Express News | CITIC Securities: Maintaining the forecast of three interest rate cuts of 25bps each by the Federal Reserve within the year.
The Fed's signal suggests a 25 basis point rate cut next week. What are the expectations for the remaining two meetings this year?
Given the latest US core inflation exceeding expectations, the possibility of a 50 basis point rate cut next week has significantly decreased. Timothy Law emphasized that in addition to paying attention to the extent of the rate cut next week, we should also note Federal Reserve Chairman Powell's view on the health of the economy. The latest expectations show that the probability of a 25 or 50 basis point rate cut by the Federal Reserve in November is close, and the probability of a total rate cut of at least 100 basis points this year exceeds 80%.
After the Fed cuts interest rates, who will be the big winner in the stock market?
Goldman Sachs expects that the U.S. stock market in this area will be leading, with an ROI of up to 13% next year.
Put signals are flashing! The U.S. stocks rebound, but panic is gradually rising in the $9.5 trillion ETF market.
As anxiety intensifies, the volume of the largest inverse ETF increases.
Wall Street Storms Back From An Early Slide Thanks To Nvidia And Big Tech
Berkshire Hathaway sells Bank of America again, but the pace of selling slows down. Bank of America's CEO praises Warren Buffett as a great shareholder.
Warren Buffett's Berkshire Hathaway sold 5.8 million shares of Bank of America stocks from last Friday to this Tuesday, worth approximately 0.2287 billion US dollars. Currently, the holding position of Bank of America has dropped to the third largest for Berkshire, behind Apple and American Express. Analysts believe that Buffett may have reduced the percentage of BofA stocks to below 10% in order to avoid continuing reporting obligations.