Market Insights: Jan 3rd, 2024


Today's market insight relates to various aspects including stock market and economy, international affairs, and technology.

Stock Market and Economy:

  1. The S&P 500 index began the early part of 2024 with a lower closing, possibly reaching 5400 points.
  2. Oil prices declined at the start of 2024 due to easing supply concerns.
  3. High-grade bonds are expected to recover in 2024, with a positive outlook for US investment-grade bonds.
  4. The US Federal Trade Commission reached a settlement with XCast Labs regarding illegal robocalls.
  5. Both the stock and bond markets experienced a simultaneous decline, marking a "Black Opening" for Wall Street in 2024.

International Affairs:

  1. Following the investigation into the Tokyo plane collision incident, Japan is focusing on runway safety issues.
  2. Europe faces challenges in an energy crisis, with the future still filled with uncertainty.
  3. China Securities predicts a higher probability of interest rate cuts in the first quarter of 2024.
  4. The US national debt surpassed $34 trillion for the first time, reaching a new milestone.

Technology and Corporations:

  1. Alibaba founder Jack Ma and Joe Tsai are no longer holding shares in six companies.
  2. Milksha applied for listing on the Hong Kong Stock Exchange, with underwriters including Bank of America, Goldman Sachs, and UBS.
  3. The head of the Publishing Bureau of the Central Propaganda Department was dismissed due to involvement in promoting new regulations for online games.
  4. The bull market in tech stocks may last for five years, but it could eventually turn into a bubble.


Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End


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