2024. 4. 4. 10:08ㆍU.S. Economic Stock Market Outlook
Yesterday and today, I rode the rollercoaster so much that I feel dizzy. When I was young, I just enjoyed riding the rollercoaster. Now I get off the rollercoaster and just watch the grocery shopping. I'm exhausted. The grocery shopping is so swayed by program sales and gifts, and the gifts move up and down by 5 points every day, I feel really dizzy.
Yesterday, at Stanford, Powell said that interest rates would still be down, and that the inflation is going in the right direction. It's just that the way is going to be bumpy. The problem is, it's going to be how bumpy, how long and how high. Powell's saying goes from transitory to transitory, now bumpy. How bumpy a road does it have to go down to get a pavement that says 2 percent? It's going to come out someday, right? A broken clock gets hit twice a day...
The ISM service index is coming down. But the manufacturing index is going up. I was thinking about catching some prices on the service side, but I think prices on the supply side will come up again. It's been offbeat and it's really bumpy.
The Middle East issue bothers me a lot. It is certain that Israel is aiming to expand its presence in the Middle East by attacking the Iranian embassy in Syria, and the news that the World Central Kitchen (WCK) carrying relief supplies to Gaza killed all seven passengers can only be interpreted that the car would have traveled to and from Gaza under Israel's permission, but the fact that it did so would deliberately induce Gaza residents who cannot stand their boat to move to Egypt.
I believe in Christianity, but I'm just worried about Netanyahu's provocations as if he's about to end the war that Joshua didn't complete, of course, because of oil prices and infrastructure, and if we get Iran into the war and Egypt into the war, we can't guarantee that there won't be another Middle East war. It's hard...
On the one hand, we are dreaming of the future era through AI, and on the other hand, we are still worried about the war of conquest in the Old Testament. We are thinking about changes, anticipating and imagining the political situation in which the opposition party will win by a landslide ahead of the election. Politics is important, but while the U.S. is riding a 4-wheel Jeep ride on the bumpy road without any difficulties, we and the emerging countries are worried about having to go up and down with our heads and hips and knees while running on the bumpy road in a dragon boat. Yesterday and today, the market is like a real bumpy itself. I hope you all enjoy the roller coaster........
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