Odaily News Analysts at 50 Park Investments, led by Adam Sarhan, stated that the fact is that US stocks had previously seen some pump. Technically, it fell back to the support level—namely the 50-day moving average—and then rebounded. The Fed indicated that there would be no changes. Even if trade tensions escalate… the Fed will still cut rates against the backdrop of the stock market hitting record highs. Therefore, from a fundamental perspective, we are looking forward to significant tailwinds in the near future. (Jin10)
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Analyst: The Fed is not concerned about the escalation of trade tensions, and the US stock market may face a tailwind in the future.
Odaily News Analysts at 50 Park Investments, led by Adam Sarhan, stated that the fact is that US stocks had previously seen some pump. Technically, it fell back to the support level—namely the 50-day moving average—and then rebounded. The Fed indicated that there would be no changes. Even if trade tensions escalate… the Fed will still cut rates against the backdrop of the stock market hitting record highs. Therefore, from a fundamental perspective, we are looking forward to significant tailwinds in the near future. (Jin10)