Good morning to all moomoo users!Here are the key points of this morning's first report.
●The Tokyo Stock Exchange will be closed on the 2nd
● 2024 is an election year, a comprehensive inspection of world events that are attracting attention in the market
● Expect 40,000 yen for this year's Nikkei Average and the rising dragon from the market price adage “Tatsumi ceiling”
● 24 years of generative AI, Apple and Google aim for the rise through “vertical integration”
● There is also a possibility that the yen will appreciate in the short term due to the Ishikawa Noto earthquake - strategist
● US S&P 500 faces high valuation barrier - after strong performance in the past 10 years
ー MooMoo News Sherry
Market Overview
The Dow Jones Industrial Average fell slightly for the first time in 4 business days in the US stock market on the 29th, and ended at 37,689 dollars 54 cents, down 20 dollars 56 cents (0.05%) from the previous day. The Nasdaq Composite Stock Price Index, which has a high tech stock ratio, ended at 15011.35, down 83.79 points. While the S&P 500 stock price index is approaching its highest value, there was no major material on this day, which was the last transaction of the year, and the rise came to a standstill, ending at 4769.83, a 13.52 point drop...

Of assets under managementAllocate 60% to stocks and 40% to bondsThe pros and cons are divided among major institutional strategists over the traditional American investment strategy “60/40 Portfolio,” which has penetrated even individual investors. The same strategy is for both stocks aimed at capital gains and bonds aimed at risk hedgingAssumptions that there is a negative correlationHowever, due to US financial tightening, etc.Correlation has been lost due to the unusually high level of volatility in the bond market,Recently to the same portfolioCritical opinions are gaining momentumI'm wearing it.
There is strong uncertainty in the bond market
On November 10, the previous weekend, the US rating agency Moody's Investors Service saw financial soundness risks and political polarization risks in the USCredit Rating ForecastsIt was lowered from the conventional “stable (stable)” to “negative (including weakness).” The rating was maintained at the highest “AAA,” but S&P Global Ratings and Fitch RatingsThe rating has already been lowered from “superlative”Therefore, it is an unreliable situation to use as an asset for risk hedging.
Worst performance
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