JoanFishers
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Powell's speech at the Jackson Hole annual meeting clearly indicated a dovish shift in the Federal Reserve and suggested that interest rates might be cut in September. This news immediately triggered a frenzy of global assets, including stocks, bonds, commodities, and digital currency markets.
US stocks rebounded across the board, supported by Powell's dovish signals. The three major indices all rose more than 1%. Among them, the small-cap indexes rose more than 3%, and the S&P 500 and the Dow were approaching historic highs. Tech giants Nvidia and Tesla both rebounded more than 4%, while regional bank stocks also showed strength. At one point, their ETFs rose more than 6%. Although the overall increase in China Securities was small, with an increase of 0.3%, Station B rebounded 15% the day after the earnings report was released.
In terms of the international situation, large-scale attacks by Hezbollah in Lebanon and Israel's counterattack have heightened regional tension, and the market is paying close attention to this. At the same time, the news that the founder of Telegram was arrested in France also affected the relevant digital currency market. Toncoin prices once plummeted by more than 20%.
In the bond market and foreign exchange market, Powell's speech led to a sharp drop in two-year US bond yields. The US dollar index hit a new low in more than a year, while both the pound and yen strengthened significantly. Crude oil and gold prices also rose due to market expectations of interest rate cuts.
In the Asian market, China's A-shares rose slightly, while Western Development and Huawei concept stocks showed active performance, while the Hong Kong Stock Technology Index fell slightly. NetEase fell by more than 10% after the results were announced.
These developments show that global financial markets are closely watching the Federal Reserve's next steps, while also...
US stocks rebounded across the board, supported by Powell's dovish signals. The three major indices all rose more than 1%. Among them, the small-cap indexes rose more than 3%, and the S&P 500 and the Dow were approaching historic highs. Tech giants Nvidia and Tesla both rebounded more than 4%, while regional bank stocks also showed strength. At one point, their ETFs rose more than 6%. Although the overall increase in China Securities was small, with an increase of 0.3%, Station B rebounded 15% the day after the earnings report was released.
In terms of the international situation, large-scale attacks by Hezbollah in Lebanon and Israel's counterattack have heightened regional tension, and the market is paying close attention to this. At the same time, the news that the founder of Telegram was arrested in France also affected the relevant digital currency market. Toncoin prices once plummeted by more than 20%.
In the bond market and foreign exchange market, Powell's speech led to a sharp drop in two-year US bond yields. The US dollar index hit a new low in more than a year, while both the pound and yen strengthened significantly. Crude oil and gold prices also rose due to market expectations of interest rate cuts.
In the Asian market, China's A-shares rose slightly, while Western Development and Huawei concept stocks showed active performance, while the Hong Kong Stock Technology Index fell slightly. NetEase fell by more than 10% after the results were announced.
These developments show that global financial markets are closely watching the Federal Reserve's next steps, while also...
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JoanFishers
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$Alibaba (BABA.US)$ well no one can deny its quarterly yearly declining performance. for those who have flame me 2 days ago its cool. im just sharing my opinion and journey with BABA that i was once a bag holder as well. sold off early cut loss and joined the bears. was able to recoup in a month. no right no wrong just whats best for yourself.
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JoanFishers
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This year has benefited from a full recovery in the country's GDP, and some gains have been made in the financial sector. Next, we need to consider what areas, maybe industries, will lower interest rates?
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JoanFishers
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patience is key. buikd portfolio around long term eps and p/e ratio. increase patience and greatly rewarded
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JoanFishers
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Columns Mooers' Stories | Champion sharing of 235% return with various option strategies @Drgon Empty Drg
Hi, mooers. Welcome back to Mooers' Stories, where we present mooers' insights and experiences from our community. 🎤
We're honored to invite @Drgon Empty Drg, the CHAMPION of US Papertrading Competition (Season 2), to share his investment story with all the mooers in our community. Let's shout out to him!👏👏
Dive in here:
Your username is interesting! Would you mind sharing the origin of this name or...
We're honored to invite @Drgon Empty Drg, the CHAMPION of US Papertrading Competition (Season 2), to share his investment story with all the mooers in our community. Let's shout out to him!👏👏
Dive in here:
Your username is interesting! Would you mind sharing the origin of this name or...
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