The US core PCE declined.

Announced on June 28, 2024 at 21:30 in the USA.Core PCEAs a result, it was 2.8% compared to the previous month.2.6%It was.

The decline in prices is a material for interest rate cuts.Stocks are rising.This is the factor.

It was announced at 22:45 on the same day.Chicago Purchasing Managers' Index (PMI).Results rose sharply compared to the previous month's 35.4.47.4Results rose sharply.

Chicago Purchasing Managers' Index (PMI).Economic indicator that reflects the business conditions of manufacturing in specific regions rather than the entire USA.

Chicago Purchasing Managers' Index (PMI).PMI had been declining for 6 consecutive months, but this time it rose sharply.

The manufacturing industry is important to the US market.ISM Manufacturing Purchasing Managers' Index.It is.

Chicago Purchasing Managers' Index (PMI).It generally moves in a similar way to the ISM, but it is not directly linked to a 100% movement.

When the manufacturing industry is flourishing, it is easy for the stock market as a whole to decline.US 10-year bond yieldsIt causes the stock market as a whole to rise.

Core PCEIs falling.Stocks are rising.It is a place where manufacturing is starting to show signs of strength, which will put the brakes on the stock market.

Announced at 23:00 on the same dayThe University of Michigan Consumer Sentiment IndexThe result is for the previous flash value of 65.6.68.2It was.

A slight increase was observed compared to the mid-June announcement of 65.6.

The decrease in consumption is lower than the previous month's revised value of 69.1 and becomes a factor for interest rate cuts.Stocks are rising.This is the factor.

The United StatesChina's departureacceleratingDomestic manufacturingis beginning to be emphasized.

This is alsoInflationone of the factors that prolong the

Just because there is a shift away from China doesn't mean everything will be made in the USA, soMexicois being strengthened as a manufacturing base.

There is also a movement to inflow nike from Mexico to the usa.Made in chinaIt's not safe to say that mexico is safe, as there is a movement to inflow nike from mexico to the usa.

Even if it becomes expensive due to this flowThe trend of using manufacturing in the usaThe flow of using manufacturing in the usa has become stronger.

Geopolitical flow of leaving chinaThe geopolitical trend of leaving china is increasing the risk of promoting inflation in the usa.

If inflation remains high, interest rates will rise.stock market declineThis will be a contributing factor.

What to focus on is the recentUS stock earningsIt is.

Announced on June 27, 2024,NikeNike's earnings

EPS:1.01(Estimate: 0.84/Previous year same period: 0.66)

Revenue:12.6 billion dollars(Estimate: 12.8 billion dollars/Previous year same period: 12.8 billion dollars)

The profit margin is higher than expected, but the revenue is declining.

NikeThe proportion of North America's revenue accounts for about 44% of the total. More than half of the revenue is generated overseas.

Announced on June 26, 2024MUThe financial results of Micron Energy released on June 26, 2024

EPS:0.62(Estimate: 0.48 / Previous year same period: -1.43)

Revenue:6.81 billion dollars(Estimate: $6.66 billion / Previous Year: $3.67 billion)

MUThe proportion of North America's sales to MU's total revenue is about 50%. Half of the sales are generated overseas.

AIRelated stocks show strong growth even in high interest rate environments.

When the overall stock market becomes bearish, even strong-performance stocks are sold, so it is dangerous to be optimistic and ignore financial results.

The USA announced on June 27, 2024.The number of continued unemployment insurance recipientsIt is a result of 1.839 million people, an increase for the third consecutive week compared to the previous 1.821 million people.It is an increase for the third consecutive week.It was.

It is an increase for the third consecutive week.

This is.Stocks are rising.This is the factor.

Finding a job in the USA has become more difficult. It can be said that things are returning to normal. It was too good.And it can be said that it is returning to normal.

On June 25thFDX(FedEx)'s earnings on June 25th are also a testament to the strength of the US economy, even in a high interest rate environment.

the residence marketBecause there are signs of a downturn.The market peak is quite close.It can be said.

Even if the real economy is doing well, the stock market always looks ahead, so it's important to not be deceived by the surrounding atmosphere.