CITIC Securities: US Stocks May Experience a Volatility Period of at Least One to Two Months
On June 7, CITIC Securities' research report stated that the continued better-than-expected non-farm payroll data in May further signals a stabilization and recovery in the US labor market, catalyzing market expectations for interest rate hikes and leading to significant adjustments in asset prices. The US dollar strengthened, US Treasury yields surged, US stocks fell sharply, and gold weakened. CITIC Securities believes that there are still significant internal disagreements within the Federal Reserve, and it may not raise interest rates within the year. However, the market in June may temporarily be affected by liquidity shocks, and US stocks may face a volatility period of at least one to two months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
PBF Energy prices USD 500 million 0% exchangeable notes due 2032
Piedmont Realty Trust prices USD 200 million exchangeable senior notes offering due 2031
Multicoin Capital deposits another 333,200 HYPE, worth $26.73 million, to a certain exchange.
JPMorgan raises IREN target price to $65
