Weekly Outlook | Nonfarm Payrolls and CPI "Double Whammy"! Unusually Timed Releases for Employment and Inflation Data; AI and Robotics Race Intensifies as New Large Models Launch Before and After the Lunar New Year; Earnings Reports from SMIC, Coinbase, a
Next week, the United States will once again engage in negotiations with Iran, and the oil market is closely monitoring tensions in the Middle East; Hang Seng Indexes Company will announce the fourth-quarter review results on February 13.
Morgan Stanley warns: Wash's rise to power may exacerbate volatility; the shift in market dynamics deserves attention!
Morgan Stanley's latest research report pointed out that constrained by banks' reserve requirements and the challenge of reducing holdings in mortgage-backed securities (MBS), the Federal Reserve’s policy landscape is unlikely to experience significant changes in the short term. Investors, on the other hand, should be wary of market volatility arising from a 'less talk, more action' approach.
Musk Issues Another Warning: Without AI and Robotics, the U.S. Will Inevitably Face Bankruptcy
①Elon Musk recently issued another stern warning regarding the U.S. debt issue, stating that without artificial intelligence (AI) and robotics technology, the United States would inevitably go bankrupt; ②He noted that deploying AI and robotics is the only solution to addressing the national debt problem.
Dovish Tone Returns! Fed's Daly: Labor Market Fragile, Possibly One or Two More Rate Cuts Needed
①Mary Daly, President of the Federal Reserve Bank of San Francisco, recently stated that she believes one or two more interest rate cuts may be necessary to address the weakness in the labor market; ②She pointed out that compared to inflation, she is more concerned about the labor market.
U.S. Stocks Close | Major Indices Stage Strong Rebound, Dow Breaks 50,000 for First Time; NVIDIA, Caterpillar Rise Over 7%; Most Popular Chinese ADRs End Higher; Gold, Silver, and Bitcoin See Broad Recovery
After three consecutive days of subdued selling pressure, the "buy-the-dip" sentiment erupted across the U.S. stock market. The S&P 500 Index recorded its largest single-day gain since May of last year, while the Dow Jones Industrial Average historically surpassed the 50,000-point threshold. At the close of trading, the S&P 500 Index rose by 1.97% to 6,932.3 points, the Nasdaq Composite Index increased by 2.18% to 23,031.21 points, and the Dow Jones Industrial Average climbed by 2.47% to 50,115.67 points.
Bessent pledges loyalty to Trump: Clarifies strong dollar policy, reiterates lawsuit against Wash was a joke, hints at Powell's dereliction of duty
When asked which of his and Trump's recent statements on the US dollar was correct, Bessent described it as a 'false dichotomy,' explaining that a strong dollar policy does not refer to exchange rate intervention but rather to creating a robust foundation for the dollar through appropriate economic policies. Wash will bring exceptional credibility and expertise to the Federal Reserve, and Trump holds the Federal Reserve’s independence in high regard; 'Trump's account' may become Trump's most significant political legacy.