The global market may face the baptism of a perfect storm.In the US financial market, the headwind of interest rate is blowing stronger, and the major economies in Europe and Asia have also raised their future interest rate expectations.The global bond market is falling, the yield is rising, the revaluation of US stocks will be on the verge, and the S&P index has already shown signs of head shape.Breaking all this deadlock may be the completly falling below the 200-day moving average.Big risks mean big opportunities. Under the expectation that foreign capital will start to return to the US dollar again, there will be a low buying opportunity in global stock markets. For example, Chinese real estate stocks that have been suppressed for a long time may be more turbulent,It's time fo

There is no doubt that for a long time to come, the source of global market fluctuations will come from the US bond market.Just last week Powell warnedAfter "the Federal Reserve will adopt restrictive monetary policy to curb high inflation for a period of time and will not relax monetary conditions prematurely",The two-year US bond yield immediately rose above 3.4%, reaching the highest level since the global financial crisis. This key change has become a very obvious signal light for the future US stock market crash.This is a comparison between the year-on-year increase of US inflation rate (red line) and the trend of 2-year US bond yield (black line).Obviously, Even though the yield of US bonds has soared in the past two years, The short-term interest rate increase triggered by the Feder

Important information:What we are facing now is a rather divided market.You may have been exposed to too much news about buying the dip of A shares:China's macroeconomic data has just given a series of the most eye-catching transcripts: in January, the official PMI data of manufacturing and non-manufacturing both exceeded expectations and returned to the expansion range. Last year's Q4 GDP, industrial added value and retail sales in December, and the growth rate of non-agricultural fixed investment in the whole year of last year all exceeded expectations.Even the unemployment rate in December was lower than 5.7% in November. There are really too many rising reasons for A shares, but a key question you may not have noticed is: Why did Hong Kong and chinese market fa

Summary:Everything is just beginning. You know, the most thoroughly stripped "naked swimmer" will always act as the first domino to be pushed down before the economic crisis, and the whole process of domino being pushed down is also a continuous accelerating process.Why do Silicon Valley banks sound the prelude to the American crisis?Although the bank is small, the problems it reflects are not simple. Let's review these two key points:1. After the bank deposit in Silicon Valley triggered a run, the bank's $42 billion deposits were withdrawn in just a few hours! When the business closed on March 9th, the deposit deficit was negative 1 billion, which directly led to Silicon Valley Bank filing for bankruptcy.​​​2. Just after Silicon Valley Bank declared bankruptcy, The Federal Reserve and the

The statement that the Federal Reserve will suspend interest rate hikes in September was first put forward by Bostic. As early as Monday, Atlanta Fed President Bostic said in an interview with reporters: After raising interest rates by 50 basis points in the next two months, it may be reasonable for the Fed to suspend further interest rate hikes to assess the impact of actions on inflation and the economy. This is the first person in the Federal Reserve to propose to suspend interest rate hikes. This is not to disagree with Powell, It's the other way around, His remarks are probably after internal discussions, He chose to throw out such an expectation to boost the rise of US stocks, but Bostic did not have the right to vote this year, and always advocated adopting a neutral and moderate mo

The recession just lights up the yellow light,From the data we ran out, the red light of the economic crisis is far from lit up.If the Fed  does not raises interest rates beyond expectations, there may be about one year left for the market to fluctuate. Have you found a very bizarre phenomenon? When the global bond market experienced a rare storm of crushing the market，the stock market remained stable, as if it was not affected by the bond market's decline at all. In addition to the retracement of A shares due to the reasons we mentioned earlier, the peripheral markets such as Nikkei, EU Index and Korea Index are still singing and dancing.​​ ​​Review: The stock market rise after the Fed raised interest ra

The technical recession in the United States has put more pressure on the Federal Reserve to raise interest rates sharply in the future, but the surge in US stocks in recent days has given some pessimistic expectations for future gains.Last night, after Powell's speech landed, the US stock market experienced the biggest one-day increase this year.​Last night, the single-day gains of the three major stock indexes of US stocks made a new high this year.1. Historical Data Shows A Negative Trend After Rise on The Rate Hike DayYou should pay attention to two points,1) Although $S&P 500(.SPX)$ has risen sharply, the overall trading volume has not increased greatly.

Powell's speech did not exceed the script expected by the market. Whether it was a 75 basis point interest rate hike or a speech after the meeting, it did not bring too many surprises to the market, let alone shock. Powell continued his steady and conservative style in the past and put the landing of this interest rate hike firmly within the expected red line.As early as Tuesday, in our forecast of the Fed's interest rate hike, we mentioned that the current market expectation of the Fed's interest rate hike path is: 75 BPS in September, 75 BPS in November and 50 BPS in December. The Eurodollar interest rate market has already completed the pricing in of another 200 basis points this year.Look at last night's interest rate statement and the chairman's speech after the meeting, and the

Today, let's talk briefly about a strange situation: someone suddenly bet on the continuous decline of the US dollar.Yes, you are not mistaken.Although the US dollar index has stabilized and rebounded around 106, a large number of traders already believe that the decline of the US dollar probably does not stop there. They seem to be betting on such a script:A bigger round of dollar selling will start at any time, and the trend of the dollar index will appear in the typical form of head and shoulder top, thus turning downward in reverse.From the latest CFTC position data, there is a rare jump in the overweight of the asset management market in the US dollar short position, which makes the short position of the asset management market reach a new high in the past two years as of last week​​​

After Powell's speech, The US stock market suddenly broke out in an inexplicable carnival, This makes the previous bullish bettors earn a lot of money. The market seems to only believe its own expectations, but doesn't care what Powell is saying at all. This trend of treating neutral news as good is very rare, and probably can only appear at the end of the year when liquidity is not abundant.When we take stock of Powell's speech last night, we will find that compared with the beginning of November, the new information only acknowledges that the previous monetary policy has made substantial progress, but immediately turns the conversation around and says that the current slowdown policy needs more evidence to prove that inflation has peaked and demand is slowing down continuously. And reite