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Fed rate cut expectations in December strengthened! The number of initial jobless claims in the United States unexpectedly rose to the highest level in 3 years.
The number of first-time unemployment claims has dropped to a seven-month low, indicating that companies are not laying off large numbers of employees. However, it is becoming increasingly difficult for unemployed individuals to find work.
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Exchange-Traded Funds Lower, Equity Futures Mixed Pre-Bell Wednesday Ahead of Crucial Inflation Data
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Beware of inflation rising again! Goldman Sachs outlook for global investment in 2025: US stocks are too expensive and under-allocated, gold remains the best hedge option
Considering the prospects of upside risks such as Trump's tariffs, geopolitical tensions, etc., Goldman Sachs recommends investors to maintain a moderate pro-risk stance in asset allocation, while balancing in a multi-asset investment portfolio: reducing the allocation of highly concentrated and overvalued US stocks, focusing on Asian stocks such as Japan, short-term government bonds, US dollars, and gold which remains the best hedging tool.
Trading reminder: U.S. stocks will be closed on Thursday for Thanksgiving and will close three hours early on Friday.
November 28 (Thursday) is the Thanksgiving holiday in the usa, and the US stock market will be closed for one day. November 29 (Friday) is the day after Thanksgiving, and the US stock market will close three hours early.
The bull market continues! Morgan Stanley projects that the US stock market will reach 6,500 points by the end of 2025, with a focus on quality cyclical stocks.
Daiwa believes that the s&p 500, represented by high-quality stocks, will benefit from the Fed's rate cut cycle, stabilization of business indicators, policy mix, and uncertainty in economic data. However, considering that specific policies have not yet been introduced, U.S. stocks have been severely overbought, and next year's market is unlikely to "rise in a straight line," the key will be to see the Trump administration's measures in cutting fiscal spending.
Forex Today: Market Focus Shifts to US Data Dump Ahead of Thanksgiving Holiday
US Core PCE Inflation Set to Hold Steady, Raising Doubts on Further Federal Reserve Rate Cut
The strong upward trend of U.S. stocks has sparked a wave of IPO recovery, bringing new hope to private equity.
The return of private equity-backed initial public offerings (IPOs) to the United States is expected to make a comeback.
Wall Street didn't prepare in vain! Trump hasn't taken office yet, but "tweeting to govern" has already begun.
① Although Trump's primary platform for social media expression may have shifted back from Twitter to his own platform, Truth Social, his habit of "governing through Twitter" has clearly not changed; ② This has led many Wall Street institutions to register for Truth Social accounts early, both before and after the election results were announced, and considering it as a precautionary measure in their strategy tracking models has proven to be a worthwhile effort!
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