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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.
nvidia's stock price can still rise by 26%. Analyst: "The 'iPhone moment' is about to arrive!"
①The well-known investment institution Melius Research on Wall Street stated that investors should continue to hold Nvidia, as the company's next-generation Blackwell GPU will be a watershed moment. ②Melius has raised Nvidia's target stock price to $185, an increase of about 26% from the current level.
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.
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Goldman Sachs: The "rush towards junk stocks" trend will continue until Trump's inauguration, with the most short sold U.S. stocks being favored.
Goldman Sachs advises to continue holding the most short-sold stocks until the end of January next year, as a decrease in interest rates, avoidance of an economic recession, resolution of election uncertainties, and Trump's overwhelming victory will create an environment favorable for a rebound driven by 'animal spirits,' which benefits low-quality stocks.