Outlook for the US market: Waiting for tomorrow's US CPI, the Dow Jones starts 27 points higher.

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The Federal Reserve Board (FRB) is considering ending its quantitative tightening (QT) of reducing holdings such as government bonds by 2024, which could affect the direction of the bond and stock markets.
In the US market, there is a growing expectation that the US Federal Reserve Board (FRB) will complete the quantitative tightening (QT) reducing holdings of government bonds by 2024. Excessive tightening could lead to confusion in financial markets, prompting an internal reassessment of policies within the FRB. The fate of QT, aimed at reclaiming excess money in circulation, is likely to impact the sustainability of the stock market rally.

New government bonds in Japan, USA, UK, and Europe exceeding ¥300 trillion threaten the market - Stay away from long-term bonds

Illegal access to a US SEC account - Fake post about Bitcoin ETF approval
The US Securities and Exchange Commission (SEC) is currently awaiting a decision on whether to approve the first physically backed Bitcoin Exchange Traded Fund (ETF). On the 9th, there was a cybersecurity incident where a false post approving it was briefly displayed on the SEC's X (former Twitter) official account, and the authorities immediately denied it.

X denies system intrusion damage - Fake information about Bitcoin by SEC
On the 9th, Dow Inc. (formerly Twitter) stated that in a problem where the official X account of the US Securities and Exchange Commission (SEC) was hacked, false information regarding Bitcoin, a representative cryptocurrency, was circulated. The statement indicated that it was not due to an intrusion into X's system.

China falls from the top spot as the US's import partner for the first time in 17 years - Supply chains completely change
In terms of the proportion of imports to the US, China is expected to lose its top spot for the first time in 17 years in 2023. The import amount from China in January to November decreased by over 20% compared to the same period last year, with a high likelihood of being overtaken by Mexico on an annual basis. The change in supply chains is occurring against the backdrop of US-China tensions.

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Source: Bloomberg, MINKABU, Nikkei