Reported 12 months ago
Chen Yiguang, Chairman of First Financial Investment Management, provided market analysis mentioning the US May PCE inflation rate falling as expected, leading to a possible slowdown in economic growth. The Federal Reserve left rates unchanged, indicating a potential interest rate cut in the future for economic support. As US stock market performed well in June, with historical trends suggesting positive July results, the focus remains on Q2 financial reports and selecting financially strong stocks for investment.
Source: YAHOO