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Jim Cramer Reports The GEO Group, Inc. (GEO) 'Rallied 85% And 59% Respectively Since The Beginning Of November'
Guangda Futures: The overseas market has weakly rebounded for three consecutive days, paying attention to the support situation near recent lows.
On November 28, the gold price on comex dropped by 0.12% to $2661.50 per ounce, while the main contract for Shanghai gold rose by 0.04% to 613.92 yuan per gram. Geopolitically, the Israeli military stated that several suspects were found in multiple areas in southern Lebanon, some of whom were carrying vehicles, which constitutes a violation. Regarding interest rate cuts, the latest CME "Fed Watch" data show that the probability of maintaining the current interest rate in December is 33.7%, while the cumulative probability of a 25 basis point cut is 66.3%. The probability of maintaining the current interest rate in January next year is 25.8%, with a cumulative cut of 2.
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Everbright Futures: The probability of a Federal Reserve interest rate cut in December is low. Pay attention to the development of geopolitical situations.
Last week, the price of gold on comex rose by 6.85% to $2743.20 per ounce, while the price of gold on the Shanghai Gold Exchange rose by 5.46% to 627.88 yuan per gram. Geopolitically, the commander of the Russian missile forces stated that the new missiles could target the entire europe. As for interest rate cuts, the Fed announced details of the upcoming framework review, which will not include the 2% inflation target. The focus will be on global strategy statements and communication tools. The review will include holding open 'Fed Listens' events nationwide, and discussions among policymakers will begin at the January meeting. The latest data from cme's 'Fed Watch' shows.
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