The Fed's interest rate cut in December has changed, is the global market a doomsday carnival or a new starting point?
Folks, the market is about to explode, it feels like the big black pot at home could be ignited by this news! Previously, the market eagerly awaited the Fed's "series of interest rate cuts", but the plot has done a complete 360-degree turn, and the December rate cut is now in doubt!
FedWatch data shows that the probability of a rate cut in December has fallen below the 50% "death line", now only at 47.4%, which is a significant drop compared to last month. So what happened to the promised rate cut?
Fed officials collectively "changed their tune"
The chairpersons who will change voting rights next year have recently been vocal, stating that "inflation is a big problem" and "it's too early to cut rates now". The market complains: they are about to leave, yet they are still desperately hawkish.
Data “gap” makes the Fed cautious
With the U.S. government shutdown, the October CPI and non-farm data have “disappeared”, making Fed meetings feel like they are blindfolded, hesitant to cut rates easily.
The economy is more resilient than expected
U.S. consumption is stable, employment is stable, the Fed feels there is no rush to cut rates, and will observe further.
Great impact on our assets
Gold fluctuates
After gold surged to 4200, it encountered resistance and may fluctuate in the short term.
U.S. stocks diverge
Tech stocks face significant pressure, while bank stocks may take the opportunity to profit.
Chinese concept stocks suffer
The strong dollar continues to hit Chinese concept stocks.
Cryptocurrency struggles to rise
Risk assets are generally suppressed, making it difficult for Bitcoin to rise independently.
Key points to keep an eye on
On December 10, watch whether the CPI data returns, and on December 11, observe the Fed’s dot plot. These two “shows” will determine whether there will be market activity at the end of the year, stay tuned!
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#加密市场回调 #十月加密行情