U.S. stock markets are looking to shed some of last week's credit concerns, which overshadowed a solid start to the third quarter earnings season, and focus on a busy slate of profit updates and data releases that could underpin performance over the final stretch of the year. ...

Asia-Pacific markets opened higher Monday as investors awaited a slew of economic data coming out of China.Analysts polled by Reuters expect China's economy to have slowed in the third quarter, forecasting gross domestic product to have grown 4.8% in the July-to-September period from a year ago, easing from 5.2% in the previous quarter.Japan's Nikkei 225 rose 1.6%, while the Topix added 1.43% at the open. South Korea's Kospi added 0.36% after hitting a record high for the third straight day last Friday, whi ...

Core Insights - The article emphasizes the mathematical relationship between investment losses and the required gains to return to breakeven, illustrating that a 20% loss necessitates a 25% gain to recover [1][2] - Historical data shows that while the stock market can be volatile, it has a strong tendency to recover from losses, with significant gains often following bear markets [3][4] Historical Performance - The 2022 bear market resulted in a 24% decline, requiring a 32% gain to break even, but the market achieved a total return of 78% before the subsequent downturn [6] - The 2020 pandemic crash saw a 34% drop in the S&P 500, necessitating a 52% return to recover, which was surpassed with a 120% return [6] - The global financial crisis starting in 2007 led to a 55% decline, requiring a 122% return to break even, yet the market experienced an 11-year bull run with a total return of 527% [6] - On average, bear markets see a decline of 31%, requiring a 45% return to recover, while bull markets have historically provided an average return of 254% before the next bear market [6]

America’s smallest public companies have been thriving this year in an economy that finally seems to reward them — lower interest rates, steady economic growth and a financial market once again hungry for risk. But beneath the surface, the fundamentals tell a different story — a reminder that the small-cap rally is being fueled more by optimism than earnings, and that these stocks may never run with the big dogs of the S&P 500.Large-cap outperformance has become particularly acute since the start of the cur ...

#行情 恒生指数周五收跌2.5%，创4月7日以来最大单日跌幅。外汇交易员 (@myfxtrader):#行情 陆港两地股市低开低走，深证成指跌2%，上证综指跌0.8%，4000股下跌。恒生指数跌1.3%，科技指数跌2.5%。 https://t.co/1R7ejoEW6R ...

#行情 陆港两地股市低开低走，深证成指跌2%，上证综指跌0.8%，4000股下跌。恒生指数跌1.3%，科技指数跌2.5%。 https://t.co/1R7ejoEW6R ...

Core Points - The stock market experienced a decline, with the S&P 500 down 0.5%, the Dow down 200 points (0.4%), and the Nasdaq Composite down 0.5% [1] - The yield on the 2-year Treasury note decreased to 3.48%, while the 10-year yield fell to 4.02% [1]

Core Viewpoint - The article discusses the behavioral patterns of investors, highlighting a tendency to be overly tolerant of losses while being quick to take profits, leading to a cycle of small gains and significant losses [1]. Group 1: Market Overview - The funding environment is balanced and slightly loose, with the central bank conducting a 2,360 billion yuan reverse repurchase operation, resulting in a net withdrawal of 3,760 billion yuan [3]. - The interbank funding rates remain stable, with DR001 around 1.31% and DR007 around 1.42% [4]. - The stock market experienced a pullback after reaching near previous highs, influenced by ongoing US-China trade tensions and a slight decline in interest rates [6]. Group 2: Bond Market Dynamics - The bond market showed stability, with the 10-year government bond yield fluctuating around 1.7575%, reflecting a slight downward trend [6]. - The "old friends" in the bond market, referred to as "old Deng stocks," have been performing well, indicating a potential shift in investor sentiment towards bonds [7]. - The yield on long-term bonds has shown a stronger performance, with the 10-year bond yield decreasing to approximately 1.753% [6][7]. Group 3: Interest Rate Trends - The weighted rates for various repurchase agreements indicate a slight increase in R007 to 1.48%, while R001 remains stable at 1.35% [5]. - The interest rates for government bonds across different maturities show a mixed trend, with some rates experiencing slight declines [9].

Core Insights - The article highlights the increasing interest of the Greater China region in the Japanese stock market, particularly in the JPX derivatives market [1] Group 1: Market Trends - There is a notable rise in trading volumes in JPX derivatives, indicating a growing engagement from investors in the Greater China region [1] - The article discusses the factors contributing to this trend, including economic recovery and favorable market conditions in Japan [1] Group 2: Investment Opportunities - The JPX derivatives market presents potential investment opportunities for investors from the Greater China region, driven by the diversification of investment portfolios [1] - The article emphasizes the importance of understanding the Japanese market dynamics for effective investment strategies [1]

Core Viewpoint - The S&P 500 is currently trading at historic valuations despite recent sell-offs due to potential trade conflicts with China, indicating a complex market environment [1]. Group 1: Market Valuation - The price-to-peak earnings ratio of the S&P 500 is hovering around historic levels, suggesting that the market may be overvalued [1]. Group 2: Investment Opportunities - The best profit opportunities in individual stocks are often found in those that are less widely followed by average investors or those that do not accurately reflect current market opportunities [1].