FOMC Members Signal Policy 'At or Near Peak' for Tightening Cycle
Trump's Day 1: Incoming President Looks Set to Act on Tariffs, Crypto, Energy and Immigration
Fed Signals Delayed Rate Cuts as Inflation Concerns Linger, Goldman Sachs Says
Elliott Wave View: S&P 500 (SPX) Looking for a Double Correction [Video]
Quantum computing, Nuclear Power, Cryptos, cannabis! Retail investors' "beloved" in the USA all fell last night.
① Although the three major stock indices in the USA fluctuated on Wednesday, the S&P 500 Index, which performed the worst, only fell by 0.16%—a performance that cannot be considered terrible. ② However, for many American retail investors who enjoy the thrill of speculating on meme Stocks, this Wednesday seems to have been a disastrous day: because many of their favorite investment symbols experienced a remarkable collapse.
Options Market Statistics: IonQ Stock Plunges After Nvidia CEO Sees 'Useful' Quantum Is Decades Away; Options Pop
The Global bond market is experiencing a frantic sell-off, with US Treasury yields quickly approaching 5%.
The 20-year US Treasury yield has already broken through 5%, while the UK 10-Year Treasury Notes Yield has also risen to 4.82%, reaching a new high since 2008. Inflation worries have prompted traders to lower their expectations for interest rate cuts by the Federal Reserve and the Bank of England this year, and at the same time, the market is weighing the impact of President Trump's policies.
The last time the US bonds dropped like this, the US stock market also crashed.
Recently, the rise of the 10-year U.S. Treasury yield is similar to the situation in 2022 and 2023, when the stock market experienced a substantial decline. Goldman Sachs stated that although the U.S. stock market is relatively stable now, the correlation between stock and bond yields has turned negative. If economic data falls short of expectations, the risk of a market correction in the short term may increase.
1/9 [Strong and Weak Materials]
[Bullish and Bearish Indicators] Bullish indicators: Dow Jones Industrial Average is rising (42,635.20, +106.84); 1 dollar = 158.30-40 yen; VIX index is decreasing (17.70, -0.12); active Share Buyback; requests from the Tokyo Stock Exchange for corporate value enhancement. Bearish indicators: Nasdaq Composite Index is falling (19,478.88, -10.80); Nikkei average is falling (39,981.06, -102.24); Chicago Nikkei Futures are falling (39,935, -25); SOX index is falling (5,162.35, -49).
Wall Street Closes Mixed Amid Rising Treasury Yields And Tariff Speculation
Consumer Cos Up After Fed Minutes Quell Some Rate Fears -- Consumer Roundup
Trump's Day One: Incoming President Looks Set to Act on Tariffs, Crypto, Energy and Immigration
Paul Krugman Thinks Bond Yields May Be Rising Due to an 'Insanity Premium'
U.S. stock market close: the three major indexes varied in performance; Huang Renxun's remarks caused a collapse in the Quantum Computing Sector.
① The Nasdaq China Golden Dragon Index fell by 0.67%, with most China Concept Stocks declining; ② Wildfires ravaged California, and Electrical Utilities provider Edison International fell by 10%; ③ Jensen Huang stated that a "very useful" quantum computer may take several decades to arrive; ④ Intel: will continue to focus on the independent graphics card market.
Fed Minutes Suggest Officials Will Hold Rates Steady for Now -- 2nd Update
When Traders See the Fed Moving Next on Interest Rates -- WSJ
Federal Reserve meeting minutes: Officials tend to slow the pace of interest rate cuts as inflationary risks increase.
The minutes from the Federal Reserve's December meeting show that officials decided to slow the pace of interest rate cuts in the coming months due to high inflation risks; participants expect inflation to continue approaching 2%, but it may take longer than expected, and the process of returning inflation to target may have temporarily stalled; regarding interest rate cuts, officials emphasized that future policy actions will depend on the development of data rather than a fixed timetable.
Fed Isn't Certain Where Interest Rates Will Head, Minutes Show. Inflation and Trump Are Concerns
Oak Tree Capital's Marks: New things are prone to bubbles, currently private equity buying S&P 500, with a 10-year yield of only ±2%.
Max recently released a memorandum titled "Revisiting the Bubble," stating that investors are currently betting on the leading high-tech companies to maintain their dominance. However, he believes that it is not easy to stay ahead, as new technologies and competitors can surpass existing market leaders at any time. When people assume that "things can only get better" and Buy based on that, the impact of negative news can be particularly severe. He specifically pointed out the frenzy over AI and how this positive sentiment may spread to other Technology sectors.
Howard Marks on Bubble Watch: Stock Valuations High but Not Nutty