'I Do Not Think The US Economy Is In Recession:' Sahm Rule Creator Refutes Claims Amid Market Turmoil
Is an Emergency Federal Reserve Rate Cut Needed?
After a low opening on Monday, the US stock market rebounded. Has the adjustment been completed?
Multiple indicators suggest that the US stock market may be approaching a short-term bottom. The 14-day RSI of the S&P 500 index is close to 30, which is below the oversold area of 30 and is often accompanied by a short-term rebound. However, technology stocks are far from being cheap, with the Nasdaq's P/E ratio at 24 times, higher than the average level in the past decade.
Nomura's stunning statement: The next threat to the global stock market may come from the speculative forces slowly exiting US stocks.
International financial giant Nomura Securities stated on Monday that speculators who are hesitant to exit long positions in US stocks are instead posing the next major threat to the global equity market.
Japan's Suzuki Sees Bright Aspects in Japanese Economy
Market Selloff Upends Fed Rate-Cut Calculus