May 2022

Gartman recommends using gold as an inflation hedge and avoiding cryptocurrencies as much as possible. In an interview on Monday, ” King of Commodities” Dennis Gartman said that the U.S. stock market has been in a “bear market” since the beginning of this year and is expected to continue for several months thereafter. He told […]

Source: wind financial terminal After rebounding overnight, U.S. stocks fell after the opening bell, with tech stocks slumping as investors worried about the outlook for economic growth intensified, Hong Kong’s Wind news agency reported. The S&P 500 fell 1.2% on Tuesday, the Dow Jones Industrial Average fell 0.6% and the tech-heavy Nasdaq Composite fell 2%.

Source: US-Hong Kong Telecom Nvidia’s fiscal 2023 Q1 earnings report will be released after the bell on Wednesday. The agency believes that in the long run, Nvidia has a good hand that can promote profitable growth, but its high-end and high-margin products are particularly sensitive to economic downturns, so they give it a “neutral” rating.

Source: Wall Street News At present, most Fed presidents believe that the Fed will raise interest rates by 50 basis points at the FOMC meetings in June and July, but there are serious differences on the path of interest rate hikes after that. Atlanta Fed President Raphael Bostic expects the central bank to raise rates

This article is partly based on Wall Street news As the “recession trade” prevails on Wall Street, fund managers are struggling to find a safe haven for short-term money. Data showed that the Fed’s reverse repurchase facility used more than $2 trillion for the first time on Monday, reaching $2.045 trillion. The previous record was

This article is partly based on Wall Street news As the “recession trade” prevails on Wall Street, fund managers are struggling to find a safe haven for short-term money. Data showed that the Fed’s reverse repurchase facility used more than $2 trillion for the first time on Monday, reaching $2.045 trillion. The previous record was

Source: Shenwan Hongyuan Strategy Since April, the market’s expectations for the Fed’s tightening to accelerate and the U.S. economy to weaken in the future have been further strengthened. The results of the superimposed quarterly report period have generally been weak. Under the worries of stagflation, the U.S. stock market has experienced an accelerated correction recently.

Source: Zhitong Finance Author: Zhuang Lijia On May 24 (Tuesday), before the US stock market opened, Best Buy (BBY.US) announced its financial results for the first quarter of fiscal 2023. According to the financial report, the company’s Q1 revenue was US$10.647 billion, which was better than market expectations of US$10.43 billion, and US$11.637 billion in