Most of Wall Street: Don't be afraid of falling; this is a buying opportunity; millennials will support the stock market

US stocks plummeted on Monday, but Tom Lee, former chief stock strategist at J.P. Morgan Chase and co-founder of Fundstrat Global Advisors, believes investors should not stop looking for buying opportunities because of recent market turmoil. Lee said on Monday that despite several recent fluctuations, the long-term bull market outlook for the stock market is still intact. He said, “I think this will prove to be a very good buying opportunity,” and pointed out that US bond yields are “tamed” and that the VIX index, known as the “Wall Street Scare Index,” is relatively low. He added, “Where we are now

新浪美股Sep 21, 2021 09:29

Raising children is too expensive! 125 economists urge the United States to reduce parenting costs

More than 125 economists and public policy scholars signed an open letter on Tuesday calling on Congress to support investment in affordable childcare programs for American families. The letter, published on Tuesday by the Center for American Progress, a left-wing think-tank, said: "American families and economic growth have been hampered for decades by a lack of modern care infrastructure, as working families are forced to choose between work and parenting, hampering the participation of the female workforce and reducing productivity. Congress must seize this opportunity to finally support the family.

新浪美股Sep 16, 2021 08:07

The Federal Reserve's reverse repurchase demand rose to a record high of nearly $1 trillion at the end of the quarter

Market demand for a key tool used by the Federal Reserve to help control short-term interest rates soared to nearly 1 trillion US dollars, a record high. According to data from the New York Federal Reserve, 90 participants released a total of 992 billion US dollars to the Federal Reserve through overnight reverse repurchase tools on Wednesday, breaking the previous record high of 841.2 billion US dollars set on Tuesday. The number of counterparties was the highest since 2016, and the increase in trading volume was the biggest since June 17. Since the Federal Reserve raised the overnight reverse repo rate from 0% to 0.05% in early June, demand has surged as the dollar financing market continues to be flooded with excess liquidity. This

新浪財經Jul 1, 2021 02:38