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U.S. stock market outlook | All three Equity Index futures are up, and the Federal Reserve's interest rate decision is imminent.
On May 7th (Wednesday), in Pre-Market Trading, the three major U.S. equity index futures all rose.
An anonymous letter calls for sending away Musk, analyzing the suggestion for Tesla to find a "Cook-style" CEO.
① A public letter claiming to be from a Tesla internal employee demands the company continue its Operation without Musk, believing that Musk's damage to the brand is irreparable; ② Although the authenticity of the public letter is questionable, some analyses suggest that Musk may be weary of addressing electric vehicle manufacturing issues and may need a 'supply chain genius' like Cook to take over.
What caused the rapid reversal of the latest sell-off in the USA? Deutsche Bank: The main reasons are policy easing and the economy not entering recession.
Deutsche Bank stated that this round of market reversal is mainly attributed to three points: macroeconomic data shows that the USA economy has not fallen into recession; the decline in oil prices has alleviated inflationary pressures, providing room for potential interest rate cuts. Finally, the policies of the USA government have softened, and the tendency for trade protectionism has weakened.
US Morning News Call | U.S. and China to Meet in Switzerland, Possibly Easing Trade War
U.S. stock valuations have reached warning levels again! The market is treading carefully before the Federal Reserve's decision.
The recent rebound in the stock market has caused valuation levels to rise again, and with the Federal Reserve about to announce its MMF policy decision, the market cannot afford any mistakes.
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Asia Markets Gain, Europe Slides And Gold Retreats - Global Markets Today While US Slept
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