Today’s Trading Prospects
Bank of Japan interest rate decision, December CPI
The bond market sell-off is easing PIMCO: The interest rate hike has already reflected the completion of the bond market buying point
U.S. long-term bond yields rose sharply recently after hawkish signals from the Federal Reserve. After the bond market triggered a sell-off, PIMCO, the world’s largest bond fund, said on Thursday (20th) that the market has gradually priced in a rate hike Expectations, the bond market began to emerge to buy points. Read the full article…
U.S. jobless claims rose to 286,000 last week, highest since October
The U.S. Department of Labor announced on Thursday (20th) that the number of people receiving unemployment benefits last week rose for 3 consecutive weeks to 286,000, which was higher than market expectations and the highest since October, showing that the surge in Omicron appeared to have an impact on the labor market. . Read the full article…
AMD was downgraded and the target price was revised down. The investment bank mentioned 3 reasons why
Investment bank Piper Sandler on Thursday (20th) downgraded AMD (AMD-US) rating and target price, and put forward 3 reasons why the current downside risk is greater than the upside risk. Read the full article…
Look at the prospect of the declining steel market!Steel stocks tumble as industry warns of oversupply in North America
The head of Canadian steelmaker Stelco Holdings said that the North American steel market will be tough in the next few months, because rising inventories and falling demand have led to oversupply. The market is like a “falling knife” and there is no end in sight. Steel stocks such as US Steel and Nucor tumbled on Thursday (20th). Read the full article…
Bloomberg: Musk’s brain chip startup Neuralink enters human trials
Bloomberg reported on Thursday (20th) that Neuralink, a brain chip startup owned by Musk, is currently hiring a clinical trial director, meaning the company is not far from its goal of implanting chips into human brains. Read the full article…
Legendary investor Graham: U.S. stocks have formed a super bubble and are heading for a devastating collapse
Jeremy Grantham, founder of asset management agency GMO, known as a valuable investment guru, released an analysis report on Thursday (20th) saying that U.S. stocks have formed a super bubble and are heading for a devastating collapse. Read the full article…
