So much for the rally. On Thursday, the S&P 500 got within 2.4 percent of its historic high only to tumble on Friday. We got mugged by slower global growth again.
While we do have a dovish Fed, that factor is now priced into the market. The president has made clear there may be no immediate reduction in tariffs, and the European manufacturing data — particularly Germany — was so bad that 10 year bond yields over there went to zero. So, the bull narrative is running up against reality. If this weak global economic growth narrative stays with us, it means stocks are pricey at this level.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
Auto stocks fall after BMW warns of global economic slowdown, trade troubleBMW executives said the industry faces a fiercely competitive environment, dogged by questions about how tariffs and trade tension between the U.S., China and Europe could affect supply chains, manufacturing and sales. But but...the trade deal....the dovish FED....excessive multiples don't matter.... your reasons are fake news
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »
Three stocks to hedge against an economic slowdownThe U.S. economy could be slowing down, but RDM Financial Group's Ron Weiner has three sector picks that could weather any trouble ahead. Mr Kramer Nke 100?
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »
Stocks under pressure | Fed's rate decision set | FedEx warns of global slowdownFutures are pointing to a slightly lower Wall Street open, but with a Fed policy statement ahead and headline risk surrounding China trade talks, another volatile day could be ahead. I warn too of global slowdown need China back up a bit they buy our goods Market isn't too bad'
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »