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Asia stocks to fall as tech rout deepens on Fed
Stocks in Asia are set to open weaker after a selloff in U.S. technology shares and Treasuries accelerated once Federal Reserve minutes signaled interest-rate hikes may be more aggressive than many had expected.
Australian equities slipped at the open, while Japan futures fell. U.S. contracts dropped after the $NASDAQ 100 Index(.NDX.US)$ tumbled the most since March as ri...

Asian stocks may get boost from record U.S. close
Asian stocks looked set for a tailwind Tuesday after another all-time high for U.S. shares on optimism that the global recovery can weather risks from the coronavirus and tightening monetary policy.
Equity futures for Japan pointed higher after the $S&P 500 Index(.SPX.US)$ notched its 69th record close this year, led by the energy and technology sectors, though volumes were lower than average. U.S. contracts were steady. Hong Kong will reopen after a holiday and Australia remains closed.
Stocks' rally will likely survive the Fed's first hike, Crossmark says
Crossmark Global Investments's Victoria Fernandez said in a Monday interview with Bloomberg Television that historically equity markets continue to rise after a first interest rate hike and don't actually take a hit until after the Fed's second or third increase.
JPMorgan says investors are too bearish, no selloff in sight
"Conditions for a large selloff are not in place right now given already low investor positioning, record buybacks, limited systematic amplifiers, and positive January seasonals," the strategists led by Dubravko Lakos-Bujas wrote in a note to clients. "Investor positioning is too bearish -- the market has taken the hawkish central bank and bearish omicron narratives too far."
It's December 1999 based on the NYSE shares touching new lows
Amid all the celebration of a rousing year-end in stocks, Doug Ramsey has a sobering observation about a situation below the market's surface.
Last week, when the S&P 500 closed at a 52-week high, 334 companies trading on the New York Stock Exchange hit a 52-week low, more than double the amount that marked new one-year highs. That's happened only three other times in history -- all of them in December 1999, according to Ramsey, who is chief investment officer for Leuthold Group.
CDC recommends shorter Covid isolation, quarantine for all
U.S. health officials on Monday cut isolation restrictions for Americans who catch the coronavirus from 10 to five days, and similarly shortened the time that close contacts need to quarantine.
CDC officials said the guidance is in keeping with growing evidence that people with the coronavirus are most infectious in the two days before and three days after symptoms develop. The decision also was driven by a recent surge in Covid-19 cases, propelled by the omicron variant. CDC Director Rochelle Walensky said the country is about to see a lot of omicron cases.
The metaverse won Christmas
$Meta Platforms(FB.US)$, Facebook's parent company, had the most popular app in Apple's App Store on Christmas: the Oculus VR app. It's a sign Meta's virtual reality headset was one of the most popular technology gifts over the holidays.
This gives Meta more opportunity to show customers the possibilities of its vision for the metaverse.
Holiday shopping fuels the return of credit card debt
After paying off a record $83 billion in credit card debt in 2020, Americans are on track to end this year back in the red. By the end of the year, Americans are now on track to end up with $70 billion more in credit card debt, according to a projection by personal finance site WalletHub.
Credit card balances are expected to continue to rise in 2022, according to one forecast.
Apple closes stores to customers in New York City due to surge in Covid cases
$Apple(AAPL.US)$ closed its stores in New York City to indoor traffic due to a sharp rise in Covid-19 cases. Customers ordering online aren't restricted from picking up products outside retail locations.
The move, which affects its locations in Manhattan, Brooklyn, the Bronx and Staten Island, isn't a complete shuttering of stores like the company has done in the past to slow the spread of the virus.
Source: Bloomberg, CNBC

According to bloomberg articles , we could know how to analyst Fed's Dot Plot and help us to understand the political trend.
What is plotted on the dot plot?
It’s a chart showing estimates of what the federal funds rate, the short-term interest rate controlled by the Fed should be. Members of the rate-setting Federal Open Market Committee each assign a dot for what they view as the midpoint of the rate’s appropriate range at the end of each of the next three years and over the longer run. Investors focus on the median dot. As many as 19 monetary policy makers -- the seven governors on the Fed Board in Washington and the presidents of the 12 regional banks -- can contribute a dot.
Why does it matter?
When the dot plot shifts, it can send a powerful message to investors on whether the U.S. central bank expects to speed up or slow down its planned tightening of monetary policy. It also creates a benchmark that can be used to highlight differences between the Fed’s official view and that of the financial markets. Recent increases in Treasury yields, for example, highlighted investor concern over
What good is a projection of the fed funds rate?
The dot plot was invented in late 2011, at a time when Fed officials were considering how to prepare markets for the shift they hoped to make away from the unprecedented array of monetary support measures they’d put in place after the financial crisis. The Fed chairman at the time, Ben Bernanke, and Janet Yellen, who served as Bernanke's deputy bbefore a four-year stint as chair, saw the dot plot as a way of giving markets a look into the Feds thinking beyond any immediate decision-making. FOMC statements focus mainly on current economic conditions and the immediate interest-rate target, though they’d evolved somewhat since the crisis and by December 2011 were offering investors forward guidance that rates would be held exceptionally low" at least through mid-2013.
How do Fed leaders view the dot plot?
Even so many peole pay attention to it, however, we must know that not everyone likes and believes it. Jerome Powell, who took over from Yellen as chair in February 2018, said in December 2018 that the dot plot “generally does provide useful information.” In a speech in March 2019, he said the dot plot “has, on occasion, been a source of confusion,” and he said he had asked an FOMC subcommittee “to explore ways in which we can more effectively communicate about the role of the rate projections.”
Therfore, you could use the information from Dot Plot but don't rely on it.
$Dow Jones Industrial Average(.DJI.US)$ $Nasdaq Composite Index(.IXIC.US)$ $NASDAQ 100 Index(.NDX.US)$ $S&P 500 Index(.SPX.US)$ $Invesco QQQ Trust(QQQ.US)$