Worse than the Internet bubble? Bank of America: The bursting of the "XINJINGJI" bubble could lead to a 40% plunge in the S&P.
① If you listen closely, amidst the cheers of all investors for AI, the echoes of some historical bubbles are beginning to resonate between the skyscrapers of Wall Street; ② This is the latest warning issued to clients by Bank of America strategists in a report last week.
Retail Sales Slump. Cold Snap and Post-holiday Blues Depress Spending.
US Morning News Call | Nasdaq Golden Dragon China Index Rises 9% in February
U.S. stock market close: PPI boosts market sentiment, three major Indexes all rise, with the Nasdaq up 1.5%.
① The S&P 500 Index rose by 1%, while the Nasdaq increased by 1.5%; ② Large Technology stocks all rose, with NVIDIA up over 3%; ③ Chinese concept stocks varied, with the Nasdaq Golden Dragon China Index up by 1.20%; ④ Apple is reportedly continuing to work with Baidu to develop AI features for iPhone users in China in order to diversify risks.
Goldman Sachs executives: This is my last email this quarter expressing a Call for US stocks.
Scott Rubner, a strategist at Goldman Sachs and Managing Director of Global Markets, stated that the USA stock market is about to face a wave of bearish attacks. The current market is becoming increasingly crowded, and the motivation to Buy the dip is weakening, nearing negative seasonal factors. Rubner suggests paying attention to some tactical Put trade strategies.
US Morning News Call | OpenAI Lays Out Plans for GPT-5; Alibaba Stock Up 20% in February