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Stocks set to dip, treasuries up amid growth worry: markets wrap
Asian stocks look set to follow U.S. shares lower Friday after concerns about the economic growth outlook came to the fore. Treasury yields retreated and the dollar held an advance.
Federal Reserve Chair Jerome Powell overnight defended the central bank’s accommodative stance in the face of uncomfortably high inflation. Officials expect a transient surge in price pressures amid the reopening from the pandemic, but some others fear stickier inflation that could hurt the economic outlook.
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Asian stocks look set to follow U.S. shares lower Friday after concerns about the economic growth outlook came to the fore. Treasury yields retreated and the dollar held an advance.
Federal Reserve Chair Jerome Powell overnight defended the central bank’s accommodative stance in the face of uncomfortably high inflation. Officials expect a transient surge in price pressures amid the reopening from the pandemic, but some others fear stickier inflation that could hurt the economic outlook.
...
![Wall Street Today: JPMorgan warns of dot-com era 'bull trap' in Ark fund](https://sgsnsimg.moomoo.com/3537422223297100872.jpg/thumb)
![Wall Street Today: JPMorgan warns of dot-com era 'bull trap' in Ark fund](https://sgsnsimg.moomoo.com/976954289571197609.jpg/thumb)
![Wall Street Today: JPMorgan warns of dot-com era 'bull trap' in Ark fund](https://sgsnsimg.moomoo.com/1071549580160943148.jpg/thumb)
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bostonxsgp
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Hey moomooers,
Here is the latest Market Recap for you.
All three major averages notched record closes on Friday, rebounding from the previous session’s losses over concerns of a slowdown in global economic growth.
Stocks to watch: $JPMorgan (JPM.US)$, $Goldman Sachs (GS.US)$, $Bank of America (BAC.US)$. $American Airlines (AAL.US)$, $Norwegian Cruise (NCLH.US)$, etc.
Market Snapshot
Here is the latest Market Recap for you.
All three major averages notched record closes on Friday, rebounding from the previous session’s losses over concerns of a slowdown in global economic growth.
Stocks to watch: $JPMorgan (JPM.US)$, $Goldman Sachs (GS.US)$, $Bank of America (BAC.US)$. $American Airlines (AAL.US)$, $Norwegian Cruise (NCLH.US)$, etc.
Market Snapshot
![Market Recap: U.S. stocks recover to end Friday at record highs](https://sgsnsimg.moomoo.com/4436708416285701818.jpg/thumb)
![Market Recap: U.S. stocks recover to end Friday at record highs](https://sgsnsimg.moomoo.com/177616587218188525.jpg/thumb)
![Market Recap: U.S. stocks recover to end Friday at record highs](https://sgsnsimg.moomoo.com/7403157806642000451.png/thumb)
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bostonxsgp
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$Futu Holdings Ltd (FUTU.US)$ hahahaha
Translated
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bostonxsgp
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Previous moomoo course: Stock Valuation Methods
Stock valuation is often considered to be something a job should be done by professions. The truth is any investor would need a certain level of valuation skill to do their own valuation.
Here are 5 common mistakes in stock valuation
1. Using a "typical" industry multiple for all industries
The simplicity of the multiple valuation approach is both an advantage and a disadvantage. Although this method allows investors to calculate an estimated stock price quickly, it also introduces the problem of simplifying complicated information into just a ...
Stock valuation is often considered to be something a job should be done by professions. The truth is any investor would need a certain level of valuation skill to do their own valuation.
Here are 5 common mistakes in stock valuation
1. Using a "typical" industry multiple for all industries
The simplicity of the multiple valuation approach is both an advantage and a disadvantage. Although this method allows investors to calculate an estimated stock price quickly, it also introduces the problem of simplifying complicated information into just a ...
![Common valuation mistakes made by both new investors and professionals](https://sgsnsimg.moomoo.com/485681443500804639.jpg/thumb)
![Common valuation mistakes made by both new investors and professionals](https://sgsnsimg.moomoo.com/4454787720726483653.png/thumb)
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