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Cathay Haitong: U.S. stocks may experience at least one to two months of volatility

金色财经_
Golden Finance reports that on June 7th, Guotai Haitong Research believes that the non-farm payroll data for May continued to exceed expectations, further signaling the stabilization and recovery of the U.S. labor market, which catalyzed market expectations for interest rate hikes and caused significant asset price adjustments. The dollar strengthened, U.S. Treasury yields jumped, U.S. stocks fell sharply, and gold weakened. Guotai Haitong thinks that there is still significant internal disagreement within the Federal Reserve and that there may be no rate hikes this year. However, the June market may temporarily be affected by liquidity shocks, and U.S. stocks could experience at least one to two months of volatility.
GLDX-2.45%
PAXG0.32%
XAU0.28%
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