2024. 4. 5. 09:59ㆍU.S. Economic Stock Market Outlook
I slept late at night watching the U.S. market rise, but when I woke up, the market crashed. I think you know the story well. It's because of the increased geopolitical risks in the Middle East and the remarks of Minneapolis Fed President Kashkari. The Dow fluctuates 860 points up and down. It rose more than 1% and then fell more than 1%.
To quote Governor Kashikari, known as hawk, the word to watch here is, of course, at all.
"If we continue to see inflation moving sideways, then that would make me question whether we need to do those rate cuts at all," Kashkari said during an interview with Pensions & Investments.
Other Fed members said one cut, but Kashkara said he would not cut rates once this year, so doubts about a rate cut will grow.
I think the anxiety in the Middle East, which I have consistently worried and claimed, hit the market yesterday. I always react quickly, but if you look at the Bible and Middle East history, you can see their attributes. I will definitely retaliate for blood. Since a person has died, the retaliation will not end without the same death.
However, based on the nonfarm pay roll, I think the market will rise again after seeing the possibility of a rate cut due to bad job data tomorrow. Still, the plunge in Nvidia and AMD semiconductor stocks, which have a big impact on our market, is likely to cause the three companies to fall in tandem today. The index will also fall. With the foreboding that the Middle East instability is about to burst, the put at yesterday's closing price is likely to be money, but it's a pity that we couldn't make a big bet because we're so fresh. Investment is luck...
"Anyway, cherry blossoms are in full bloom. Look around the flowers on the weekend." "Blossom" means a flower and it means blooming, but I am reminded of "blossom center," an outdoor music hall in Cleveland, Ohio, the United States. The opening song there was always the prelude to 1812 by Tchaikovsky. There is a cannon sound at the end of the song, and they use a timpani indoors, but they shoot real cannons during outdoor performances. I don't think I'll forget that memory forever. Anyway, the word "blossom" is always reminiscent of life. "The cherry blooms are in full bloom. It's a weekend when you want to get drunk and get drunk on flowers with Dubo's poem." Have a nice and blooming weekend.
花落酒醒春已暮,
不知何处是归途。
The flowers fell, the liquor broke, and the spring had already come to an end,
I don't know where to go back.
人生得意須盡歡,莫使金樽空對月。
(Soo Jinhwan, the best student in life, Jun Gong Daewol)
If you've had fun in life, you should enjoy it to your heart's content, don't waste time on the moon with a gold cup.
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