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After Jerome Powell Hinted That Rate Cut Is Round The Corner, Investors Caution Soft Landing 'Risks Are Two-Sided'
US Stock Futures Surge on Rate Cut Bets, Strong Tech Earnings
Powell's dovish sound is loud, and the Dow rose by 1% at one point.
Employment and inflation risks are entering a better balance.
Express News | US July ADP Nonfarm Employment Change +122000 Vs +147000 Forecast, Prior +150000
USA's job openings in June recorded higher-than-expected numbers, with both voluntary quits and recruitment dropping significantly.
Analysis indicates that the JOLTS report in June once again clearly demonstrates that the U.S. labor market has not deteriorated as increasingly more pessimists assert. However, financial blog Zerohedge points out that private sector job openings have dropped significantly, falling to levels last seen in late 2018, while government job vacancies are only slightly below historic highs.
July FOMC Meeting Preview: Fed's Statement is Expected to Echo Powell's Recent Dovish Remarks
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?