News
U.S. Stock Market Close | On the first trading day after the holiday, the three major indices slightly declined, with NVIDIA rising over 2% intraday; Precious metals collectively hit new highs again, with silver ETF surging 10%; Nio, Li Auto, and XPeng le
2+ hour, 34+ min ago (476+ words) In the bond market, U.S. Treasury bonds showed moderate performance overall on the day. The yield on the 10-year Treasury bond remained largely unchanged near 4.13%, while the 2-year yield edged down slightly. Overall, the bond market demonstrated 'passive stability' and did…...
Bostic: Further rate cuts could reignite inflation and undermine the Fed's credibility.
1+ week, 3+ day ago (378+ words) " Atlanta Federal Reserve Chairman Bostic said that further interest rate cuts may cause the US MMF policy to shift to a looser position. While stimulating economic growth, it will also cause the US to face the risk that inflation and…...
U.S. retail sales were flat overall in October, but core indicators significantly exceeded expectations, supporting growth in the fourth quarter.
1+ week, 3+ day ago (597+ words) US retail sales in October were weighed down by a decline in auto sales and falling gasoline prices, but core indicators excluding volatile categories showed robust growth, providing evidence of an acceleration in consumer spending at the start of the…...
Bessent: Inflation is expected to decline significantly in the first half of 2026, and the nominee for the Federal Reserve Chair may be announced in early January.
1+ week, 3+ day ago (395+ words) On Tuesday (December 16), US Treasury Secretary Bessent expressed optimism about the outlook for the US economy, forecasting that GDP growth for the full year of 2025 will reach 3.5%, and conveyed optimism regarding the prospects for American workers next year. He projected…...
Bessent: Significant decline in inflation expected in the first half of next year; announcement of the Fed Chair nominee may come in early January, urging 'open-mindedness.'
1+ week, 3+ day ago (1017+ words) On Tuesday (December 16), U.S. Treasury Secretary Bessent expressed an optimistic outlook on the U.S. economic prospects, forecasting that the GDP growth rate for the full year of 2025 would reach 3.5%. He also conveyed optimism about the prospects for American workers next year, anticipating…...
Mixed signals in non-farm data: November unemployment rate hits a four-year high! Expectations for Fed rate cuts in 2024 are rising.
1+ week, 3+ day ago (292+ words) A series of delayed data releases revealed that U.S. nonfarm payroll growth in November exceeded expectations, but the unemployment rate surged to 4.6%. October's nonfarm employment saw its largest decline since the end of 2020, and retail sales unexpectedly stalled. The market continues…...
Full text of the U.S. November Nonfarm Payrolls Report: 64,000 jobs added in November, unemployment rate unexpectedly rose to 4.6%, the highest in four years.
1+ week, 3+ day ago (975+ words) The U.S. nonfarm payroll increased by 64,000 in November, with the unemployment rate unexpectedly rising to 4.6%, the highest level in four years. Data for August and September were revised down by a combined 33,000 jobs. Below is the full text of the nonfarm…...
Tonight! Rare 'two-in-one' release of the non-farm payroll report, with a possible spike in the unemployment rate.
1+ week, 3+ day ago (1221+ words) U.S. economic data is gradually 'unfreezing,' with tonight's non-farm payroll report taking the lead. However, economists remain sharply divided on this data, ensuring a night of 'chaos and turbulence.' This week, a flurry of U.S. economic data will be released, but the…...
The US November non-farm payroll data will be released tonight, and Morgan Stanley says that a 'moderately weak' employment report increases the probability of interest rate cuts!
1+ week, 3+ day ago (310+ words) Wilson pointed out in a report on Monday that the market has now returned to a state where good economic news is bad news for the stock market, and vice versa, bad economic news means good news for the stock…...
The 'Grandmaster' of the Federal Reserve: Bessent?
1+ week, 3+ day ago (587+ words) " In the process of selecting the next Federal Reserve Chair, Bessent has openly deepened his institutional critique of the Fed through essays and public commentary. " He has essentially constructed a policy framework to support Trump's complaints about interest rates. The…...