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Citi Sees S&P Companies Beating Q2 EPS Estimates on Productivity Gains in the Labor Market
Goldman Sachs Is Shifting to Neutral, but Remains Mildly Pro-risk for the Next 12 Months
Before the technology financial report, Biden backed down again and the market became even more "uncertain".
Traders are working hard to cope with the uncertainty of the Federal Reserve's interest rates and the upcoming performance of technology giants, and now they must further weigh how Harris or other candidates will counter Trump. With only four months left until the election, there are too many unknowns, and the US stock market may face a "turbulent summer".
What to Expect in the Week Ahead (Google and Tesla Earnings; GDP and PCE Data)
This week, investors should keep an eye on earnings reports from several key players, including Google and Tesla. Key economic data to watch for will include the release of the first estimate of second-quarter gross domestic product and the Federal Reserve's preferred inflation measure for June.
"Rate cut trade" and "Trump trade" led the entire market, small-cap stocks rose strongly and csi commodity equity index fell across the board. | Overseas major asset weekly report
The U.S. stock market continues to witness a "big shift" in the market, as investors accelerate their exit from large technology stocks. The "Trump trade" has raised concerns about inflation and pushed up the yield on U.S. long-term bonds, putting pressure on the dollar, and most commodity prices have fallen.
Markets Look Overvalued and Stretched – Morningstar Research's David Sekera
StocksInvestorMoo : baidu for long term
bananarama : sell. overhyped
seedthesky : tech is fomo right now. stay away.
jean yang StocksInvestorMoo: Do you think Baidu is right to watch
for a long time?