loader
01.09.2023 12:05

Why is the autumn market dangerous?



Değerli Müşterilerimiz ve Ortaklarımız!

Why is the autumn market dangerous?Investors are confident that September will be another super volatile month on Wall Street amid three major events affecting the market. All eyes will be on the upcoming US jobs report, CPI inflation data and the Fed's important interest rate decision.Wall Street's three major indices - the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite - ended the month with losses as new uncertainty around the Fed's tariff plans seriously spooked investors.Investors are gearing up for a fresh stock market crash - this annual sell-off is commonly referred to as the "September hurricane".Think back to last year: The Dow fell nearly 9% in September as investors fretted about the Fed's aggressive rate hike plans to fight rising inflation. A year has passed, but the arguments for market panic have not changed.Today we are waiting for NFP: to cancel the next rate hike, the number of new jobs must be above 150K, but not above 200K, and PCE inflation must either be below Powell's announced figures (3.3% overall, 4.3% core), but at least, not higher. Unemployment is expected to remain stable at 3.5%, and this level is still critical for the Fed.Next breakpoint: US CPI release on September 13th. Last summer, the CPI reached a 40-year high of 9.1% and is on a steady downward trend, but now prices are still rising much faster than the 2% rate that the Fed considers "healthy".Wednesday, September 20: The Fed has been raising rates for 11 of its last 12 meetings, but is now ready to pause and keep rates in the 5.25%-5.50% range. The chance for another increase remains (at the November meeting), but this expectation will constantly unnerve the market.So we will have to trade in an extremely high-risk environment. Draw your conclusions!Profits to yall!#ForexChief #Nasdaq #fed #Market #forexnews #DowJones #worldnews #WallStreet

Saygılarımla,
xChief Ekibi