The US Federal Reserve (Fed) has decided to raise interest rates and has exacerbated fears of an economic downturn, together with the arrival of the quarterly settlement day of the 'Four Witches' derivative products, increasing the stock market volatility, the four major US stock indexes Friday ( 16) Complete blackout, down for the third day in a row, oil prices fell, gold prices rose,dollar indexsmall rise. Federal Reserve Bank of New York chairman John Williams predicted next year's final rate could exceed the 5.1% forecast in the December rate dot chart, while Federal Reserve Bank of San Francisco chairman Mary Daly said high inflation could be higher than expected. longer, none of the politicians predicted a rate cut next year. Although interest rate hikes in major countries have are reduced from previous times, all showed their determination to continue tightening and admitted that the economy could decline next year. The interest rate will peak at about 4.8% before the middle of next year and will drop to 4.4% by the end of next year. next week for the signing of Biden. Ahead of the deadline, data from Johns Hopkins University in the United States showed the number of confirmed cases worldwide rose to 652 million and the number of deaths surpassed 6.663 million. More than 13.1 billion doses of vaccines have been administered in 184 countries around the world. Apple (AAPL-USA) down by 1.46%; Half (META-USA) up 2.82%; Alphabet (GOOGL-USA) down 0.66%; Amazon (AMZN-USA) down 0.67%; Microsoft (MSFT-USA) down 1.73%. Heavy Industries Kintor (CAT-US) +0.89%; boeing (BA-USA) up 0.53%. American Express (AXP-USA) down 2.61%; Nike (OF THE UNITED STATES) fell 2.36%; McDonald's (MCD-USA) down 2.06%. FG (GFS-USA) down 2.96%; Marvell (MRVL-US) fell 2.57%; Huida (NVDA-USA) fell by 2.25%; ASML (ASML) fell 2.05%. Goldman Sachs is said to be laying off 4,000 people. The company's management was asked to draw up a list of underperforming staff. It will cut up to 8% of its staff early next year, but some people say the last of the list hasn't been drafted yet. JPMorgan Chase raised its investment recommendations rating from 'neutral' to 'overweight,' it believes the company's revenue and profit pressures will ease next year and a series of cost-control measures will attract attention. Also, privacy changes to Apple's iOS operating system help ease sales pressure. The Photoshop developer announced Thursday after the close that its fourth-quarter earnings and first-quarter EPS forecasts were ahead of market expectations . The U.S. National Highway Traffic Safety Administration (NHTSA) said Friday it had opened an investigation into General Motors' robotic taxi unit Cruise to determine whether the brakes on Cruise's self-driving car braked hard. or they didn't work, leading to a collision that injured two people.
The US preliminary global PMI was reported at 44.6 in December, below market expectations of 47.0 and 46.4 in November.
Wall Street analysis Markets also digested a flurry of US economic reports this week that showed the economy was slowing while the US job market remained strong. United States towards a successful soft landing, but I think I'm overly optimistic.' Although the S&P rebounded in the summer, it refreshed again to this year's low in October.