Daily Report | 22 November 2022
The speculation of China's Zero-Covid Policy re-implementation put pressure on energy stocks. Non-Primary Consumers and
The speculation of China's Zero-Covid Policy re-implementation put pressure on energy stocks. Non-Primary Consumers and
Stocks are defensive to prop up the S&P 500, ignoring speculation of a fifth FFR 75Bps gain in December. On the
Jobless claims fell 2% within the week, again giving the Fed a Hawkish room. Data showed that US Initial Jobless Claims
Resilient Consumers keep inflation high. The accumulation of savings during the Covid19 pandemic, and rising wages amid
US inflation slumped again, and technology stocks continued to rally, with the Nasdaq appreciating by 1% or leading Wall
The fading of the US inflation effect and a lack of new sentiments affect Wall Street to weaken, with the Nasdaq
Inflation optimism has reached its peak, and the Nasdaq was up by 200 points, which led Wall Street's gains. Other than
Inflation below 8% ahead of the year-end holiday, the Dow rose by 1,000 points. The high base inflation in 2021 and the
Wall Street weakened by 2%, along with investors that paid their attention to the US Midterms results. The Nasdaq