Market Falls Friday After Light Earnings and 13F's | Live Stock
Retail Sales Climb Again Ahead of Holiday Shopping Season. U.S. Economy Still Has Momentum.
U.S. Import Prices Rose in October on Higher Fuel Prices
Express News | US October Retail Sales MoM +0.4% Vs +0.3% Forecast, Prior +0.4%
USD: Moderately Hawkish Remarks by Powell – ING
US Stocks Have Already Returned a Third of Post-election Gains
With the election risks dissipated, investors are frantically scooping up risk assets! Is there now no obstacle to the rise of the U.S. stock market?
Options investors are flocking into the US stock market to bet heavily on higher-risk stocks, which has supported the rising trend of US stocks against the backdrop of fading concerns over the election and the expectation that the Republicans will securely hold power in Congress next year.
All predictions are wrong! The movement of 7 trillion US dollars has caused a significant drop in Wall Street.
Wall Street analysts have previously stated that all the factors, including the Fed's rate cut, resulting in the rise of stocks and bonds markets, are in place, which will prompt investors to withdraw cash on a large scale from money market funds.
Global Fund Managers Changed Their Views After Trump Got Elected. Here's How
Is the feast of the US stock market coming to an end? US economists warn: the three major upward drivers are losing momentum.
The main driving force behind the continued rise in US stocks is nearing exhaustion, indicating that the future return on investment in US stocks will decrease significantly - this is the view of the well-known American economist David Rosenberg. Rosenberg pays special attention to factors such as recent valuations, interest rates, and room for tax cuts, believing that the 'momentum driving the rise in US stocks is almost gone.'
Options Market Statistics: Tesla Is New Pick for Daniel Loeb's Third Point; Options Pop
"Trump trade" remains popular, but how much longer can it last.
Stocks, bonds, and other assets are already expensive relative to historical levels. Trump's trade protectionism policy may lead to a resurgence of inflation and force the Federal Reserve to maintain interest rates at high levels for a longer period of time. In addition, the US economy is facing continuously expanding fiscal deficits and a labor market that is already showing signs of fatigue, which could put pressure on the economic growth outlook.
11/15 [Strong and Weak Materials]
[Bullish and Bearish Materials] Bullish materials: 1 dollar = 156.30-40 yen; Chicago Nikkei futures are rising (38970, +390); US crude oil futures are rising (68.70, +0.27); active share buyback; requests for corporate value enhancement from the Tokyo Stock Exchange. Bearish materials: Nikkei average is dropping (38535.70, -185.96); dow jones industrial average is dropping (43750.86, -207.33); Nasdaq composite index is dropping (19107.65, -123.07); SOX index is dropping (5004.59, -.
US Stocks Decline As Powell Comments Weigh On Rate Cut Outlook
Late night broadcasting! Powell: The economy is strong, the Federal Reserve does not need to rush to cut interest rates, there is time to understand the impact of Trump's policies.
Powell stated that labor market indicators are returning to more normal levels consistent with the Federal Reserve's full employment target; inflation will continue to decline towards the target of 2%, although there may be occasional fluctuations; the interest rate path is not preset and depends on data and economic outlook. If the data tells us to slow down rate cuts, slowing down is the wise choice; Congress generally believes that the Fed's independence is very important, concluding prematurely on the policies of the Trump administration. The Fed will act cautiously before policy is more certain; the impact of AI may be later and greater than we expect.
Powell Says Fed Will Likely Cut Rates Cautiously Given Persistent Inflation Pressures
Stocks End Lower After Powell Throws Cold Water on Hopes for December Interest-rate Cut
U.S. stocks closed: Powell suppressed rate cut expectations, the three major indexes accelerated their decline in the last minutes.
1. China concept stocks were generally down, with the Nasdaq Golden Dragon Index falling by 1.81%; 2. The Trump transition team is planning to cancel the $7,500 tax credit for electric autos; 3. Ford was fined $0.165 billion for failing to comply with recall requests; 4. Blackrock aggressively bought Apple in Q3 and continued to increase its shareholding in the 'Big Seven' companies.
Wall Street Falls as Fed Comments Dampen Rate Cuthopes
Equities Fall as Markets Weigh Fed Chair's Remarks