Summary: In the first half of the year, the US stock market's bleak economy and performance were negative or the market continued to undergo pressure.

Author:Xinhuanet Time:2022.07.03

As the high inflation prompted the Fed to gradually tighten the monetary policy, the US stock market performed bleak in the first half of this year. The Nasdaq Composite Index and the 500 stock indexes in the S & Per fell into the bear market on March 7 and June 13, respectively. Analysts believe that this is the worst stock market market in the United States for many years. Before the inflation situation continues to improve, the US stock market is difficult to rise.

In the first half of this year, the S & P 500 Index fell 20.58%, the largest in the first half of the year since 1970; the Nasdaq Composite Index fell 29.51%, which fell 31.32%compared with the historical high last November; The index fell 15.31%.

The worries of the US economic recession continue

The market is concerned that the United States may have economic recession later or 2023.

According to data from the US Department of Commerce, in the first quarter of this year, the actual GDP of the United States was calculated by 1.6%by annual rate, which was 0.1 percentage points from previous data. Macro indicators such as the latest purchasing manager index, house price index and investor confidence have declined.

Nicholas Coras, co -founder of market research institutions "Data Touring" research company, said the US economy is cooling rapidly.

Elsan Harris, director of the global economic research of the Bank of America, said that because of the weak consumption data performance in May, the agency has reduced the US economic expectations in the second quarter of the second quarter from the previous month -on -month increase to the same month.

Generally speaking, negative growth in the economy for two consecutive quarters will be regarded as a technical recession. Jeremy Siegel, a professor of finance at the University of Pennsylvania, Pennsylvania, said that in this regard, the US economy does decline.

Former US Treasury Secretary and Harvard professor Summer said that in the next two years, the United States will almost inevitably have economic recession.

The financial report season may trigger a new round of decline

At the same time, the U.S. Corus Department Store, Global Health Service Corporation, Chain Pharmacy Wolberg and Nike have all reported their performance, which caused a significant decline in the stock price. In the forthcoming second quarter fiscal season, more companies are expected to lower their performance expectations.

Graig Macus, executive director of UBS private wealth management department, said that the weak performance of enterprises may further increase the downward pressure on the stock market.

Michael Bryle, the founder of the American Sailon Asset Management Company, warned that the defeat of the financial market will only reach half of the time, and the next step will have a decline in profitability.

Robert Belde Assets Consultant Investment Strategy Analyst Rose Merfield said that the performance of corporate performance in the second and third quarters will dominate the decline in the stock market. Before inflation and expectations are controlled, there may not be a new bull market. Essence

The UBS group said that the market may still fluctuate in the second half of the year. Before the inflation was controlled and the Fed's suspension or stopping interest rate hike appeared, the market's popularity was unlikely to improve.

Original title: Summary: In the first half of the year in the US stock market, the economy and performance were negative or the market continued to be under pressure

As the high inflation prompted the Fed to gradually tighten the monetary policy, the US stock market performed bleak in the first half of this year. The Nasdaq Composite Index and the 500 stock indexes in the S & Per fell into the bear market on March 7 and June 13, respectively. Analysts believe that this is the worst stock market market in the United States for many years. Before the inflation situation continues to improve, the US stock market is difficult to rise.

In the first half of this year, the S & P 500 Index fell 20.58%, the largest in the first half of the year since 1970; the Nasdaq Composite Index fell 29.51%, which fell 31.32%compared with the historical high last November; The index fell 15.31%.

The worries of the US economic recession continue

The market is concerned that the United States may have economic recession later or 2023.

According to data from the US Department of Commerce, in the first quarter of this year, the actual GDP of the United States was calculated by 1.6%by annual rate, which was 0.1 percentage points from previous data. Macro indicators such as the latest purchasing manager index, house price index and investor confidence have declined.

Nicholas Coras, co -founder of market research institutions "Data Touring" research company, said the US economy is cooling rapidly.

Elsan Harris, director of the global economic research of the Bank of America, said that because of the weak consumption data performance in May, the agency has reduced the US economic expectations in the second quarter of the second quarter from the previous month -on -month increase to the same month.

Generally speaking, negative growth in the economy for two consecutive quarters will be regarded as a technical recession. Jeremy Siegel, a professor of finance at the University of Pennsylvania, Pennsylvania, said that in this regard, the US economy does decline.

Former US Treasury Secretary and Harvard professor Summer said that in the next two years, the United States will almost inevitably have economic recession.

The financial report season may trigger a new round of decline

At the same time, the U.S. Corus Department Store, Global Health Service Corporation, Chain Pharmacy Wolberg and Nike have all reported their performance, which caused a significant decline in the stock price. In the forthcoming second quarter fiscal season, more companies are expected to lower their performance expectations.

Graig Macus, executive director of UBS private wealth management department, said that the weak performance of enterprises may further increase the downward pressure on the stock market.

Michael Bryle, the founder of the American Sailon Asset Management Company, warned that the defeat of the financial market will only reach half of the time, and the next step will have a decline in profitability.Robert Belde Assets Consultant Investment Strategy Analyst Rose Merfield said that the performance of corporate performance in the second and third quarters will dominate the decline in the stock market. Before inflation and expectations are controlled, there may not be a new bull market.Essence

The UBS group said that the market may still fluctuate in the second half of the year.Before the inflation was controlled and the Fed's suspension or stopping interest rate hike appeared, the market's popularity was unlikely to improve.

Original title: Summary: In the first half of the year in the US stock market, the economy and performance were negative or the market continued to be under pressure

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