News

The median sales price of existing homes in the US fell 0.2% year on year to 363,000 US dollars/unit in February, the first decline since 2012; total annual home sales rose 14.5% month-on-month in February, the biggest increase since mid-2020, and ended a record year of decline due to rising interest rates and affordability restrictions, to 4.58 million households.
Source: Futunn

The agency said that this round of risk from overseas financial institutions is likely to trigger a drastic adjustment in US stocks through the US economic recession or a rapid decline in investors' risk appetite. However, after the final decline in US stocks, the Fed's monetary policy shift is expected to begin. Then there will be an “opportunity” for global assets. The same is true domestically.
Source: Futunn

Analysts are good at many things, but they aren't necessarily the best stock pickers.
Source: Futunn

According to J.P. Morgan, bank stocks account for 3.3% of the S&P 500 index, and financial stocks account for 10.5%.
Source: Futunn

The closure of Silicon Valley Bank of the United States and signatory banks is ahead, and the market is paying close attention to whether the current crisis of Credit Suisse will cause further risk spillover into the US and European banking industries.
Source: Futunn

US Treasury Secretary Yellen said on Tuesday that if the banking crisis worsens, the government is prepared to provide further guarantees for deposits.
Source: Futunn

Southbound Capital received a net purchase of HK$1,013 million, Pharmaceutical Biotech received a net purchase of HK$415 million. Hang Seng Chinese companies had the highest net sales volume of HK$1,024 million; Northbound Capital made a net purchase of $4.295 billion today, while IFF and Changchun Hi-Tech received net purchases of $306 million and $228 million respectively.
Source: Futunn

As of the end of December last year, Berkshire Hathaway held 29.8 million shares of Ally Financial, accounting for 9.9% of the company's shares, and was its second largest shareholder. Bank stock Ally Financial may welcome a lifesaver: stock god Buffett
Source: Futunn

With low financial leverage and first-class profit margins, Tesla received investment grade ratings from two major rating agencies, Moody's and S&P.
Source: Futunn

Big investors are turning their eyes to one of the biggest concerns of all fund managers — missing out on the next big rally.
Source: Futunn

The sale price of Zhongbao New Materials is HK$1.05-1.35 per share. Each lot sells 2,000 shares per unit, and the entrance fee is about HK$2,727.
Source: Futunn

According to Hwang In-hoon, what is more important about AI is that now everyone can write programs directly in the language we communicate with on a daily basis without using a professional programming language. For the first time, the threshold for writing programs has been drastically lowered.
Source: Futunn

Among European banks, the five-year CDS fluctuated the most in a single day by Deutsche Bank. The spread widened even more than UBS, which was burdened by Credit Suisse. However, Credit Suisse's tier-1 capital ratio is still higher than that of Deutsche Bank.
Source: Futunn

After laying off 18,000 employees in November last year, Amazon announced a second round of large-scale layoffs, which will affect more than 9,000 people, affecting Amazon's cloud computing, advertising, human resources, and Twitch Live streaming departments.
Source: Futunn

Federal Reserve Chairman Powell and his colleagues faced one of their toughest decisions in years this week: whether to raise interest rates again to counter stubbornly high inflation, or to suspend interest rate hikes amid the worst banking crisis since 2008.
Source: Futunn

El-Erian believes that the Federal Reserve is likely to choose a compromise solution at this meeting to keep policy options open. The Federal Reserve may keep interest rates unchanged while providing forward-looking policy guidance, indicating that this is a short “pause” rather than the end of the interest rate hike cycle.
Source: Futunn

High returns are often accompanied by high risks, and there are no free lunches in the world.
Source: Futunn

In the later stages of interest rate hikes: commodities > bonds > stocks; the stock market fell and volatility rose; development was better than emerging ones; interest rates on US bonds peaked and fell, and credit spreads widened; crude oil rose, industrial metals and gold were poor, and the US dollar index strengthened; interest rate cuts were expected to heat up: stocks > bonds > commodities; stock market rebounded, emerging recovery; US bond interest rates declined; gold recovered, and the dollar weakened.
Source: Futunn

The recent outbreak of the European and American banking crisis has had a significant impact on crude oil and gold prices.
Source: Futunn

After central banks around the world joined forces with the Federal Reserve to ease the supply of dollars, there was no rush to buy dollars in the market.
Source: Futunn