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

Golden Finance reports that on June 7th, Guotai Haitong Research believes that the non-farm payroll data in 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 are still significant disagreements within the Federal Reserve, and it may not raise interest rates 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%
PAXG-0.22%
XAUUSD-0.59%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned