Recently, the frequent release of U.S. macroeconomic data, coupled with the liquidity crisis caused by yen carry trades and ongoing geopolitical risks, has led to significant volatility in the U.S. stock market. The panic selling triggered by the July non-farm payroll report sent shockwaves through global capital markets, making investors even more attentive to the upcoming U.S. economic data.
Last week, a positive...

The stock market still has room to fall

US Q2 GDP Growth Rate QoQ Adv 2.8% vs 2% Forecast, Prior 1.4%.

The Remarks with Jerome Powell and Kai Ryssdal is scheduled for March 29 at 11:30 AM ET /March 29 at 11:30 PM SGT/March 30 at 2:30 AM AEST. Subscribe to join the live NOW!
Wondering about the insights shared by Federal Reserve Chair Jerome H. Powell at the Macroeconomics and Monetary Policy Conference? Make sure to click the "Book" button to get what Jerome Powell has to say
Disclaimer:
This presentation is for informational and educational use only and...

Humanoid robots are marvels of modern engineering, requiring a diverse array of components such as actuators for movement, sensors for environmental interaction, advanced control systems for decision-making, reliable power supplies, sophisticated chips for processing, cutting-edge software for operations, and communication systems to interact with the world around them. Each part is crucial, and theprecision...

When the 10-year Treasury yield tops 4.80%, it often indicates rising interest rates. This can have several effects on the economy:
1. **Borrowing Costs Increase:** Higher yields mean increased borrowing costs for businesses and consumers. This can lead to reduced spending and investment, slowing economic growth.
2. **Impact on Stock Market:** Higher yields may attract investors away from stocks to bonds, potentially causing a decline in the stock market. Investors may find fix...

Perhaps, as we approach the end of 2022, most investment banks did not anticipate the robust performance of the U.S. stock market in 2023 amid the "fire" of interest rate hikes. As of the closing on December 22nd, the S&P 500 index and the Nasdaq 100 index have surged by over 24% and 54% respectively this year.
Data reveals that the gains in the S&P 500 this year are primarily driven by the "Big Seven" in the tech sector—Apple, Microsoft, Google, Amaz...

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On August 1, 2023, Fitch Ratings downgraded the United States' long-term foreign-currency Issuer default rating (IDR) to AA+ from AAA. The last time an international rating agency did so was 12 years ago when Standard & Poor's cut the U.S. credit rating from AAA to AA+ in 2011.
Why downgrade?
Fitch attributed the downgrade of the U.S. to several factors, including weakened governance, rising general government deficits and debt, medium-...