US market outlook: Waiting for tomorrow's US CPI, the Dow average starts at $27 higher

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What is the future of the bond and stock market even if the Fed's “quantitative tightening” ends by the end of the year
Observations are spreading in the US market that the US Federal Reserve (Fed) will end quantitative tightening (QT) to reduce holdings of government bonds etc. by the end of 2024. Excessive tightening could lead to financial market turmoil, and groundbreaking for policy review has begun even within the Federal Reserve. The whereabouts of QT, which collects surplus money circulating in the market, seems to have an impact on the sustainability of stock prices.

New government bonds between Japan, the US, the UK, and Europe that exceed 300 trillion yen threaten the market price - don't dabble in long-term bonds
Around the beginning of November last year, the two characters “supply” suddenly disappeared from bond traders' chats. When government bond prices in developed countries rose rapidly day by day and yields plummeted, bringing long-awaited profits to investors, anxiety about growing budget deficits dissipated.

Unauthorized Access to US SEC Accounts - Bitcoin ETF Approval and Fake Posting
There was a cybersecurity incident where the US Securities and Exchange Commission (SEC) was waiting to decide whether to approve a Bitcoin spot investment type exchange-traded fund (ETF) for the first time, and a false post indicating approval was temporarily displayed on the SEC X (old Twitter) official account on the 9th, and the authorities immediately denied it.

X denies system intrusion damage due to SEC's Bitcoin disinformation
US X (old Twitter) expressed the view that “it is not due to intrusion into the X system” due to an issue where the official X account of the US Securities and Exchange Commission (SEC) was hacked and disinformation surrounding bitcoin, which is a representative crypto asset (virtual currency), flowed on the 9th.

America's import partner, China is out of the lead for the first time in 17 years, and the supply network completely changed
In terms of the ratio of goods imported from the United States, it is expected that China will cease to be in the lead for the first time in 17 years in 2023. The value of imports to China from January to November decreased by more than 20% compared to the same period last year, and there is a high probability that it will be overtaken by Mexico on an annual basis. The supply network is changing against the backdrop of the US-China confrontation.

— MooMoo News Zeber
Distribution source: Bloomberg, MINKABU, Nihon Keizai Shimbun