The trend of the pancake head is strong, hitting the previous low of 55600 again, and it has rebounded to 56200 and is fluctuating.
For the morning pancake: step back to around 56000-55800, and look to around 56700-57200
For the morning aunt: step back to around 2360-2340, and look to around 2400-2440
CICC: The performance of US stocks in the second quarter did not slow down significantly, but accelerated overall
CICC research reports pointed out that since July, the weakening of several US economic data has exacerbated recession concerns, which in turn triggered market fluctuations. However, to date, panic has eased, and the Fed’s interest rate cut in September is also "set in stone", and the market has fully priced in the interest rate cut. Contrary to the market's intuitive feeling, the performance of US stocks in the second quarter did not slow down significantly, but accelerated overall. However, the internal structural differences revealed the market's concerns and potential pressure points. For example, the slowdown in the growth of technology companies has become a "source of volatility" under the conditions of high valuations and more profit-taking. Low-end consumption has slowed down due to residents' pursuit of cost-effectiveness. Cyclical sectors such as real estate and manufacturing are still bottoming out.
