less compared to those from US investors, they have significantly contributed to the 23% increase in the S&P500 this year.