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JPMorgan traders "draw the line": U.S. stocks first break 6000, then hit a new low!
JPMorgan expects that, driven by factors such as the activation of CTA strategy and accelerated Share Buybacks, the S&P 500 Index will first challenge the 6000-point mark. However, afterwards, if investors hold a pessimistic view on the mid-term outlook under high tariffs, the market may retest low levels. JPMorgan agrees with the current widespread view of an economic recession and anticipates a significant decline in hard data such as non-farm employment and retail sales in the next 1-2 months.
China Service Growth Hits 7-month Low as Trade Disruptions Weighs on New Business Orders
Asia Stocks Gain on China's Potential U.S. Trade Talks, U.S. Futures Edge Lower to Start the Week
The most profitable investment Buffett made in his life came from the "changes" in the last ten years of his career.
Buffett stated that the wealth created for Berkshire by Apple's CEO Cook far exceeds his own. Previously, Buffett had consistently avoided technology stocks until he made an exception and invested in Apple in 2016, resulting in significant returns for Berkshire.
Express News | U.S.-listed Chinese stocks surge at the opening, with Alibaba up over 4%.
Asia Markets Surge on China's U.S. Trade Talk Signals; U.S. Futures Steady After Apple, Amazon Earnings
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Finally posted it correctly.
