Monday , September 27 2021

Wall Street may appear on Monday, but can not reduce the costs in December



Boston (Reuters) – Investors have seen the latest effort on Wall Street shares at their last trading session on Monday, but they do not expect compensation from the worst December 1930s.

Traders work at the New York Stock Exchange in New York, New York (NYSE), the United States, December 28, 2018. REUTERS / Jeenah Moon

"I think the market has the potential to enter the market by the end of the year," says Jake Dolhide, Chief Executive Officer of Longbow Asset Management in Tulsa, Oklahoma.

Dolhit said that the potential trade scandal with China could potentially be raised and the comments of the Federal Reserve Chairman, Jerome Powell, are on the market. However, despite the potential for any potential rally, the market barrier is expected to remain.

"In December, it's the worst December since the Great Depression, and it's a very good picture of how bad it is," Dolhid said. "Let's not be on the ring tomorrow, there is nothing about it."

Last week, when Wall Street's Christmas tree fell, S & P 500 pushed the bear to the marketplace. Overall, the MSCI global index is for the worst years since the S & P 500, Dow and Nasdaq 2008 financial crisis.

Consumption expenditure data is strong but there are no housing data and the market sees political instability and closure of the US government.

"This Monday is a very beautiful day, so I think it's too high for me to wait for the fireworks," says Rick Mackler, a partner in New Jersey, New Jersey. "In my opinion, you will see a good balance of buyers who will go on the market and provide a much stronger base and potential potential."

According to US President Donald Trump, progress has been made in the trade dispute with China. In addition, strong data for Christmas consumers can support the market.

But this month, after the strongest attacks, it is expected that the last day of the trades will be reversed. On the last day of the year, few companies make major announcements and are expected to be lucrative.

Japan's industrial productivity and decline in retail sales, the fall in German inflation, and data on the purchase of former US-owned homes in November, unexpectedly dropped, taking into account the morning economic data.

The Chicago shopping management index has broken down the bad news and reached a consensus.

The key indexes on Friday moved to the positive area, slightly lowering Dow and S & P, Nasdaq earned a little.

"In my opinion, closing the Friday day should look good for bulls," said Oliver Poursh, a board member of Bruderman Asset Management. However, despite the loss of significant losses at the meeting, Pursh said investors should be careful about January. "Investors should expect to move up and down."

Our standards:Thomson Reuters Trust Principle.

Source link