Overnight, four Fed officials took turns making hawkish statements suggesting that interest rates could continue into the year after next and warning the market to underestimate the chances of a rate rise next year. The comments undoubtedly dropped a bomb on the U. S. stock market, which increasingly focused on Powell's statement in the early hours of Thursday.
Fed officials who spoke last night included Fed Vice Chairman Brainard, New York Fed Chairman William Williams, Cleveland Fed Chairman Mestre and Eagle King St. Louis Fed Chairman Brad.And these four officials all have votes for this year's FOMC.The right to vote had a big impact on the policy-making of the Fed at its December meeting.
In fact, according to the tradition of previous years, as this Thursday officially enters the "closing month" of 2022, the "Santa Claus market" for US stocks is about to follow.
Since 1945, the s & p has risen an average of 1.2% in the last five days of December and the first two days of January, a phenomenon some investors refer to as the "Santa Claus market", according to CFRA.
However, under the influence of aggressive interest rate hikes by the Federal Reserve this year, even if Santa Claus can still arrive this time, his sleigh ride may be destined to be bumpy.
According to market opinion, the Fed will hold its last interest rate meeting in 2022 on Christmas Eve, when the Fed's monetary policy decisions will have a significant impact on the next trend of US stocks.
Futu Information has sorted out the performance of the Christmas market of US stocks over the past 10 years for cattle friends' reference:
Niu friends.
Do you think there will be a Christmas market for US stocks this year?
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