U.S. consumer confidence fell unexpectedly in January and inflation expectations climbed | Anue tycoon-US stocks

U.S. consumer confidence unexpectedly fell in January as U.S. households worried about the economic outlook for the next six months, while one-year inflation expectations rose, according to a survey released by the Conference Board on Tuesday (31st). The survey showed that the US consumer confidence index fell to 107.1 in January from 109 in December … Read more

Tesla’s price cuts put pressure on peers and may detonate electric car price war | Anue tycoon-US stock radar

Selling Tesla in the US (TSLA-US) cars are slashing prices, which is proving to be a double-edged sword for the electric car maker and the auto industry in general. Tesla slashed prices on its new vehicles by as much as 20 percent earlier this month, making the vehicles more affordable and potentially eligible for federal … Read more

The New York Stock Exchange’s thrilling moment, many stocks plummeted briefly | Anue tycoon-US stocks

The New York Stock Exchange in the United States faced a thrilling moment on Tuesday (24th). Due to technical problems, several stocks plummeted briefly after the opening, and then the New York Stock Exchange suspended trading of these stocks. After the U.S. stock market opened that day, Wells Fargo (WFC-US) ,Morgan Stanley (MS-US) and other … Read more

Fed Director Waller: Support the next rate hike of 1 yard, the economy may have a soft landing | Anue tycoon-US stocks

Christopher Waller, a member of the Federal Reserve Board of Governors and a permanent voter in the Federal Open Market Committee (FOMC), said that monetary policy is close enough to restrict the economy and supports further adjustments at the next monetary policy meeting. Slow rate hike to 1 yard (25 basis points). Waller said: “I … Read more

U.S. December PPI increased by 6.2% year-on-year, lower than expected Inflation continues to subside | Anue tycoon-US stocks

According to data released by the U.S. Department of Labor on Wednesday (18th), the producer price index (PPI) increased by 6.2% in December last year, the smallest increase since March 2021, lower than market expectations of 6.8% and the revised previous value of 7.3 %; after excluding volatile food and energy, the core PPI rose … Read more

U.S. import prices rose unexpectedly in December, inflation may be difficult to deal with | Anue tycoon-US stocks

U.S. import prices unexpectedly rose in December after falling for five straight months, buoyed by higher gas and food prices, suggesting the Federal Reserve’s battle against inflation will remain protracted even as consumer prices cool. The U.S. Department of Labor released data on Friday (13th) that the U.S. import price index rebounded to 0.4% in … Read more

Inflation in the United States is gradually subsiding the Fed’s megaphone: the overall situation of raising interest rates by 1 yard in February is set | Anue tycoon-US stocks

After the U.S. Consumer Price Index (CPI) report was released in December last year, Wall Street Journal (WSJ) reporter Nick Timiraos, known as the Federal Reserve (Fed) megaphone, wrote on Thursday (12th) that this inflation data indicates that the Fed will The rate hike in February will be further narrowed to 1 yard (25 basis … Read more

The number of people claiming unemployment benefits in the United States continued to fall to 205,000 last week, lower than expected | Anue tycoon-US stocks

The U.S. Department of Labor released the latest unemployment benefits data on Thursday (12th). Last week, the adjusted number of initial jobless claims reported 205,000, lower than market expectations of 215,000 and a decrease of 1,000 from the revised previous value of 206,000. The number of people continuing to receive unemployment benefits also fell sharply … Read more

The new debt king: to grasp the direction of interest rates, you need to listen to the market rather than what the Fed says | Anue tycoon-US stocks

Heavyweight fixed income manager Jefferey Gundlach, known as the new king of bonds, said that investors who want to understand the direction of interest rates should pay attention to the bond market rather than the Federal Reserve (Fed). “Based on my more than 40 years of experience in the financial industry, I strongly recommend that … Read more

“Snowflake” melts!Berkshire’s $1 billion profit turned into water but has not yet sold its holdings | Anue tycoon-US stocks

Buffett’s Berkshire Hathaway bet on Snowflak, which was profitable for a time, has melted away with time. Berkshire (BRK.B-US) issued an initial public offering (IPO) of US$120 per share in September 2020 to Snowflake (SNOW-US) Investment of about 735 million Yuan. When the cloud software industry was booming in the early days, Snowflake performed particularly … Read more