NVIDIA hits a record high—why?
① U.S. Federal Reserve officials have been signaling “no change,” with expectations for a rate hike in October cooling; ② Anthropic plans to push for a pre-Thanksgiving listing, holding an investor day on October 14; ③ Tencent has reportedly spent $7 billion to procure AI compute services in Southeast Asia; ④ “The anchor of global asset pricing”—the yield on the U.S. 10-year Treasury note (US10Y.BD) $ once rose to 5.342%, the highest level since April 2002
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Today’s four developments are basically all driven by the same logic I mentioned~~
On one hand, pushing U.S. Treasury yields soaring to accelerate capital flows from overseas into the United States; on the other hand, releasing a steady stream of dovish signals to drive a surge in U.S. stocks
With Anthropic’s IPO timing now set, it will soon enter a new round of hype, accelerating the catalytic effect on the bubble
Tencent and Oracle signed a compute contract—yet another major negative for China’s domestic substitution
Under this logic, U.S. stock chips are likely to soon break through to new all-time highs, while over in the A/H market there may still be another round of selloff—sigh......
① U.S. Federal Reserve officials have been signaling “no change,” with expectations for a rate hike in October cooling; ② Anthropic plans to push for a pre-Thanksgiving listing, holding an investor day on October 14; ③ Tencent has reportedly spent $7 billion to procure AI compute services in Southeast Asia; ④ “The anchor of global asset pricing”—the yield on the U.S. 10-year Treasury note (US10Y.BD) $ once rose to 5.342%, the highest level since April 2002
————————————
Today’s four developments are basically all driven by the same logic I mentioned~~
On one hand, pushing U.S. Treasury yields soaring to accelerate capital flows from overseas into the United States; on the other hand, releasing a steady stream of dovish signals to drive a surge in U.S. stocks
With Anthropic’s IPO timing now set, it will soon enter a new round of hype, accelerating the catalytic effect on the bubble
Tencent and Oracle signed a compute contract—yet another major negative for China’s domestic substitution
Under this logic, U.S. stock chips are likely to soon break through to new all-time highs, while over in the A/H market there may still be another round of selloff—sigh......
