At the elevator entrance, an old lady asked a young man she knew, "My house was built in the 1970s. I offered 420,000 last year, but I didn't sell it. Will it be better this year? I heard there are many policies." The young man said seriously, "The key depends on whether the Fed cuts interest rates."
This year, the old lady can sell it! ! !
Fed's Bostic: 'The fourth quarter may be the time for the Fed to cut interest rates'
He expects the "explosive" price pressures that emerged during the epidemic to return to normal levels next year. To curb the sharp price increases in the past few years, "we still have a long way to go." Although inflation is still quite high, he said that slowing inflation will help him gain the confidence he needs to cut interest rates.
The Fed's mouth cannon is still effective. More importantly, Germany's CPI in April exceeded expectations and was a bit high. So the certainty of a European interest rate cut in June has been shaken. In addition, U.S. bonds have been selling quite poorly recently, and no one is buying them, so the 10-year U.S. bond yield has rebounded strongly to 4.6. This is all pressure on U.S. stocks.
Bottom-picking is an art, there will be a wave of opportunities in the near future
Old rules, take the initiative to tease me, you lie flat on the shore! ! !
