China has taken the lead! Wall Street strategists: the next "Trump trade" may be outside of the USA.
①When looking to the future, Jay Pelosky, the founder and global strategist of the New York investment consulting firm TPW Advisory, has insights that differ from many mainstream market views; ②He believes that Trump's victory might ultimately serve as an important catalyst - driving the usa market to end its long-standing excellent performance.
Is the high valuation holding steady for U.S. stocks in Q3 earnings?
S&P's third-quarter EPS year-on-year growth rate of 5% exceeded expectations, with communications services and medical care industries leading the way, while csi commodity equity index performed poorly. In addition, S&P's third-quarter profit year-on-year growth rate reached 74%, although exceeding expectations, it is below the average level of the past 5 years, hitting a two-year low.
Bank of America: "Potential BUGs" may drag down US stocks next year, bullish on Chinese stocks!
①Bank of America's strategist stated that if the ratio of the Nasdaq 100 index/S&P 500 index falls below the high of 2000, it will prompt investors to exit the 'American exceptionalism' trades; ②Reports predict that the American financial conditions may tighten, traders will increase their allocation to the Asian and European international markets in the first quarter, and expect Chinese stocks to perform well in 2025.
Trump Picks Hedge Fund Exec Scott Bessent As Treasury Secretary: What President-Elect's Choice Means For America's Economic Future
Goldman Sachs, the "bull market leader", outlook for 2025: Next year, the USA will be a year of simultaneous rise in stocks and bonds.
Goldman Sachs is bullish on the USA stock market and bonds market in 2025.
Continue playing music and dancing! Morgan Stanley CEO: US stocks will continue to rise next year, tariffs are not to be feared.
①Morgan Stanley CEO Ted Pick expects the USA economy to continue to perform strongly in 2025, feels optimistic about the prospects of the US stock market, and believes the s&p 500 index will continue to rise; ③ Despite factors such as policy uncertainty, Pick believes that both the USA and China have a common motivation to seek solutions that promote economic development, therefore not worried about the threat of trade tariffs.
6500 points! Wall Street's 'former big short' firmly calls the US stock market, and provides these investment recommendations.
Morgan Stanley's Chief Investment Officer Michael Wilson has set a target price of 6,500 points for the S&P 500 index by the end of 2025, a 10.3% increase from the current level. Wilson believes that the Fed rate cuts, improving economic growth, and potential deregulation by the Trump administration should make investors bullish on the stock market.
10-Q: Quarterly report
10-Q/A: Quarterly report (Amendment)
10-K/A: Annual report (Amendment)
As US bond yields soar, how much longer can the US stock market party last?
Currently, there are no signs of a bear market in the US stock market, but the surging yields on US Treasury bonds may become a turning point for the situation. Bank of America Merrill Lynch states that when the 10-year US Treasury yield exceeds 5%, investors tend to shift from the stock market to the bond market, limiting the rise of US stocks. This yield has climbed by 80 basis points since mid-September, although the bank indicates that the current interest rate risk is manageable.
The second largest net inflow of capital since 2008! Investors go all in on US stocks
According to EPFR data, in the week up to last Wednesday, US stock etf and mutual funds attracted nearly 56 billion dollars in inflow, marking the second largest weekly inflow record since 2008. These funds have attracted inflow for seven consecutive months, marking the longest duration since 2021.
Global Fund Managers Changed Their Views After Trump Got Elected. Here's How
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.
Is it stable? The probability of the Federal Reserve lowering interest rates next month has reached 80%.
① Last night, the completely market-expected usa October CPI data did not cause much of a stir in the market; ② However, the data performance still boosted market confidence in the Fed's interest rate cut next month, and stimulated a rebound in short-term US government bonds.
Is the continued interest rate cut stable in December? Federal Reserve officials say inflation is moving in the right direction.
Minneapolis Federal Reserve President Kashkari expressed confidence in the direction of inflation shortly after the CPI was announced, saying that it is moving in the right direction and that more time is needed to analyze the data. Dallas Federal Reserve President Logan stated that more rate cuts are likely in the future, but it is best to proceed with caution due to the risks of inflation caused by demand and geopolitical factors. It is said that she prefers to slow down rate cuts sooner rather than later. St. Louis Federal Reserve President Mester mentioned that if inflation continues to decline, rate cuts should be gradual, and monetary policy should remain "slightly restrictive." Kansas City Federal Reserve President Schmid stated that it is uncertain how much rate cuts will be needed in the future.
USA Stock Market Preview | All three equity index futures fell together, with the US October CPI released tonight.
On November 13th (Wednesday) pre-market trading, the three major US equity index futures all fell.
Trillion dollars!This year, global etf set a record for attracting funds.
As of October 31, the net inflow of funds into global etf this year has reached 1.4 trillion USD, exceeding the record of 1.33 trillion for the entire year of 2021. Demand for fixed income, csi commodity equity index, and stocks etfs is booming, with an inflow of 11.7 billion USD into china stocks etf in October (etfs listed overseas in china), more than double the peak in June 2022.
Can the Federal Reserve cut interest rates next month? The crucial test is coming tonight.
As the first major data after the US presidential election, the US October CPI report, which will be released at 21:30 on Wednesday Beijing time, is likely to have a crucial impact on the future policy path of the Federal Reserve; This has also prompted some Wall Street insiders to ponder whether the next market trade theme will gradually shift from the glamorous 'Trump trade' of the past week to the interest rate perspective surrounding the Federal Reserve rate cut process...
US stock investors "fasten your seat belts"! Morgan Stanley: Three major risks may disrupt the "Trump trade".
①Morgan Stanley outlined three major risks that could disrupt the 'Trump trade' in a recent report. ②Firstly, a significant increase in US Treasury yields could trigger anxiety among stock investors. Secondly, a strong US dollar could mean trouble for large cap stocks. Thirdly, stock prices are overvalued.