Thursday , October 6 2022

Wall Street falls 2% with the market "angry" when commercial ads are missing in China.



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Major world stock indices are lost, while Xi and Trump are optimized after the meeting. In addition, the yield curve has increased.

The turmoil re-markets the looms. And in a few days, the market was "angry", according to US operators, which caused significant losses to Wall Street in the face of the war.

At this time, the main stock market indexes in the U.S. are dyed in red. While Dow Jones lost 3.10% of its value, selective S & P 500 and Nasdaq composites fell by 3.24% and 3.80% respectively.

Why stumble after boom? According to New York operators, investors are "embarrassed" and "angry" after the rally, because they do not see concrete signals that China and the United States take to complete the war trade.

"On Sunday, we thought both countries slowed down their commercial tensions, but since then we have not heard anything from China or Xi Jinping, so the market is angry because of something that could not be overwhelmed on Sunday night," says Michael Antonelli, Robert W Baird & Co.

In New York, the operator is following this volatility the next day, confirming that the markets "the US and China" have to follow specific steps to keep up their commercial tensions. "

Investment alert

The fear that goes into the market is another that the United States Treasury Bond yield curve is due to the anticipation of the recession.

Fourteen years have gone by within ten days, with the fall in the last four decades of paper, the difference between the 10-year bombings and two-year bonuses is now 11 points lower than the subprime crisis.

Although the expansion of the eight debtors came close, the phenomenon was deepened by the fact that the investors were looking for support for ten-year bonds and the downward trend.

"Due to the fall in performance due to the flight that is safer assets, they are buying treasures in order to avoid the stock market in the last two days," says Antonell.

US reversal of the sovereign paper curve – when short-term periods are higher than long-term rates – recessions are considered to be a good prediction since the curves have been reversed every decade, a recession has occurred 18 months later.

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