'Don't Fight Nvidia' Or The Fed, Says Mohamed El-Erian, Urges Investors To Recognize Dual Influence On Market Dynamics
'Don't Fight Nvidia' Or The Fed, Says Mohamed El-Erian, Urges Investors To Recognize Dual Influence On Market Dynamics
Allianz Chief Economic Advisor Mohamed El-Erian stressed the Federal Reserve's and NVIDIA Corp.'s (NASDAQ:NVDA) substantial impact on market dynamics, in a post on X on Thursday.
Allianz首席經濟顧問Mohamed El-Erian在週四發表的一篇X上的發帖中強調了聯儲局和英偉達（納斯達克: 英偉達）對市場動態的重大影響。
What Happened: El-Erian highlighted the long-standing market adage, "Don't fight the Fed," suggesting it should now be expanded to include Nvidia. He stated, "Whatever Nvidia does greatly impacts markets — just like the Fed."
El-Erian強調了久負盛名的市場格言"不要與聯儲局作對"，並建議將其擴展到包括英偉達在內。他表示:"英偉達所做的任何事情都會對市場產生重大影響――就像聯儲局一樣。"
This statement underscores the pivotal role Nvidia plays in current market movements, akin to the Federal Reserve's influence. El-Erian's comments reflect growing market sentiment about Nvidia's substantial impact on financial markets.
這一表述凸顯了英偉達在當前市場走勢中發揮的關鍵作用，類似於聯儲局的影響力。El-Erian的評論反映了市場對英偉達在金融市場上的重大影響力的不斷增長的情緒。
"Market chatter these days suggests expanding it to "don't fight the Fed and, at least for now, don't fight Nvidia," he wrote.
"市場傳聞這些天都在暗示將其擴展到'不要與聯儲局作對'，至少暫時也不要與英偉達作對"，他寫道。
"Don't fight the Fed" has long been a mantra in financial markets.
— Mohamed A. El-Erian (@elerianm) August 28, 2024
Market chatter these days suggests expanding it to "don't fight the Fed and, at least for now, don't fight Nvidia"!
Whatever Nvidia does greatly impacts markets — just like the Fed.#markets #investing #investors...
"'不要與聯儲局作對'在金融市場上長期以來一直是一個口頭禪。"
— Mohamed A. El-Erian (@elerianm) 2024年8月28日
"這些天的市場傳聞表明，應將其擴展到'不要與聯儲局作對'，至少暫時也不要與英偉達作對！"
英偉達所做的任何事情都會對市場產生重大影響-正如聯儲局一樣。#市場 #投資 #投資者...
Why It Matters: El-Erian's warning comes at a critical juncture for the markets. On the same day, the Nasdaq and S&P 500 futures were showing resilience despite Nvidia's recent stock dip. Nvidia's shares fell following its second-quarter earnings report, which, despite beating expectations, raised concerns about the sustainability of the AI rally.
這則警告出現在市場關鍵時刻。納斯達克和標普500指數期貨在同一天表現出了韌性，儘管英偉達最近股價下跌。英偉達的股票在其第二季度業績公佈後下跌，儘管超過預期，但對人工智能行情可持續性的擔憂引發了關注。
Adding to the market's complexity, traders are adjusting their expectations for the Federal Reserve's next moves. An upward revision of the U.S. GDP growth to 3% in the second quarter has led to a reevaluation of a potential 50-basis-point rate cut in September.
市場複雜性加劇，交易員調整了對美國聯邦儲備系統下一步行動的期望。美國第二季度國內生產總值增長預期上調至3%，導致重新評估了9月份可能減息50個點子的可能性。
The market is now keenly awaiting the release of the Personal Consumption Expenditure (PCE) price index report– scheduled for 8:30 a.m. ET Friday, the Fed's preferred inflation gauge, which could significantly influence future monetary policy.
市場現在急切等待個人消費支出物價指數（PCE）報告的發佈，該報告定於週五上午8:30（美國東部時間），這是聯儲局首選的通脹測量工具，有可能對未來貨幣政策產生重大影響。
Moreover, the U.S. economy's robust performance, with an annualized growth rate of 3% in the second quarter, underscores its resilience amid high interest rates. This is the eighth consecutive quarter of growth, highlighting the economy's strength despite ongoing challenges.
此外，美國經濟在高利率環境中表現強勁，第二季度年化增長率達到3%，展示了經濟在持續面臨挑戰的情況下的強大。這是連續第8個季度的增長，突顯了經濟的強勁。
- Bitcoin Whales Tesla, MicroStrategy And Marathon Rack Up Paper Losses In Millions As King Crypto Crashed: What You Should Know
- 比特幣鯨魚特斯拉、microstrategy和馬拉松公司在比特幣大跌中累積了數百萬美元的紙上虧損：你應該知道的事情
Image Via Shutterstock
圖片來自Shutterstock。
This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
本報道使用Benzinga Neuro生成，並由Kaustubh Bagalkote