Weekend Reading | Gold price hits a new high again! Why are young people not buying gold bracelets, but turning to gold ETFs instead?
Currently, the gold price is inflated, and a pullback is only a matter of time. The period from the end of the year to the beginning of 2025 may be a good time to buy gold.
Newsom Signs Order Seeking Fix for California's Soaring Electricity Bills
Big Tech Is Spending Big on AI
What should be done next week? Citigroup: recommends taking profits from the "Trump trade", especially focusing on US stocks and the US dollar after the election.
Citi pointed out that the market has partially priced in the possibility of a Trump victory, indicating that the risk-return ratio of related trades has worsened. Analysis shows that investors often achieve positive returns if they make investment decisions in line with market trends after the election results are announced, especially in the s&p 500 index and the usd. Citi maintains an overweight position on US stocks.
Contrary to market consensus! Silver, Citigroup in unison: Selling US stocks if Trump wins.
Bank of America strategist Michael Hartnett said that if Trump wins the election and triggers a rebound in US stocks, investors should consider selling; Citigroup's view coincides with Bank of America's perspective; In the view of Citigroup strategists, if the Republican Party wins overwhelmingly, investors should exit the market.
Impacting the movement of $7 trillion in funds! The Russell index undergoes a "major revision" with restrictions on company weights.
Revised index for Russell growth stocks and value stocks: the weight of a single company does not exceed 22.5%, and the total market value of companies with a weight of 4.5% or more does not exceed 45% of the index.