[Morning Report] Is the US PCE price index growing at a high rate? Goldman, S&P 500 to 6000 - if large high-tech stocks continue to rise
![[Morning Report] Is the US PCE price index growing at a high rate? Goldman, S&P 500 to 6000 - if large high-tech stocks continue to rise](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240325/19b02f2caa33592a5a82ff5c67dc7b35.png/big?area=105&is_public=true)
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Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 40,500 yen - 41,000 yen (22nd closing price 40,888 yen 43 sen)
●Is the US PCE price index growing at a high rate - justifies the FRB's patience with interest rate cuts
● FRB Chairman Powell is prepared to support the job market - even if inflation remains high
● Goldman and S&P 500 reach 6000 - if large high-tech stocks continue to rise
● Gucci's shock, sharp decline in sales in China - effects of consumption deceleration became apparent in the luxury goods industry
● Unstoppable depreciation of the yen, market predictions in the 152 yen range that test the “seriousness” of intervention
— MooMoo News Kathy
● [Tokyo Stock Exchange Rate Forecast Range] 40,500 yen - 41,000 yen (22nd closing price 40,888 yen 43 sen)
●Is the US PCE price index growing at a high rate - justifies the FRB's patience with interest rate cuts
● FRB Chairman Powell is prepared to support the job market - even if inflation remains high
● Goldman and S&P 500 reach 6000 - if large high-tech stocks continue to rise
● Gucci's shock, sharp decline in sales in China - effects of consumption deceleration became apparent in the luxury goods industry
● Unstoppable depreciation of the yen, market predictions in the 152 yen range that test the “seriousness” of intervention
— MooMoo News Kathy
Market Overview
In the US stock market on the 22nd, the NY Dow Jones Industrial Average fell 305 dollars 47 cents lower than the previous business day to 39,475 dollars 90 cents for the first time in 5 days. The Nasdaq Composite Stock Price Index rose 26.983 points to 10,6428.819. Profit determination sales dominated the Tokyo stock market on the 25th, centered on main stocks, and the Nikkei Stock Average is likely to fall for the first time in 5 days.
In the US stock market on the 22nd, the NY Dow Jones Industrial Average fell 305 dollars 47 cents lower than the previous business day to 39,475 dollars 90 cents for the first time in 5 days. The Nasdaq Composite Stock Price Index rose 26.983 points to 10,6428.819. Profit determination sales dominated the Tokyo stock market on the 25th, centered on main stocks, and the Nikkei Stock Average is likely to fall for the first time in 5 days.
Top news
Is the US PCE price index growing at a high rate - justifies the FRB's patience with interest rate cuts
The key inflation index that the US Federal Reserve emphasizes will probably remain high in February, which seems to justify the authorities' cautious stance against quick interest rate cuts. PCE data is scheduled to be announced on the 29th when the US stock market and bond market will be closed due to the Good Friday (Good Friday) holiday.
Is the US PCE price index growing at a high rate - justifies the FRB's patience with interest rate cuts
The key inflation index that the US Federal Reserve emphasizes will probably remain high in February, which seems to justify the authorities' cautious stance against quick interest rate cuts. PCE data is scheduled to be announced on the 29th when the US stock market and bond market will be closed due to the Good Friday (Good Friday) holiday.
FRB Chairman Powell is prepared to support the job market — even if inflation remains high
When inflation surged in 2022, the US Federal Reserve moved to prevent a wage increase spiral by raising interest rates. Now that the unemployment rate is on an upward trend, the financial authorities have indicated their intention to lower interest rates even if inflation remains high for a while in order to put a stop to the spiral of employment decline.
When inflation surged in 2022, the US Federal Reserve moved to prevent a wage increase spiral by raising interest rates. Now that the unemployment rate is on an upward trend, the financial authorities have indicated their intention to lower interest rates even if inflation remains high for a while in order to put a stop to the spiral of employment decline.
Goldman and S&P 500 reach 6000 - if large high-tech stocks continue to rise
$Goldman Sachs(GS.US$The strategist assumed a scenario where large high-tech stocks would take the lead while maintaining the forecast 5200 for the S&P 500 stock price index at the end of the year, and the same index would rise further 15%.
Related articles:Pushing for the losers Apple and Tesla?
$Goldman Sachs(GS.US$The strategist assumed a scenario where large high-tech stocks would take the lead while maintaining the forecast 5200 for the S&P 500 stock price index at the end of the year, and the same index would rise further 15%.
Related articles:Pushing for the losers Apple and Tesla?
Gucci's shock, sharp decline in sales in China - effects of consumption deceleration became apparent in the luxury goods industry
Concerns about a slowdown in consumption in China have plagued the luxury goods industry for most of the past year. Last week, Gucci, one of the biggest fashion brands, was confronted with the magnitude of the problem.
Concerns about a slowdown in consumption in China have plagued the luxury goods industry for most of the past year. Last week, Gucci, one of the biggest fashion brands, was confronted with the magnitude of the problem.
The unstoppable depreciation of the yen, and market predictions in the 152 yen range that test the “seriousness” of intervention
The depreciation of the yen is unstoppable in the foreign exchange market. There are also voices predicting that the dollar = 152 yen range will be reached for the first time in 34 years. Finance Minister Shunichi Suzuki fought back against speculative movements on 21-22, but the market is trying to determine the government's seriousness about exchange intervention.
The depreciation of the yen is unstoppable in the foreign exchange market. There are also voices predicting that the dollar = 152 yen range will be reached for the first time in 34 years. Finance Minister Shunichi Suzuki fought back against speculative movements on 21-22, but the market is trying to determine the government's seriousness about exchange intervention.
Tokyo Stock Exchange Rate Forecast
Stock market forecast for the 25th = fall for the first time in 5 days, or sales advantage due to an immediate sense of overheating
Stock market forecast for the 25th = fall for the first time in 5 days, or sales advantage due to an immediate sense of overheating
Foreign substitutes
Key Market Events
![[Morning Report] Is the US PCE price index growing at a high rate? Goldman, S&P 500 to 6000 - if large high-tech stocks continue to rise](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240325/52bec9a3082fd1268a35861d168f5387.png/big?area=105&is_public=true)
![[Morning Report] Is the US PCE price index growing at a high rate? Goldman, S&P 500 to 6000 - if large high-tech stocks continue to rise](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240325/1711322590490-33440340bf.png/big?area=105&is_public=true)
Distributor: Dow Jones, MINKABU, Fisco, Bloomberg, WelsAdvisor, Nihon Keizai Shimbun
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