Shanghai Composite Index rises

2024/5/8'sShanghai Composite IndexIs the closing price3128.10It is.

It had become a resistance3090It broke on 2024/4/29.

The boom in the Chinese economy will boost global prices, so for the US, which aims to calm inflationminusIt is.

It was rising until 2024/4/5Crude oil futures WTIThe current value is against a peak of $86.91$77.30It has declined to

Is the decline in crude oil prices good for stock pricesplusesIt is.

Because the risk of a recession has increased due to the slowdown in the US labor marketUS 10-year bond yieldis falling.

US 10-year bond yieldThe decline encourages an increase in the number of home buyers because mortgage interest rates are lowered. To contribute to calming soaring rentsStock heightIt's a factor.

Public utility ETF'sXLUFrom 5/1skyrocketingI'm doing it. Public utility stocks have stable earnings even though they have no growth potential like growth stocks, so they are useful as a hedge when there is a sense of anxiety about the market price.

SMCIIt is a high-tech stock that tends to be bearish, but it has plummeted since March C3.ai (AI) is rebelling.

It was fallingAgricultural stocksFunds are being transferred, such as showing signs of an increase.

NASDAQStock price indices such as these do not drop that much because other sectors rise and support even if high-tech stocks fall in a market where the market is slightly weak.

In future market prices, investors who mainly focus on individual stocks and are excessively biased towards high-tech stocks may feel a strong sense of anxiety.

In that casePublic interest stocksIt is wiser to increase the ratio of defenses such as

May 22, 2024NVIDIA of (NVDAI believe that the financial results of) will have a considerable impact on the overall market.

Once the settlement comes out, there is a risk that stock prices will drop because there will be a shortage of materials for the next 3 months.

Originally, trends in economic indicators are regarded as importantCPIConsidering that they are reluctant to drop, I think the interest rate cut period will be around October.

Rather than high pricesHousing expensesThe fact that it's high has become a problem.

Due to high pricesconsumptionwill decline.

When consumption fallshiringIt gets worse.

When employment worsensUS 10-year bond yieldwill fall.

If the yield on 10-year US bonds fallsDetached houseThe number of buyers increases.

Because as the number of people living in detached houses increases, the number of rental vacancies increasesrentsIt goes down.

As aboveCPISince it will take a long way for it to fall, there is a high probability that it will become a range rate.

European interest rate cuts will begin even if internal factors are scarce, etc.external factorsThere may be an increase in stock prices due to this.